UBS still insisting the bounce is intact and to buy the dips so long as sp500 cash stays above 1220 on a closing basis. Weekly01-11 Well, we are at 1218 on the sp500 cash now and below this on futures. We are therefore at a key level now which is repeating across currencies and other …
Category Archives: PMs
‘Equities The Only Show in Town’.. Due to Unlimited Monetary Expansion
Further to the post from a month ago.. http://www.capitalsynthesis.tech/international-equities-the-only-show-in-town/ Today was not about the European news flow. Today was simply a tiny portion of the wall of capital that is resting in cash and bonds entering the equity markets. Participants in cash are beginning to see the future and that future is all about a …
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Precious Metal Break their Ranges.. Another HUI False Dawn?
Gold and silver both scored parabolic moves in 2011, have the parabolic moves finished or are we about to see a dramatic leg up? We shall soon see guys. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/25_Stephen_Leeb_-_China_Will_Send_Gold_%26_Silver_to_the_Moon.html Today may or may not be the long promised dawn for the pm miners but there have been interesting price moves as the pm metals …
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Weekly Technical Update.. Short Term Corrective Move Consistent Within Rally
Report here below.. will update later with, hopefully, more meaningful comments as under time pressure here.. Rich UBSWeekly18-10
UBS Weekly Technical Update – ‘Multi Month Rally Within A Cyclical Bear – Buy Pull Backs’ 11th Oct
Apologies for the delay in posting up.. Ive been traveling between beach, mountain & city. Below the UBS technical view. Its a complex report this and contains many gems. The summary is sp500 above 1074 or so (on a closing basis) signifies the low is in for this wave of the cyclical bear. They suggest …
Key Inflection Point For Asset Markets
We have found supports across many different asset markets from industrial metals to softs to equity markets. Vs this we have extreme political and central bank involvement in asset markets. Their actions are driving price potentially overwhelming the technical issues. Extreme spikes down are very possible therefore as the technical supports and up draft is …
Buy Stocks – ‘Intermediate Low – Buy Weakness’ UBS Update
UBS are of the view that the low is likely in for this leg of the cyclical bear. They do leave the door open to a retest of the lows of this leg in the next week or so but recommend any such move as a ‘buying opportunity’. October rebound scenario. Sectors etc are in …
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Dr Marc Faber Succinctly Summarizes on Reuters.. 22nd Sept
Dr Faber’s track record is really something. Here on Reuters from the 22nd summing up the history and forward perspectives perfectly for us. “Globally something is awfully wrong”. http://insider.thomsonreuters.com/link.html?cn=uidTWASIA&cid=265773&shareToken=MzpkMzJjMDcxNi03YTcyLTQ5YzAtYWEyZC05ZWY4Y2MyZGFiMjU%3D&start=0&end=303 “I think the US dollar will continue to strengthen”. “Meaningful slowdown in the Chinese economy coming. Will it collapse or slow down is a different issue. …
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Silver Loses 25% in Two Days..
Post the non expansion of the Fed balance sheet silver has been the worse performing major asset class in the markets in the last 2 days. Silver futures today have dropped 17.7%. This represents their biggest one-day percentage decline since least 1984. Technically trading silver is a very dangerous business. I prefer to be a …
GOLD GOING PARABOLIC
http://www.flickr.com/photos/65045749@N04/6025196454/#/photos/65045749@N04/6025196454/lightbox/ And with many now calling for a massive qe3 program its hard to see how the move could break. Here Rogoff, another academic calling for “much more aggressive monetary policy however unpopular it might be”. It won’t be unpopular in wall street, that’s for sure. http://www.bloomberg.com/video/73684456/ Fed meeting today. If they announce QE3 it …
Merril Lynch Forecasts for Oil, Gold & Standard Chartered on Gold
Worth a scan for the house view from Merril july reports on oil and gold for their 2012 projections. Some useful charts and data in each. What comes from both reports is their 2012 bullish call on copper for 11500. These sorts of projections for copper go some way to explaining the copper miners out …
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UBS Calls End of Cyclical Bull Market.. (Just released)..
Just released on the wires a very interesting UBS technical call on these markets. UBS calling a market top here, near term. May reach 1370 sp500 but this would most likely represent the top and end of the 2009 to 2011 cyclical bull market and the start of the cyclical bear market according to UBS. …
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