Smart Tools for a New Economy In 2006, ProShares brought leveraged exchange-traded funds (ETFs) to the market.
Tesla is losing ground in Europe, US banks and rising yield curve
According to European EV sales figures in November, Tesla is losing ground ranking only fourth behind Renault, Volkswagen, and Hyundai. The reflation trade is also positive for banks and we take a look at the potential for US banks in 2021. A month ago, we commented on our Saxo Market...
The Italian government crisis offers a great opportunity to European bond investors
Italy's government crisis offers the perfect opportunity to enter in Italian government bonds cheap while continuing to benefit from ECB's accommodative monetary policies. We believe that even if the current government falls this afternoon, there is little probability that the country will go to early elections. The most probable outcomes...
FX Update: USD choppy on Fed jawboning, US yield reversal
The USD rally was capped and reversed yesterday as US yields retreated sharply from new highs, Fed officials weighed in against any tapering urgency, and risk sentiment stabilized. This sets up the USD high from early Monday as the key line in the sand, or tactical pivot for USD bears...
Surging grain prices add to inflation unease
U.S. crop futures has surged to a fresh seven-year high after a government report lowered supply estimates while raising exports. The grains sector has now rallied by close to 50% during the past six months, thereby adding further fuel to the prospect for rising inflation. The six-month long bull market...
Podcast: US yield rise moderates as USD wilts. Grains exploding
Today, we look into the USD reversing back lower as US yields topped out and rolled over slightly, in part on Fed pushback against tapering guidance. Also a look into fixed income developments in EM, the explosion in grain prices, what is keeping oil so elevated, Zoom's interesting gambit to...
Market Quick Take – January 13, 2021
US equities toyed with support before rallying to avoid a weak close yesterday while US yields settled lower after a pronounced break higher recently. Asia delivered a mixed session, with Chinese equities pulling back from new cycle highs while Japan gunned for another new multi-decade high. Today, the US House...
USDJPY is facing bullish pressure from pivot, more bounce !
USDJPY is facing bullish pressure from pivot, more bounce !
Breakout Identified in USDJPY
The Breakout Opportunities system has just sold USDJPY at 103.6. The system recommends entering this trade at any price between 103.484 and 103.778. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.819, suggesting that the USDJPY may have further...
ETHUSD is facing bullish pressure | 13 Jan 2021
A break above our descending trend line could see a further upside.