Price is facing bullish pressure from our support in line with our ascending trend line where we could see a further upside above this level.
Podcast: Every market top looks different
Today we take a look at the three previous major highs in the equity market and compare conditions then with conditions now, as we continue to maintain a cautious stance, particularly given the recent rise in bond yields. On that note, a look at the next key levels for US...
Podcast: Yields spike further and finally get (a modicum of) respect
Today we look at the acceleration higher in US treasury yields yesterday, with the entire yield curve from 5 years on out lifting aggressively and finally getting widening respect outside of the yield sensitive USDJPY and gold, as the USD was broadly bid on the development and the speed of...
EURJPY could pull back to the trendline and bounce!
EURJPY could pull back to the trendline and bounce!
EURJPY could pull back to the trendline and bounce!
EURJPY could pull back to the trendline and bounce!
Market Quick Take – February 16, 2021
The US was off-line yesterday, while the mood overnight in Asian markets was very positive, with the Nikkei 225 posting a 2% gain taking it well above 30,000 as the yen is very weak across the board, even weaker than the US dollar. Crude oil and products supported by US...
Breakout Identified in EURJPY
The Breakout Opportunities system has just bought EURJPY at 128.224. The system recommends entering this trade at any price between 128.02 and 128.37. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.237, suggesting that the EURJPY may have further...
Reflation on the brain
We discuss the ongoing reflation thematic and look ahead to potential pathways should yields continue their march higher.Despite a quiet week ahead, reflation remains firmly in focus, oil prices are at 13-month highs, and global growth is rebounding as vaccination programmes roll out. Equities broadly remain supported by combination of...
The Most Important Number in Investing
And here are the VQs for some popular stocks and indexes: Ride Your Winners and Cut Your Losers Let me leave you with a single nugget that may change your investing life forever.
Where are Treasury yields heading? A technical analysis.
Ten-year US Treasuries yields may rise fast towards 1.5% once they break above their upper trendline at 1.22%. When we compare 10-year Treasury yields to the 10-year Breakeven rate, we find that there is a mismatch between the two. Either inflation expectations are too high, or 10-year yields lag the...