Today we issue another general note of caution on the status of global equity markets, which look stretched even if there are rational (real yields) and especially seasonal narratives in support of recent developments. Elsewhere, we dive into Amazon's broadside against Visa, whether that company and Mastercard could see eventual...
Market Quick Take – November 17, 2021
US equities remain poised near all-time highs after a mixed session yesterday, while Asian equities were in a cautious mood on a weak session for the Chinese markets. In FX, focus centers on the very weak Euro as the single currency has dropped across the board on bets that the...
The 401K Is Dead. Long Live Risk.
They’d get a high-paying job in the field of their dreams and the debt would just be a speed bump.They got scammed.We now have a generation of young people mired in student loan debt, while the feds continue to gift corporations with low interest rates and free money to buy...
DAX, S&P500, Nasdaq 100 and Nikkei 225. The trend is your friend
Main US and European Equity Indices seems to be trading in rising trends. Nikkei has paused a bitDAX is rising in a fairly narrow channel making new all-time highs almost daily. RSI is not showing divergence indicating we are likely to see higher levels in coming days and possibly weeks....
Rivian: the dangerous game of excessive expectations
Rivian has become a new phenomenon we have never seen before getting a $153bn market value with zero revenue booked. We take a look at the numbers to find out what is going on.In yesterday’s equity update, we wrote about the current bonanza in EV stocks with the 11 largest...
Surging gas prices fail to inspire rangebound crude oil
Crude oil remains stuck near the bottom of a seven-dollar range, that has prevailed for the past month, with mixed signals creating some uncertainty with regards to the short-term direction. Gas prices in Europe and Asia meanwhile has been shooting higher once again with the continued worry about tight supplies...
FX Update: At what point is euro weakness existential? USD strength broadens.
A fresh spike in natural gas prices in Europe accelerated the relative weakness of the euro yesterday and the single currencies performance is so dire that we have to consider where to look if the market transitions to more existential, as opposed to cyclical concerns. Elsewhere, SEK has recently looked...
USDCHF potential for pullback! | 17 Nov 2021
Price is on a bullish momentum and abiding to our ascending trendline. We see potential for short pullback from our sell entry at 0.93235 in line with 100% Fibonacci extension towards our Take Profit at 0.92731 in line with 23.6% Fibonacci retracement . Stochastics are at a level where dips...
EURUSD appears overbought | 17th Nov
Signal ID: 78299 Time Issued: Wednesday, 17 November 2021 04:00:15 GMT Status: open Entry: 1.12751 - 1.13005 Limit: N/A Stop Loss: 1.12371 The Congestion Opportunities Strategy has just bought EURUSD at 1.12878. The system recommends entering this trade at any price between 1.12751 and 1.13005. The signal was issued because...
AUDJPY on bullish momentum! | 17 Nov 2021
Price is on a bullish momentum and is abiding to our ascending trendline. Our buy entry at 83.535 in line with 78.6% Fibonacci extension towards our Take Profit at 84.531 in line with 50% Fibonacci retracement . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other...