Equities traded mixed to slightly stronger yesterday, with sentiment generally weakening slightly overnight. The US Treasury struggled to sell 30-year T-bonds at an auction yesterday, with demand at the lower end of the recent range and long US yields popping back higher after the drop of the previous day. Gold...
Shipping rally and equity correction candidate list
Shipping stocks are up 81% since March 2020. Can the rally continue? We also zoom in our high flying US momentum stocks and ask whether a momentum crash is on the horizon.This week the world’s largest container shipping company reported Q4 earnings showing a solid tailwind from the pandemic with...
Oil rally slows as fundamentals play catch-up
Crude oil's longest winning streak in two years has started to show signs of pausing, thereby allowing fundamentals to catch up with a rally that has taken prices higher by 22% since Saudi Arabia announced their unilateral production cut decision in early January. A decision that undoubtedly has helped the...
Podcast: All time easy financial conditions with hyper-sensitive vol. What could go wrong?
Today we look at some "disturbances in the force" as some of the more speculative stocks have suddenly been in for some rough sledding even as the US market poked at all time highs briefly yesterday. As well, we note the incredible reach for yield in junk debt at the...
Silver takes the gold in our Outrageous Predictions vote
Two months ago we published our much talked about Outrageous Predictions for 2021 and asked you to vote for the one that you thought was most likely to happen. The results are in and we can reveal that "Sun shines on silver, which sizzles on solar panel demand" was chosen...
Market Quick Take – February 11, 2021
The US equity market closed slightly lower after a jittery session that saw both relatively strong new highs rejected as well as a solid bounce off session lows. Overnight action was a bit quieter than usual with China off-line for a week to celebrate the Chinese New Year holiday. US...
XAUUSD is approaching support, potential bounce | 11 Feb 2021
Price is approaching our support in line with our ascending trend line and fibonacci confluence levels where we could see a bounce above this level.
XAUUSD is approaching support, potential bounce | 11 Feb 2021
Price is approaching our support in line with our ascending trend line and fibonacci confluence levels where we could see a bounce above this level.
EURJPY cup and handle pattern, more upside !
EURJPY cup and handle pattern, more upside !
EURJPY cup and handle pattern, more upside !
EURJPY cup and handle pattern, more upside !