Price is testing support and we could see a bounce from here. A break above our desecending trend line is needed before a further push up.

Price is testing support and we could see a bounce from here. A break above our desecending trend line is needed before a further push up.

Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...

The day we had the biggest attack on the US Democracy in modern history the S&P 500 and Russell 2000 Indices made new all-time highs. We all know that the market narrative has been a challenging one to follow through the course of the Covid-19 pandemic and as we hope...

Weekly commodity update focusing on the strong start to 2021 driven by multiple tailwinds and led by energy and industrial metals, We expect the broad commodity rally that saw the Bloomberg Commodity Index rise by 10% during the last quarter will extend further into 2021. Driven by multiple tailwinds from...

The so-called 'bubble stocks' continue to do well as the speculative fever continues in technology and green stocks following the Democratic majority in US Congress. But for how can it last and will the reflation trade burst the bubble stocks?Last year we wrote about ‘bubble stocks’ where we highlighted many...

With US President Donald Trump conceding that Biden is set to take charge, and with anticipation of new large US stimulus checks in the works in the early days of his administration, markets are in a fine mood on the implications for this stimulus feeding liquidity and the global economy....

Price is testing support where we could see a bounce above this level to our first resistance target. Prices are holding above the 20 EMA as well, in line with our bullish bias.

Price is testing support where we could see a bounce above this level to our first resistance target. Prices are holding above the 20 EMA as well, in line with our bullish bias.

Equities celebrated the anticipation of more incoming stimulus in a big way, particularly in the US, with the major indices there posting their largest advance in weeks. US President Donald Trump has acknowledged the transition of power to the new Biden administration. Up today, we the latest US jobs data...