Today we look at the continued solid bid in risk sentiment while noting a few signs of extremely stretched sentiment in equity options and especially in Tesla options. Also a look at the strong demand for disaster insurance in GBP options as Brexit crunch time has truly arrived, while Gilts...
CADJPY is facing bullish pressure | 9 Dec 2020
Price is facing bullish pressure where we could see a bounce above this level to our first resistance target. EMA and Ichimoku cloud are showing signs of bullish pressure as well in line with our bullish bias.
CADJPY is facing bullish pressure | 9 Dec 2020
Price is facing bullish pressure where we could see a bounce above this level to our first resistance target. EMA and Ichimoku cloud are showing signs of bullish pressure as well in line with our bullish bias.
Market Quick Take – December 9, 2020
Markets pulled higher yesterday after a rocky start and the positive mood largely continued overnight, especially in Japanese equities. We are noting some impressive extremes in positive sentiment that are a background cause for caution, even if we are at a loss to for any catalyst that could shift sentiment,...
Breakout Identified in AUDUSD
The Breakout Opportunities system has just bought AUDUSD at 0.7434. The system recommends entering this trade at any price between 0.74254 and 0.74488. The signal was issued because the AUDUSD has broken its 24-hour high while our Speculative Sentiment Index was at -2.54156, suggesting that the AUDUSD may have further...
Tesla raises $5bn in capital and slips in European rankings
Tesla is raising capital for the third time this year as it share price hit a new record yesterday. Meanwhile, Tesla did not even make it top 10 on EV sales in Europe in October. Does the rubber meet the reality of the road?Tesla shares were up another 7% yesterday...
Chart of the Week: China credit impulse
Our 'Macro Chartmania' series collects Macrobond data and focuses on a single chart chosen for its relevance.Click here to download this week's full edition of Macro Chartmania. Here and there, we hear that the market is too optimistic about the recovery and that next year many challenges, from vaccine delivery to...
Podcast: Equities are pausing while gold rally on stimulus talk
Today we discuss the low volatility that has suddenly hit many markets including equities despite a few pockets with Tesla being one of those stocks that gained another 6% yesterday, despite losing ground in Europe. Gold traded higher on more stimulus talks in both the US and Japan, while Europe...
Market Quick Take – December 8, 2020
Markets are trading sideways to slightly lower as multiple issues are dragging on what has mostly been an optimistic backdrop: the Brexit situation remains uncertain, with the UK and EU leaders set for in person emergency talks in Brussels, Poland and Hungary continue to hold out against approving the EU...
Disruption dividend creates Citizens Technology Fund
Social and economic anxieties are consigned to the past as new fund alleviates inequality. See previous 2021 prediction In the coming years, possibly within a decade, some one quarter of current jobs as we know them may be displaced, as automation replaces physical labour and AI replaces growing chunks of...