Crowded Gold Longs Killed
The failing crowded trades continue to implode. The saga from last year still haunts investors. Latest casualty is gold. The…
The failing crowded trades continue to implode. The saga from…
Remember Trading Options?
Despite all the global headlines, the SPX has remained trading in an extremely tight range. Close to close the index…
Despite all the global headlines, the SPX has remained trading…
It Is All About the Risk
Trump, Xi, trade deal or not, Fed, Powell, Emerging markets, long or short. There are plenty of themes for investors…
Trump, Xi, trade deal or not, Fed, Powell, Emerging markets,…
Did Trump Jinx the Market with the Oil Tweet?
Last week we wrote a note on oil, pointing out the fact oil had become a somewhat “forgotten” topic. After…
Last week we wrote a note on oil, pointing out…
Fearfully Fearless
By now everybody knows global equity volatilities have imploded. The move lower in VIX has been huge, falling from 35…
By now everybody knows global equity volatilities have imploded. The…
What about Oil?
Remember the Oil carnage last year? Oil is up 35% from late December lows. As we wrote last year, the…
Remember the Oil carnage last year? Oil is up 35%…
Reversals Everywhere
Past few days have been somewhat weird. We can “feel” the bull, but it is not going higher. This is…
Past few days have been somewhat weird. We can “feel”…
Why Do You Buy Gold Here?
With all eyes on Fed today, we got rather muted reactions across assets. Small down, then small up was the…
With all eyes on Fed today, we got rather muted…
Hedge the World with Europe
Global volatilities have imploded since the “great low” in equities was marked during past Christmas. It was interesting to note…
Global volatilities have imploded since the “great low” in equities…
Overbought, period!
Overbought can stay overbought, but RSI readings like the one we are just seeing has been followed by the SPX…
Overbought can stay overbought, but RSI readings like the one…
Gold Getting Ahead of Itself?
We have written extensively on gold since last autumn, suggesting the logic for the longer term bullish stance on gold.…
We have written extensively on gold since last autumn, suggesting…
The World at the 200 Day Moving Average
All indices globally have bounced violently since the Christmas lows. We note that pretty much all global indices we look…
All indices globally have bounced violently since the Christmas lows.…