Crude Matters (for everybody)
Crude has gone up by some 27% from recent lows without much pause. Black gold climbed above the 50 day…
Crude has gone up by some 27% from recent lows…
Weekend Reading January 19th: Keep on Grinding. Nothing Stopping the Markets (famous last words)?
Another week of positive returns. Markets are now up 4 weeks in a row. The overarching theme have been investors…
Another week of positive returns. Markets are now up 4…
Fed – To Call or to Put?
It was only a few weeks ago markets priced a cut by the Fed, while the markets now are pricing…
It was only a few weeks ago markets priced a…
Absent Fear to Take Gold Lower?
Gold has been a great long play since the turmoil started back in October. Below is a quick update to…
Gold has been a great long play since the turmoil…
Buy Protection When You Can, Not When You Must
Global volatility indices trade lower today (again), as the complex implosion of volatility post-Christmas continues. European VIX, V2X, is down…
Global volatility indices trade lower today (again), as the complex…
China Needs Speculation
Early this week we wrote about the Asian Bull. Below is a quick update as the indices in Asia continue…
Early this week we wrote about the Asian Bull. Below…
Europe: Economies Shows Stress. Car Sales Collapse – U.S. Signals More Auto Tariffs.
Sales of autos in Europe dropped by 8.4% in December compared to the same time in 2017 according to ACEA…
Sales of autos in Europe dropped by 8.4% in December…
Fear as Common Denominator for Gold and VIX
Gold is one of the few assets globally that has produced positive returns since the turmoil started last October. The…
Gold is one of the few assets globally that has…
Diverging Central Banks
One of our favourite “strategists” when it comes to reasoning about derivatives and the effect on markets is JPM´s Marko…
One of our favourite “strategists” when it comes to reasoning…
Do You Chase Longs Here?
Below is a quick chart review of the main US and European indices. They have basically all reached the negative…
Below is a quick chart review of the main US…
Violent Moves
In late December we argued that investors running for protection and buying options as a portfolio hedge would be proven…
In late December we argued that investors running for protection…
Dull Markets Killing Volatility – Time for the Contrarian Trade?
The implosion in volatilities and other risk indicators continue. Some of the moves lower have actually been bigger than the…
The implosion in volatilities and other risk indicators continue. Some…