Take profit on Short ESZ8 below 2716
The US smart/dumb money indicator is giving a rare buy signal. There is currently nearly a double bottom on ESZ8 at 2710. We close one of our shorts at this level. If 2700 is broken, we…
The US smart/dumb money indicator is giving a rare buy signal. There is currently nearly a double bottom on ESZ8 at 2710. We close one of our shorts at this level. If 2700 is broken, we…
With respect to our matrix, we reduce our short EEM by buying-back 5% below 40.
1288 HK's EPS grade is down to a bearish level (37), while the share price has rebounded below the 200 days MA. Our matrix stays short EM and accordingly we trim our exposure of long…
US Utilities have under-performed by 7% since the date of our short on the 06 September. 10 Year US rates are up and are just below 3.1% before the FOMC. The XLU is now overbought in…
The bilateral agreement reached with Mexico last month calmed fears that the US was engaging in a “war on trade” as it showed a willingness to compromise to preserve NAFTA. (see details in our Trade…
“Powell’s speech was seen a touch dovish,”boosting gold’s appeal Federal Reserve Chair Jerome Powell signaled policy makers are sticking to gradual rate increases. Powell said the fundamentals of U.S. economic expansion look strong and a…
Dax has fallen too much , in the grisp of a perfect storm ( trade wars impacting autos, bayer/monsanto, turkey impacting its banks etc...) but euro has lost 10 % in 5 months and that…
update on TUR US on August 15th: we close our risky long trade at 22 (bought at the open at 19.83 on Friday) August 10th: My first boss Mr Bouskela used to create "equilibrium…
Buy call 7400 for 10% notional + sell NQU8 for 7% of NAV Implied volatility on the Nasdaq (see figure below white line) is back to its low range: We close it 2 vega above at…