Short Defensives
We are shorting defensives and the SMI is the proxy for defensives 1- Short SMI for 8600 2- Short XLU for 51 3- short XLP for 53.8
Short DLG GY
Most Semiconductors have been hit by KLAC comments and Micron analysts' downgrades (Micron announced that NAND chip prices fell in the third quarter. NAND products currently account for about 37% of Micron’s total net sales. After…
Short XLU above 54.6 for a 51 target
US Utilities have outperformed since February and more recently with the global correction in equities. But our US sector matrix stays between neutral and underweight on utilities (interestingly both financials and utilities have seen their matrix…
Buy world cup names (adidas, ABinbev, Carlsberg, Yandex …)
What are the companies which should benefit from the World cup ? first, Adidas is best positioned within Sportswear. For this year's World Cup in Russia, Adidas is sponsoring 12 national teams (out of a total…