Buy our new Crypto strategy, Tyger (ISIN: DE000A4A54G6)
Closing Coinbase Trade and Transition to Tyger Certificate Following our recommendation to invest in cryptocurrencies via a long position in Coinbase, we are closing the trade with an impressive +87% return. We are now transitioning to…
buy downside convexity on DAX
It is possible the ECB meeting is starting a new leg down for European equities. We buy out the money put on the German DAX, for which implied volatilities have fallen too much. The chart on…
Buy Germany
Our regional Matrix (see below) is OW Europe, as its EU sentiment grade is bullish at +28% (while US or Japan have very negative sentiment grades), its valuation less expensive than US, and its contrarian trend showing…
Update on our US hedges
We observe a symmetry (pink rectangle) between the current circa 10% sell-off and the one in June. probably, the comparison may continue for the outcome : UP. There is currently an inverse head and shoulders forming…
Short Japan
Our regional Matrix is underweight Japan. Our Japanese allocation has been overweight for the last 2 years, so we listen carefully to a change of tone from our matrix as: 1) Japanese stocks are not cheap…
Take profit on European names
Equities are very overbought and our matrix has switched from a momentum phase to an inflexion one: we are becoming short term bearish on US stocks and now neutral on European ones. Thus we take profit…
Buy US Gold miners
We think the Fomc meeting outcome is very dovish and thus bullish on gold. Gold miners - GDX US- have broken their current bearish trend and should rebound towards their 2029 high circa 31.We initiate a…