Apple is not Tencent…or
Apple, the old darling, continues down. The stock broke the 200-day average recently like it wasn´t even a level. If…
Apple, the old darling, continues down. The stock broke the…
Smart Guys Probably Late to the Party
Today was a classical day we have been waiting to happen. Markets opened lower in Europe and one of the…
Today was a classical day we have been waiting to…
Rude Crude
By now everybody knows Oil is down massively and all pundits in the media are trying to explain demand has…
By now everybody knows Oil is down massively and all…
JPY as a Risk Indicator for Equities
The JPY is one of the bigger “risk” indicators on every macro trader’s screen. When the JPY weakens, the stock…
The JPY is one of the bigger “risk” indicators on…
China revival, Oil implodes, Buybacks and falling Apple suppliers
Apple vs suppliers’….Apple can increase prices etc but the suppliers seem to be caught off guard…   CSI 300 –…
Apple vs suppliers’….Apple can increase prices etc but the suppliers…
Credit vs Eurostoxx 50 Back
We have been pointing out the fact European credit, iTraxx main, has been “dislocated” from the Eurostoxx 50 index. This…
We have been pointing out the fact European credit, iTraxx…
Euro down, Yuan down, Apple down, Volatility up
China – CSI 300 not doing much but up. Note that the Chi Next index is up 3.5%, this “growth”…
China – CSI 300 not doing much but up. Note…
Chart Update – November, 12
Below is a quick chart update of the main US and European stock indices. The recent theme continues, boring price…
Below is a quick chart update of the main US…
Oil – Setting up for a Contrarian Trade?
By now everybody knows oil is down massively since recent highs in early October. The pain trades seem to continue,…
By now everybody knows oil is down massively since recent…
China down, VIX down, FAANG down, Bears down
Nikkei continues trading the 21/23k range. The index gapped higher, but there is no real fizz as we approach several…
Nikkei continues trading the 21/23k range. The index gapped higher,…
What’s Next After the Bounce?
Since the famous lows at 666 in 2009 all bigger corrections in S&P 500 have looked and behaved pretty much…
Since the famous lows at 666 in 2009 all bigger…
Mid Term Elections, VIX implosion, Credit implosion, Crowded Trades
Asian session rather a non-event. Most interesting is to note the fall in Nikkei VIX; VNKY, down 8%. This theme…
Asian session rather a non-event. Most interesting is to note…