Shayne and I expect to see an increase in risk-on exposures as money managers are now positioning for a slowing rate of coronavirus contagion growth. Despite the buying by some aggressively Bullish hedge funds, macro hedge funds, which place bets on macroeconomic trends using index, currency and interest rate strategies, are still sellers. So, now […]
$USD Monday, Financial markets upped bets that the Fed will be pressed to cut interest rates to cushion a feared hit to economic growth from the spread of the coronavirus. US interest rates futures rose to their highest marks since last Fall as evidence the virus was spreading further outside its original epicenter of China […]
$BAC, $MS Growth optimism is spreading so fast that the percentage of money managers in a Bank of America survey expecting the global economy to improve over the next 12 months just had the biggest 2-month jump on record. As a result, bets on faster economic growth are suddenly all the rage in the equity […]
Short-sellers are winning big this year with expensive bets against marijuana stocks. Cannabis Bears have cleared $993-M in mark-to-market gains so far in Y 2019, even after losing $132-M this month as stocks bounced off their lows, according to data from financial analytics firm S3 Partners. Short exposure to the sector grew by $843-M or […]
$SPY, $RUTX, $USD Last Christmas, the longest Bull market in our lifetime came within points of dying as the Fed raised interest rates. Some pundits say that every 3 years or so something pushes the Bull market to the brink of extinction, before a last-minute escape, that there is a record of support that underpins […]
$XAU $GLD $GS Goldman Sachs Group Inc. (NYSE:GS) said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious Yellow metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts […]
$XAU, $GLD The gold options market saw $1.75-M in block trades betting the precious Yellow metal could almost 3X in more than a year, surpassing the record. Around Noon in New York Wednesday, 5,000 lots of a gold option giving the holder the right to buy the precious metal at $4,000 oz in June 2021 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $BAC, FLASH: Global investors’ equity allocations fell 6% in May and 34 % of fund managers have taken out protection against sharp stock market declines in coming months, Bank of America Merrill Lynch’s (NYSE:BAC) latest monthly survey found Tuesday. The proportion of investors preparing for equity falls is the highest […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Global equities declined Wednesday, capping a 3-day winning streak after the Fed held rates steady as expected, but comments from Fed Chairman Powell cast doubt on whether the central bank’s next move would be a rate cut, as expected. The Fed left its Key interest rate unchanged Wednesday and […]
$GLD, $XAU By Jim Curry Last week’s trading saw gold forming its high in Monday’s session, here doing so with the tag of the 1295.20 figure. From there, weakness was seen into Thursday, with the precious Yellow metal dropping all the way down to a Thursday low of 1273.00 before bouncing slightly to end the […]
$DIA, $SPY, $QQQ FLASH: 10 years Friday the US stock market hit the bottom of the Great Recession. Today, 10 years later, the US stock market is acting as if the economic expansion, now in its 117th month, is going to continue and likely accelerate. The S&P 500 is up 10% YTD The benchmark index […]
$GS, $MS FLASH: There is Big money heading to Chinese stocks After MSCI Inc. announced Thursday that it would boost the weighting of China’s onshore shares in its emerging market index, more than $46-B is set to pour in from funds that track the gauge. Chinese equities climbed to the highest since June Friday, leaving […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The ‘smart money’ is still refusing to chase the US stock market rally. While US stocks kept moving North posting their best January in 30 years, hedge funds managers aka smart money, held their cautious stance, trimming Longs while boosting Bearish bets along the way. At the start of […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The market is looking for a Dovish stance from the FOMC when it comes to its interest rate projections for Y 2019. Everything will come into view at 2:00p EST Wednesday Investors in pain from a difficult year hope the Fed will align with President Trump’s ‘demand’ for dovishness in […]
Bitcoin (BTC) Short Bets Spike $BTCUSD The pessimistic sentiment around Bitcoin (BTC) prices saw the number of shorts spike to a 6-week high Thursday. Bitcoin is on track to post its biggest annual price drop on record. That would change only if prices rise above $5,959. The symmetrical triangle breakdown favors a drop to $3,474. […]
Wall Street Bets Yes, President Trump’s America First Policy Working $DIA, $SPY, $QQQ Friday, US stocks rose as investors bet on progress in US-China trade meeting Saturday, and the S&P 500 and the Nasdaq posted their biggest weekly percentage gains in almost 7 years. DJIA saw its largest weekly advancer in 2 years, as investors […]
Tesla (NASDAQ:TSLA) Looking Back Over the Past Year.5 $TSLA In the wake of his recent Axios interview of Tesla (NASDAQ:TSLA) CEO Elon Musk broadcast a lot of stuff to his listeners and devotees. Much is hyperbole, some is fact. Below are of some things that happened at the fledgling US EV maker over the past year.5, as […]
Mickelson Wins the Match Against Woods with a Birdie on 22nd Hole Phil Mickelson beat Tiger Woods in overtime Friday in their $9-M pay-per-view match in Las Vegas that ended up free for many viewers because of technical problems. Mr. Mickelson won on the 22nd hole, making a 4-ft birdie putt on a specially set […]
Options Traders Setup for More Volatile Market Action $VXX, $CBOE, $SPY For the 2nd time this year, volatility has come back into the markets, and traders in the stock options market are betting ongoing market gyrations are not about to let up any time soon. People are betting action could come from either direction. This […]
America First Is a Winning Strategy America First is the way to go. US stock markets continue to be driven by “uniquely American” factors such as strong activity data, a central bank that’s on the path to being restrictive and foreign policy aimed at systemically important countries, JPMorgan Chase & Co. (NYSE:JPM) strategists led by […]
Gold Down and USD Up on Fed Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold is down more than 13% from an April high, largely because of the stronger USD Concerns about Iran sanctions led to a widening difference between NYMEX WTI Crude and ICE Brent Crude prices Global mining […]
Gold Up and USD Up on FOMC Rate Hike + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Thursday, Gold prices rose, as investors looked for bargains after the metal fell a 2-week lows in the prior session following a US interest rate hike and as limited gains in USD after the decision supported demand […]
Gold Steady on Flat USD, and FOMC Rate Policy Announcement + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices drifting in a narrow range Wednesday as investors awaited cues of the FOMC’s 2-day meeting, where policymakers are expected to raise interest rates for the 3rd time this year. Spot gold was up […]
Gold Flat on Firm USD, China Trade Tensions Continue + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold was steady Tuesday on US-China trade tensions after $200-B of tariffs came into effect, investors stay on the sidelines ahead of the FOMC policy meeting. Spot gold was barely changed at 1,198.28 oz by 0056 GMT. […]
Gold Down on From USD, as China Halts Trade Talks + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold edged lower Monday, as USD held firm on news that China has cancelled trade talks with the United States, with the market also eyeing this week’s FOMC policy meeting for guidance on […]
Gold Prices Up, Easing Trade Concerns Soften USD + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Asian stocks extended gains Friday thanks to Wall Street marking all-time highs, as investors believe that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. […]
Gold Prices Steady, Trade Concerns Pressure USD + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT In Asia Asian stocks followed global indexes higher Thursday, as investors took a less bearish view on the impact of the US-China trade war on markets, a sharp contrast to dim expectations economists had on US growth amid the […]
Gold Prices Up, as USD Eases + Commodities $GLD, $SLV, $USD, $PLAT, $USO, $OIL, $SOY, $CORN,$WEAT Gold prices edged up Wednesday, as the USD weakened despite another round of reciprocal tariffs in the US-China trade dispute. In focus 19 September 2018 Spot gold up 0.1 % to 1,199.18 oz by 0044 GMT US gold futures […]
Let’s Consider Silver’s Very Low Numbers $SLV, $GLD The Devils Metal will bounce right back up in symmetrical proportionally when the short covering begins to happen. Let’s consider silver’s numbers. The 52-wk low in specs’ silver-futures shorts was 41.5-K contracts in mid-September 2017. Getting back there would require an astounding 78.6-K contracts of short-covering buying. […]
The Whats’ About Blockchain Value $BTC, $IBM Dominant players who can establish their blockchains as the market solutions are making big bets now With all the talk and chatter about blockchain, it is easy to miss the facts about this new technology. Simply put, Blockchain is a distributed ledger, or database, shared across a public […]
Bears Betting $2.1-B that a Marijuana ‘Bust’ is Coming $TWMJF, $ACBFF The total value of Short positions in global marijuana-related stocks has climbed to a record approaching $2.1-B, according an analyst at IHS Markit in Boston. Short sellers have increased their positions amid concern that the sector is overvalued, and it’s becoming easier to find […]
Tesla (NASDAQ:TSLA) Short Sellers Press Their Bets $TSLA Noted Short-seller Jim Chanos of Kynikos Associates continued to add to his Short position in electric car maker Tesla Inc. (NASDAQ:TSLA) throughout the year even as the company’s shares rallied, he said at the Reuters Global Investment 2018 Outlook Summit Tuesday. Mr. Chanos, who 1st disclosed his […]
Crude Oil Markets Getting Hammered. WTI Target $29 bbl $USO, $OIL There is a Big Bet that prices are about to sink to their lowest marks in more than a year. About $7-M worth of options changed hands Friday that will pay off if WTI Crude Oil (NYSEArca:USO) falls beneath $39 bbl by mid-July, according to […]
Crude Oil (USO, OIL) Breaks Key Support, Heading ‘Due South” $USO, $OIL Crude Oil’s clear break through Key support at 50 bbl has set the options market On Fire. A record number of options contracts, the equivalent to more than 800-M bbl of Crude Oil changed hands Thursday, according to the exchange data. The tally includes […]
George Soros is Shorting The Trump Rally $SPY Recent SEC filings reveal that George Soros has placed big bets against the stock market. The position is costly, the S&P 500 index is up 9.4% since the November election of President Donald Trump, whom Mr. Soros strongly opposes. Mr. Soros’ bets Vs stocks came in the […]
Hedge Funds Very Bullish Copper Price $CU After hitting an 18-month high on an intra-day basis last Monday, the price of Copper price has come under pressure as the Bullishness about the impact of Donald Trump’s $500-B infrastructure plans on demand for the Red metal pauses. Friday, Copper at 2.6155 trading at support levels on the […]
Big Investors Back Off Bonds Fueling This Bull Market $SPY US voters’ decision to elect Donald Trump US President may extend the life of this 7-year Bull Market in US stocks. That is the consensus of prominent investors attending this week’s Reuters Global Investment Outlook Summit. Expectations that Donald Trump will successfully engineer massive new […]
USD Charging North on Interest Rate Bets $DIA, $SPY, $QQQ, $VXX The US climbed to its highest level in about 14 years Vs a basket of peer currencies Friday, while US T-Bond yields were set for their biggest fortnightly rise in 13 years on bets US inflation and interest rates are headed North. A growing […]
Betting Markets that Predicted Brexit Vote Are Pointing to Trump Victory Despite the constant Blustering by the corrupt media, the professional betting markets are predicting a Trump victory in November. The Independent reported: It is news that will strike fear into the hearts of perhaps 50% of America and large chunks of the world outside […]
Chicago Agriculture Commodities Finished Mixed $CORN, $SOYB, $WEAT Chicago Board of Trade (CBOT) grains futures finished mixed Monday, with Corn and Soybean futures rising, and Wheat declining after Friday’s quarterly grain stockpiles report. The most active Corn contract for December delivery rose 9.25 cents, or 2.75%, to 3.46 bu. December Wheat delivery dropped 6.5 cents, […]
Hedge Funds Exit Bull Bets on Crude Oil $OIL, $USO Hedge funds’ net Long position in Crude Oil has fallen by nearly 100-M bbls over the last 2 weeks Hedge funds tempered their Bullishness towards the petroleum complex during the 1st week of September, according to positioning data from regulators and exchanges. Hedge funds and […]
Gold is Looking Good in Economic Uncertainty $DIA, $SPY, $QQQ, $VXX, $GLD US manufacturing has been hurt by a strong USD and sluggish global demand, which have undercut US exports, as well as efforts by businesses to reduce an inventory overhang. Citigroup’s chief economist Willem Buiter, known as a Gold skeptic, now says the precious […]
Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wednesday, Wall Street indexes spiked for a 2nd day running, with DJIA and S&P 500 reentering positive territory YTD, as Brexit worries continued to fade. The DJIA rose 1.64% or 284 pts to finish at 17,694.68 The NAS Comp added 86 pts, to end at 4,559.25 The […]
Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wall Street staged a bounce Tuesday, with the DJIA having its best day in almost 4 months, ending at 17,409.72, up by 269 pts. The NAS Comp advanced 2.12% and closed at 4,691.87, and the S&P 500 added 35 pts or 1.78% to finish at 2,036.09. The […]
Tuesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Risk off extended in the US afternoon session, with the DJIA down 260 pts or 1.50%, to end at 17140.24, the NAS Comp shed 113 pts, and closed at 4,954.44, and the S&P 500 fell 36 pts to 2,000.54. Participants were cautions Monday, with financial shares suffering […]
Monday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Worldwide stocks dove Friday, with US indexes posting their largest intra-day declines YTD. The DJIA closed the day 610 pts lower at 17,400.75. The S&P 500 shed 75 pts, to end at 2,037.41. The NAS Comp lost 4.12% or 202 pts, to 4,707.98. The victory of the […]
Friday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wall Street indexed rose in the last hour of Thursday’s session, with DJIA settling above the 18,000 level for the 1st time in over 2 weeks. The upward momentum in US equities was backed by markets’ positive mood, based on Wall Street bets that the UK referendum […]