Authorities in South Korea are considering closing down exchanges of cryptocurrencies. This is one of the measures considered by the Asian country which is one of the hot spots of digital coins. They want to stop excessive speculation or “irrationally overheated” as Korea’s Office of Policy Coordination says. South Korea’s PM recently expressed concern about the…
Indian share markets pared all earlier intraday gains yesterday to end the session on a negative note. At the closing bell yesterday, the BSE Sensex closed lower by 99 points and the NSE Nifty finished lower by 41 points. The S&P BSE Mid Cap finished up by 0.3% while S&P BSE Small Cap finished up…
One final note for 2017 with regard to the long end of the Treasury curve. It may seem as if the interest rate fallacy would combine with specific bouts of illiquidity to create falling yields during them. That is not always the case, and, in fact, a lot of times the opposite does occur. Take…
Steben & Co., a Gaithersburg, Maryland-headquartered fund of fund manager, has issued a white paper on the various unfavorable myths that it contends surround the hedge fund market. It says that four different myths are discouraging investments, and indeed that they are promulgated precisely for that purpose. The myths: that the smart money is getting…
It was another day adrift in post-holiday purgatory for U.S. equity markets (everything flat), but there were some notable moves in bonds. As Bloomberg notes, “month-end duration extensions and quarter-end rebalancing flows are moving into focus and appear supportive of long-end Treasuries, especially with the end of the trading week shortened by a SIFMA recommended early…
Video length: 00:06:58 In tonight’s video newsletter update we look at a strategy that can be used in light Holiday trading. Specifically let’s build a trade in AAPL and how we can take advantage of the quick burning premium or theta decay during the next few slow sessions. Watch this video to find out if…
EURUSD: The pair now looks to build up on its bull pressure following its Wednesday higher close. On the upside, resistance comes in at 1.1950 level with a cut through here opening the door for more upside towards the 1.2000 level. Further up, resistance lies at the 1.2050 level where a break will expose the…
Bonds and Bullion are bid and the yield curve crashed as the Santa Claus rally fails to appear for the second day. Video length: 00:00:32 Gold’s gains are S&P’s losses as the two converge for the month of December… For the second day in a row, stocks went nowhere despite the promise of the Santa…
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In today’s blog, we want to again break down an active day in the natural gas market but also take a look at how we used spreads to generate a profitable trade idea for subscribers. First, we note that the January natural gas strip went off the board today with a sizable rally, running right…
