It’s self-evident that we cannot possibly understand trade, soaring corporate profits, Facebook’s data collection or the economy without understanding the core role played by Big Data in reaping outsized profits and pushing narratives. Let’s connect the dots between these two comments from longtime correspondents: the first is on the model of collecting and selling data (Big…
Take a look at three trading ideas to prep you for the next trading session. Long Wayfair (W) Long Shake Shack (SHAK) Short Royal Caribbean Cruises (RCL)
As the markets head into the final week for the month of April, the economic calendar continues to steam ahead with lot of economic releases. Central bank meetings take the spotlight this week with both the European Central Bank and the Bank of Japan lined up. No changes are expected from either of the central…
CTAs and quantitative funds are just starting to recover from the historic drubbing they endured during the February “volocaust” when stocks and bonds fell simultaneously in defiance of the funds’ carefully calibrated assumptions about asset-price correlations. And with speculative traders still struggling to fill the void left by the death of XIV (and many desperate to…
The latest results from the weekly surveys on Twitter showed some very interesting trends in investor sentiment towards both the bond market and the stock market. Below we look at some key charts from the survey as well as some data on fund flows and futures positioning and we discuss the possibility of another stock + bond…
After rallies that lasted a little over two weeks, selling began on major US equity indices last week right at important resistance. This likely continues near term. US capacity utilization in March rose 0.4 percent month-over-month and 3.3 percent year-over-year to 78 percent. In the current cycle, utilization peaked before reaching 80 at 79.6 percent…
Despite an inflation spike in Canada, Bank of Canada Governor Stephen Poloz says “Rate hikes Aren’t Mechanical.” Bloomberg reports Poloz Says Canadian Inflation Spike Doesn’t Violate 2% Target. Bank of Canada Governor Stephen Poloz said he’s not worried about inflation temporarily rising above the 2 percent target this year, and the acceleration by itself isn’t sufficient…
It was an interesting week in the precious metals complex. There appeared to be the start of a short squeeze in Silver (hedge funds were heavily short) but it ceased at important resistance. Meanwhile, Gold closed the week on a weak note, losing $1340-$1350. The gold stocks, like Silver closed the week below technical resistance….
Asian share markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.3% while the Hang Seng is down 0.2%. The Shanghai Composite is trading down by 0.1%. US stocks dropped on Friday as a decline in Apple pushed the technology sector lower. A rise in interest rates also kept a lid on equities….
The 10% Solution Last week, I asked you to think back to last October. Let’s try that exercise again, with slightly different parameters. Imagine you or someone you know had $100,000 to put to work, but was risk averse. In a worst-case scenario, such as a major market correction, they were unwilling to risk a…
