Whatever happened to that whole “reflation” trade theme that everyone seemed to be talking about a year ago? Well, judging by some of the charts in this blog, it looks like the reflation theme is still very much well and alive, with traders displaying extreme confidence in the reflationary outlook. It also seems as though…
Monday’s swing-trades: Take a look at three trading ideas to prep you for the next trading session. Long Cisco (CSCO) Long Oasis Petroleum (OAS) Short Continental Resources (CLR)
USD/CAD moved sideways in a trading range between 1.2803 and 1.2917. The price action in the range is likely consolidation for the uptrend from 1.2526. As long as 1.2803 support holds, the uptrend could be expected to resume and further rise to 1.3100 area is still possible after the consolidation. On the downside, a breakdown…
After opening the day on a positive note, stock markets in India have continued their momentum. Sectoral indices are trading on a positive note with stocks in the consumer durables sector and metal sector witnessing maximum buying interest. The BSE Sensex is trading up 131 points (up 0.4%) and the NSE Nifty is trading up 46 points (up 0.4%). The BSE Mid Cap index is trading up…
I’ve been building more quantitative trading models recently. I know that some hedge funds calculate the stock market’s “fair value” and then trade around that fair value. For the record, this is not what I do with the Medium-Long Term Model. This “fair value” is usually “the stock market’s average P/E ratio during certain market environments”….
We share the details of our valuation of Alphabet on an Earnings Power Value basis, apply the IW Box framework, and reiterate our view that the investment opportunity is compelling. We estimate Alphabet’s earnings power yield (5.5% without Other Bets) and advance it as “the Google hurdle”, or the opportunity cost for tech investments with…
Oil prices surpassed their three-year highs on Monday as supplies remained tight and traders waited for news regarding the possibility of fresh U.S. sanctions against Iran. U.S. President Donald Trump has set this coming Saturday, May 12, as the date by which European nations must fix their deal with Iran over its nuclear program. If…
In this week’s Commitments of Traders Report, speculators continue to sell positions inversely correlated to the US dollar. As a proportion of total interest, the most meaningful declines this week were in the Swiss franc, British pound, and gold net positions. Other assets such as the euro, Canadian dollar, Australian dollar and crude oil also…
THE MONOPOLIZATION OF AMERICA: The Biggest Economic Problem You’re Hearing Almost Nothing About Not long ago I visited some farmers in Missouri whose profits are disappearing. Why? Monsanto alone owns the key genetic traits to more than 90 percent of the soybeans planted by farmers in the United States, and 80 percent of the corn….
AUD/USD remains in the downtrend from 0.7813, the bounce from 0.7472 is likely consolidation for the downtrend. Range treading between 0.7472 and 0.7590 would likely be seen in a couple of days. As long as 0.7590 resistance holds, the downtrend could be expected to resume and another fall towards 0.7300 is possible after the consolidation….
