by discobiscuit | Feb 27, 2022 | MARKET COMMENTARY, MARKET POSITIONING, OPINION
02.27.2022 We expect a NEGATIVE open for RISK. The sanctions placed on RUSSIA this weekend are probably going to cause an initial NEGATIVE reaction to RISK in general. The EURUSD is indicating a much lower open, JPY RALLY is also expected. Equities will probably open...
by discobiscuit | Feb 12, 2022 | FRAMEWORK, MARKET POSITIONING
02.12.2022 WEEKLY CHART: Hugging the trend line, this level is massive. We have to pay attention to a possible break and the BIG AIR POCKET below. We will map the possibilities. DAILY CHART: Where is the SUPPORT for the INDEX ? GEO-POLITICAL stress is the x-factor....
by discobiscuit | Feb 11, 2022 | MARKET POSITIONING
02.11.2022 MOST SYSTEMATIC STRATEGIES WILL PILE ON AND SELL AS WELL AS MOMENTUM PICKS UP AND ALGOS ARE TRIGGERED. FRIDAY AFTERNOON WITH A FED LOOMING LARGE IT IS BEST TO STAY ON THE SIDELINES.
by discobiscuit | Jan 3, 2022 | FRAMEWORK, MARKET COMMENTARY, MARKET POSITIONING
01.03.2022 This is the sort of survey we want to see. Positioning is still very much in favor of the USD and that is what we are counting on to see a squeeze in the short term.
by discobiscuit | Dec 30, 2021 | MARKET POSITIONING, OPINION
12.30.2021 THESIS: SNB has been intervening in FX markets and allocating reserves for years. They have been the biggest traders in all markets, FX, CREDIT and EQUITIES, by far. This steady FLOW into CHF could mean that they are UNWINDING a massive amount of their book...
by discobiscuit | Dec 18, 2021 | MARKET POSITIONING, PROCESS
12.18.2021 MONTHLY CHARTS A trend lower. This has been the case since the GFC in 2008-2009. Until then, the thematic story in FX was the twin-deficits in the US. That pivot marks a before and after in the USD trade and the strengthening trend has been in spite of QE...
