Aust economy seems to be doing well despite Russian invasion causing supply problems in Natgas & wheat.
Aust is rich in natural resources. So maybe EWA is also a good hedge against FED increasing interest rates to control rising inflation. (I hope it is not too late because the 2yr-10yr yield is very near zero. The short term rates rose tremendously in the last...
As you can recall in the link below, I have been looooong Australia for a looooooong time.
Last time Australia had a recession pre-covid was 1990. This is their first recession in 30 years, and is exactly the time to build up your dividend dedicated strategy play here.
I have made suggestion on may fund strategies ranging from delta neutral option making IC...
... for a 1.41 credit total.
Notes: This isn't paying much from a credit standpoint and isn't the most liquid thing in the world, but wouldn't mind acquiring shares. Currently a 6.20% yield.
Anticipate more upside. This is a view that is correlated with the long side of gold, short side of USD/JPY, long side of bond price. It is betting against the trumpflation.
My thoughts here is a continuation from the last months cool down from the trumpflation.
The trend is now up, and we have a weekly 'Time at mode' signal pointing to 22.59 as the target.
Risk is a drop under 19.37. You can buy dips, or speculate on copper, or on FXA or AUDUSD as well.
Steel/Iron ore is also looking great, which makes this a sure buy.
Shares of X or STLD would be a nice buy as well.
Good luck,
Ivan Labrie.
Big/small caps ratio rejected again at the same supply zone - 1,27 fib not shown - for third time during the last 9 months. Might provide a second short entry around 50% of the pin bar, might not. A second entry, for those missed the pin, will be at the break down of doji. I would love ratio to be the other round, but it's not, and that provides a danger zone for...
NYSE Arca
