Hedge_Of_The_World

Hedge_Of_The_World

He's back baby. If the upper green resistance line breaks, we're going back to 91.50...

Hedge_Of_The_World

Vix back at a 30 handle and looking poised to revisit the recent high of 37. While CTA's potentially cover their shorts after the bond market convexity quake, retail seems to be taking profits, and remain spooked. Lot's of weakness across global markets today. Join us now as we discuss every move on the indexes with our live analysis.

Hedge_Of_The_World

US Markets traded relatively flat in the overnight session, with European and Asian markets getting clobbered. The FTSE 100 was down 1.75%, with CAC 40 seeing a 1% sell-off. The Hang Seng was down by as much as 4%, while Japan's Nikkei 225 saw a 2.7% drop. I think it goes without saying that yields across the globe are rising, particularly on the long end of the...

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Well, well, well. The 10Y yield clipped 1.466% on Thursday morning, after spiking yesterday to 1.39%. As a reminder, according to Nomura, the 1.50% level is a CTA short trigger level, and could have a major negative impact on equity prices if breached. On top of that, we have several investment banks watching the 2% level, where, Morgan Stanley in particular, sees...

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Watch for a potential overnight correction in risk assets tonight or tomorrow off the back of a large spike in yields to 1.50%. Are we finally seeing the catalyst we've been waiting for? God I hope so... Follow the conversation live at www.hedgeoftheworld.com

Hedge_Of_The_World

US markets saw some light chop in the overnight session, with the Dow and S&P trading relatively flat from yesterday's close, and the Nasdaq, and Russell, trading down around 0.30%. The US 10Y yield continued it's rally toward the 100MA (w), with a print of 1.331% before cooling off toward the 1.31% level. The 2s10s spread is now the widest in almost 3 years. As...

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Beware of a potential correction at these overbought levels. We may go higher before we go lower, but with an RSI of 90 on the monthly timeframe, we may be overdue for a multi-week, if not, multi-month correction across the crypto space. Trade with caution...

Hedge_Of_The_World

Back on Dec 1 when we initially discussed the possibility that the bond market was poised for a correction/crash, we didnt anticipate this as a stairs up move with the 10Y on the verge of breaking .90% and approaching the 1% mark. However, the rise since August has been persistent, and we're now approaching the 100MA (w) around 1.34%. When credit markets do break,...

Hedge_Of_The_World

Global markets are simply unstoppable at the moment. According to Zero Hedge, the MSCI World index just saw it's longest winning streak in 17 years, having risen for the past 12 days in a row. Jerry must be dancing naked in front of the mirror every morning without fail. What a clown. The US majors were up around half a percent on Tuesday morning, with the scent...

Hedge_Of_The_World

Global markets continue to march higher, as every last short position in the world of trading is squeezed to death in seemingly coordinated fashion. While large HF's continue to frontrun retail orderflow, they'll continue to know exactly what retail traders are doing at every moment, and how to take full advantage on the way up, and on the way down with their...

Hedge_Of_The_World

After an ugly close yesterday, the US majors are rebounding with the Dow, S&P, and Nasdaq, all up around 0.50%, and the Russell up 0.80% on Wednesday morning. European markets are essentially flat, with Asian markets catching a bid. The Hang Seng was up by as much as 2% at 8:45AM. Consumer Inflation data came in moments ago; CPI came in lower than anticipated at...

Hedge_Of_The_World

Candidate for WTF chart of the day here.

Hedge_Of_The_World

US Futures drifted lower overnight, after seeing new all-time high's, with the S&P, Dow, and Nasdaq all down around 0.15%. European and Asian markets traded mixed, with the DAX and IBEX 35 (Spain) getting hit the hardest, and down around 0.50%, and 1.10% respectively. With mega tech struggling to see gains in the previous couple sessions, we may be seeing signs of...

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Futures are trading higher on Monday morning (at new ATH's again), to kick off the second week of February. The S&P tagged a 3900 handle with the democrats $1.9 Trillion dollar stimulus proposal back in focus. We've been discussing stimulus for quite some time now, and it seems the most effective stimulus is the one that never comes, just like the best trade deal...

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Markets have been on an absolute tear this week, and as we kick off the final day of trade for the week, it's important to reflect on what we just witnessed, especialy given last weeks (long awaited) bearish price action. We saw a massive rally this week fueled by stupidity, greed, and fraud, and I'm not convinced we're seeig natural price action off the back of...

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Hey guys, sorry I missed you yesterday, I had a busy day of meetings and was away from my desk. Let's get right into it this morning. US Futures are struggling to hold on to the (weak) overnight gains, which saw the majors bounce between quarter and half a percentage point as of 8:30AM. We saw jobless claims come in hot at 779k claims, but better than the 825k...

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I'm away from my desk today guys, as I have a few meetings, but I wanted to share an idea nevertheless. The rocket ship appears to be running out of fuel around the gamma neutral zone (383), and the top of the white channel, where we saw 5 houly rejections in a row yesterday afternoon. AMZN and GOOG beat on earnings after the market close yesterday, and yet,...

Hedge_Of_The_World

The rocket ship appears to be running out of fuel around the gamma neutral zone (3830). We saw a retest of the longterm support-turned-resistance (green ascending trendline), and are setting up for a rejection. AMZN and GOOG beat on earnings after the market close yesterday, and yet, futures are relatively flat this morning. Will we finally see a (notable)...