by
prestonni
on
Sep 10, 2015 •
Another great report from the Swiss team here below. Its very tricky to plot the anatomy of the forthcoming ending of the bull market and the various twists and turns of a hard correction. Nonetheless it seems the team are doing a good job of doing just that. Volatility is continuing with the Nikkie moving...
by
prestonni
on
Sep 3, 2015 •
The highlights for me from last week’s bear attach was the short sharp explosion in volatility together with a short term liquidity drain from the market. The most notable other issue was the euro carry trade de-lever which spiked up the euro even as markets fell. Commodities generally fell as US$ also fell. To me...
by
prestonni
on
Aug 26, 2015 •
Volatility across asset markets, but particularly global stock markets, leaped out of their collective skins this week. Across sectors and global indexes, across asset markets order books gaped and that’s significant in terms of leverage. There has to be a bid on the order book for leverage to ever be considered. So watch this issue....
by
prestonni
on
Aug 12, 2015 •
Guys the latest report below. Im in sync with the Swiss guys comments here below. I’m not aggressively short yet on any indexes although i do strongly suspect euro indexes have already seen their high water marks for the year. Sp500 im not so sure but the failure is extremely like to come on this...
by
prestonni
on
Aug 4, 2015 •
Last week the Swiss team took a well deserved holiday. Many market report teams are holiday so please keep this in mind. First up here the latest from the guys. wklytech-4-8-15 The level of bearishness in the market is at such an elevated level its hard to go short using technical history as a guide,...
by
prestonni
on
Jul 21, 2015 •
Guys Ive just received this and I realize many here are market timing these asset markets on the short term. I post this up in a timely manner here so as to not delay participants getting this perspective. Asset markets are getting interesting here is my immediate comment. I have a great deal of reports...
by
prestonni
on
Jul 8, 2015 •
Volatility rising and widening across asset classes internationally now. Its all part of the normal historic trend of rising volatility pre a trend change, imo. I wouldn’t go aggressively short yet but it was correct to move to a high cash level as of a month or so ago. Here a few updates: Firstly GS:...
by
prestonni
on
Jun 30, 2015 •
We are in the final stages of this 6 year bull market. Europe appears to have already set her highs. World indexes also appear to have topped out. The wild card is the US where the Fed continues to talk rising rates and pipeline ever improving data. The US$ is at her supports and on...
by
prestonni
on
Jun 17, 2015 •
Here below the latest update from the Swiss team and others: Wklytech-`6-6-15 And here Fitzpatrick: cb-tech-12-6-15 And here the stock tech analysis care of Ub.. ub-tech2-15-6-15 More to come Rich
by
prestonni
on
Jun 10, 2015 •
The bond markets are continuing to drive this weakness in risk asset markets here. Volatility is rising considerably across bond and equity markets though particularly in non US markets. The Sp500 and other US indexes still show as many technical signs of a continuation as opposed to any trend change move, for now. European markets...
by
prestonni
on
Jun 4, 2015 •
FX markets are once again the scene of extreme volatility which is feeding negatively into European stock prices. We have many cross winds here from technical non confirmations of the recent highs to currency confusion and increasing bond volatility. Ftse100 has dropped below her multi month uptrend line support which is a bearish and needs...
by
prestonni
on
May 28, 2015 •
Contrary to what many market pundits have been writing this bull market lives on and is moving higher, for now. There are all sorts of technical and fundamental issues with these new highs but we are paid on price and price is showing that another leg albeit on low momentum is in progress here. I...