by
prestonni
on
Aug 20, 2015 •
Guys, i’m traveling at present but here in any case the latest reports. Comments in the next few days. Here the Swiss Team: wkly-tech-18-8-15 And here GS gs-wklytech-15-8-15 And here Fitzpatrick: cb-wktlytech-15-8-15 And here CS: cs-wklytech-15-8-15 And here RBC tech: tbc-wklytech-17-8-15 And here MS on fx: ms-fxtech-18-8-15 And here RBC macro rbc-macro-18-5-15 We are very...
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 16, 2015 •
This post will be updated tomorrow. I believe the guys are spot on that this there are clear technical signals that this is building into a decent technical correction later in the summer. There fore that this price “bounce” is the perfect long portfolio selling opportunity. Here the Swiss team’s latest report: wklytech-15-7-15# More tomorrow.....
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...
by
prestonni
on
May 20, 2015 •
Euro asset markets have bounced off some key technical levels (especially euro equity indexes) which has been important to at least halt this recent weakness. US indexes like the dow and sp500 have made new record highs, albeit with low momentum thus far. Technical issues remain of course like breath divergences as well as lead...