by
prestonni
on
Oct 12, 2013 •
Commerz-Wklytech-Multimarket-10-10-13 Where they site technical weakness which has subsequently reversed read as technical strength and momentum! “From failed moves come fast moves” will pay you handsomely over the years. All the best Rich
by
prestonni
on
Oct 9, 2013 •
The Swiss team’s technical report was released just as the price action was passing their key levels kicking off hedging actions for protection of longs. SOX, CYC consumer discretionary, OSX, Nasdaq Composite and the Russell-2000 have all broken last week’s pivotal reaction low. Of note the Russell really fell out of bed today as did...
by
prestonni
on
Oct 7, 2013 •
(The following report is available as a downloadable PDF here: UK-Oct07-13 ) This past weekend, US and Swiss investment teams have made the case that the UK’s current mono line cyclical boom could be a structural revival. In recent years I have advocated investing for the UK’s cyclical boombut I have always maintained there...
by
prestonni
on
Oct 6, 2013 •
Some good FX charts and trade comments recommendations from the French team. SG-FX-Wklytech-02-10-13 I continue to participate in the eurgbp pair. Its been long running one for me and i faded the recent two day strength into the closes of both sessions, thurs,frid. Near term participants have been wrong footed but nothing has changed in...
by
prestonni
on
Oct 6, 2013 •
As a general comment, the main US equity market indexes appear to be in a giant distribution since May. Higher highs have been achieved but at the cost of weaker and weaker technicals. Its not a hugely positive market in spite of higher prices being achieved. Europe has more momentum and price support for the...
by
prestonni
on
Oct 1, 2013 •
The Swiss team are sticking to their view that this is all part of the price distribution that marks out a top building period for the US indexes. The recent break of 1709 on the sp500 as well as the euro index strength were game changes for them and hence they have extended their call...
by
prestonni
on
Sep 27, 2013 •
Hot off the presses, a very useful walk through and forecast of the major global economies and issues in play, feeding directly into asset allocations and instrument selection. A very good weekend read. Lots of risks to the forecast as they outline. Revision downward for 2013 growth to 3% but some optimism for 2014, albeit...
by
prestonni
on
Sep 25, 2013 •
Here below the Swiss team’s latest Technical report. Apologies, I’m traveling once again putting the final touches to various new investments. Analysis to follow as an update, many reports on the vip members area. Here the usual weekly tech report: WklyTech-24-09-13 The best to all Rich
by
prestonni
on
Sep 18, 2013 •
The Swiss team’s report listed below. World markets are continuing to show remarkable resilience in spite of all the indicators pointing to likely price weakness and even a correction. The team have pushed out their deeper correction timeline to Q1 2014 now given the likely higher high by the s&p500. Near term, they are now...
by
prestonni
on
Sep 11, 2013 •
Here below the Swiss team’s excellent technical round up of the major markets across the world. I’m personally traveling and researching a specific property investment project so its hard for me to comment more meaningfully other than the long portfolio is running and this persistently warm tail wind to wealth is a wonderful thing and...
by
prestonni
on
Sep 5, 2013 •
September is usually associated with providing direction in the markets after the long summer months of chop and churn which is designed to confuse participants on where next. The macro theme since May of this year has been rising rates globally albeit from super low historic levels. Rates have risen quickly with today seeing the...
by
prestonni
on
Sep 2, 2013 •
We have labor day holidays across US markets today which marks the official ending of the usual summer malaise in market volume. Sept is seasonally a volatile month and more often than not to the downside. Having said that August was a bad month for bond prices as rates marched higher across sovereign and consumer...