Futures & FX

Emerging Money Daily Audi0 Call February 22

Emerging Money Daily Audi0 Call February 22 - More sentiment readings for market skeptics to highlight as indicating overbought markets that are ripe for at least a correction. 
We continue to remind investors of the cross currents of synchronized global growth dynamics weighted against...

SPX flashing “overbot” on the charts

As the SPX rallies to a fresh record today on better macro globally and a continuation of a cyclically rally that is encouraging higher rates, technicals are saying be cautious with the extreme level of optimism. 
A look back on the SPX over 10 years illustrates we have not been this high on a...

Emerging Money Daily Audio Call February 21

As global markets rally higher on Tuesday, we focus on the improving macro and how this is supporting expectations of policy change. 
Europe continues to be a bright spot strong composite PMI data  joined yesterday’s inflation readings that were bullish in their strength.  We are growing...

SPX flashing “overbot” on the charts

As the SPX rallies to a fresh record today on better macro globally and a continuation of a cyclically rally that is encouraging higher rates, technicals are saying be cautious with the extreme level of optimism. 
A look back on the SPX over 10 years illustrates we have not been this high on a...

Emerging Money Daily Audio Call February 17

Emerging Money Daily Audio Call February 17 - On the call today we recap an extraordinary week for equities as headline indices moved to fresh records and the performance of sub-components was even more impressive if looking at Financials, Transports, and even Retail showed some resilience....

Emerging Money Daily Audio Call February 16

Emerging Money Daily Audio Call February 16 - As we look back on today's trading action we focus on the move in the Dollar and the pause in the bank rally.
The Greenback continues to struggle making a move to the next level despite still very long positioning.
We believe the Dollar will...

Emerging Money Daily Audio Call February 14

Emerging Money Daily Audio Call February 14  - On the call we take you through the key points of the Yellen testimony this morning which did indeed inspire bond yields.  Plenty of ammunition for a  March hike…listen in.
EM failing again at a key resistance level or just a pause that...

Emerging Money Daily Audio Call February 13

Emerging Money Daily Audio Call February 13 - On the call we set up the week ahead which features Yellen’s two day testimony. 
Markets are pricing in higher volatility and slightly higher rates but the “2006 rally” rages on.
Dramatic reversals for Brazil, Chinese internet stocks, and even...

Emerging Money Daily Audio Call February 10

Emerging Money Daily Audio Call February 10 - As we close another week where price action sees only the expectation of change and not the reality of it.
We have to consider the VIX was over 30 one year ago on a more benign backdrop ( or so it appears now).
Macro around the world this week was...