Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Founder & Chief Market Strategist - SAV Markets

Provide Comprehensive Analysis & Commentary

SAV Markets

SAV Markets aims to provide comprehensive analysis & commentary on foreign exchange and asset markets. The approach is multi asset as markets are typically interlinked. Cause and effect are always at work, even if those effects take time to manifest. As nothing is permanent we strive to get ahead of the curve in an ever changing world.

Technical Analysis

Chicago Board Options Exchange Volatility Index / Technical Analysis

Chicago Board Options Exchange Volatility Index

<ul>
<li>The bullish breakout on the VIX Index looks similar to January</li>
<li>Further gains are expected, probably this week and as we enter May</li>
<li>As a consequence expect continued losses on the S&amp;P 500</li>
</ul>


The bullish breakout on the VIX Index looks similar to January
Further gains are expected, probably this week and as we enter May
As a consequence expect continued losses on the S&amp;P 500


Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

<ul>
<li>SPX closing on Friday's lows after an impulsive drop sets a more bearish tone for an undershoot barring an impressive recovery.</li>
<li>The undertone of the market shifted on Friday as <strong>defensive sectors took a hit</strong>. If this continues it would induce a broader market sell off (bigger breakdown).</li>
<li>Russell 2000 1,900 is the level to watch to lead a harder US cycle decline followed by NDX 13k dual lows. Cycle inflection timeline.</li>
</ul>


SPX closing on Friday's lows after an impulsive drop sets a more bearish tone for an undershoot barring an impressive recovery.
The undertone of the market shifted on Friday as defensive sectors took a hit. If this continues it would induce a broader market sell off (bigger breakdown).
Russell 2000 1,900 is the level to watch to lead a harder US cycle decline followed by NDX 13k dual lows. Cycle inflection timeline.


SPX Hard Close as Defensives Begin to Bend

House of Market Insights, Market Radar

Market Radar

House of Market Insights

Quick market updates and lot of ideas for your investments from a multi-asset portfolio manager working for a family office.

Quick Market Updates

Macroeconomics

<ul><li>The rebound in the second half of March it has already been forgotten by the market. The principal equity indices are going down again, and the bond yields have reached very high level.</li><li>BofA: the long Treasury Trade - Recently the Bank of America strategist team posted a note in which they suggest to go long on U.S. Treasury.</li><li>Earnings: the moment of truth?  - In the last few weeks there have been a lot of earnings revisions, mostly to the down side.</li></ul>

The rebound in the second half of March it has already been forgotten by the market. The principal equity indices are going down again, and the bond yields have reached very high level.BofA: the long Treasury Trade - Recently the Bank of America strategist team posted a note in which they suggest to go long on U.S. Treasury.Earnings: the moment of truth?  - In the last few weeks there have been a lot of earnings revisions, mostly to the down side.

Nasdaq-100 Stock Index / Technical Analysis

<ul>
<li>NDX has been a top US short from 15,200  but we are nearing our 13,600/500 downside target where we want to reduce short exposure.</li>
<li>Near NDX sell resistance resides at 14,400 and 14,700. Our macro view for April remains to sell rally attempts.</li>
<li>For now, the NDX decline is starting to look stretched as the SPX nears minor support at 4,340/20 where we look to trade a bounce sequence.</li>
</ul>


NDX has been a top US short from 15,200  but we are nearing our 13,600/500 downside target where we want to reduce short exposure.
Near NDX sell resistance resides at 14,400 and 14,700. Our macro view for April remains to sell rally attempts.
For now, the NDX decline is starting to look stretched as the SPX nears minor support at 4,340/20 where we look to trade a bounce sequence.


Cross Asset Strategy

<ul>
<li>Oil has posted clear weekly reversals and has a bullish setup that indicates significant gains</li>
<li>Expect a rally to, and through, the highs seen in March this year</li>
<li>This is likely to have negative implications for other financial markets including equities. Trade ideas included at the end</li>
</ul>


Oil has posted clear weekly reversals and has a bullish setup that indicates significant gains
Expect a rally to, and through, the highs seen in March this year
This is likely to have negative implications for other financial markets including equities. Trade ideas included at the end


United States

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities and serves as the foundation for a wide range of investment products. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

S&P 500 INDEX (SPX INDEX)

VIX Index on the Move

Further gains on the VIX Index after the breakout on Friday warrants serious concern for the S&P 500 in the near term. Further stock market...

Shyam Devani

SPX Hard Close as Defensives Begin to Bend

SPX closing on Friday's lows after an impulsive drop sets a more bearish tone for an undershoot barring an impressive recovery.

Thomas Schroeder

Earnings: are positive surprises over?

The rebound in the second half of March it has already been forgotten by the market. The principal equity indices are going down again, and the...

Market Radar

NDX Support to Reduce Short

NDX has been a top US short from 15,200 but we are nearing our 13,600/500 downside target where we want to reduce short exposure.

Thomas Schroeder

The Crude Reality

The price action on Oil as well as the setup strongly suggest renewed concerns about higher energy prices. This is likely to impact other financial...

Shyam Devani