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. 

Technical Analysis

Over recent weeks we have noted a further deterioration of US breadth/internals on the back of a weaker tech and overall leadership shifting as defensive pick up some of the slack and small caps have done most of the heavy lifting breadth wise. We now see deeper cracks in stocks trading above their 50 day and 200 day moving averages (dma) which means more stocks are entering a bear trend if they continue to trade below their 200 dma.Here we look at NYSE new highs, advance/decline line and stocks…

Over recent weeks we have noted a further deterioration of US breadth/internals on the back of a weaker tech and overall leadership shifting as defensive pick up some of the slack and small caps have done most of the heavy lifting breadth wise. We now see deeper cracks in stocks trading above their 50 day and 200 day moving averages (dma) which means more stocks are entering a bear trend if they continue to trade below their 200 dma.Here we look at NYSE new highs, advance/decline line and stocks…

Amareos

Ryan Shea

Thematic (Sector/Industry)

Trade wars are back in vogue.President Trump has threatened to retaliate to the Chinese retaliation to his decision to sign off on aluminium and steel tariffs on March 8th. The accelerated pace by which the US and China are announcing these unilateral measures (not to mention the increase in the numbers involved – “I see your USD 50bn, and raise you USD 100bn”) means the escalation of tension between the two economic superpowers is palpable.Investors think they have seen this playbook before -…

Trade wars are back in vogue.President Trump has threatened to retaliate to the Chinese retaliation to his decision to sign off on aluminium and steel tariffs on March 8th. The accelerated pace by which the US and China are announcing these unilateral measures (not to mention the increase in the numbers involved – “I see your USD 50bn, and raise you USD 100bn”) means the escalation of tension between the two economic superpowers is palpable.Investors think they have seen this playbook before -…

The Market Sentimentalist - Jaw-Jaw Or War-War?

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

The S&amp;P 500 has been testing its 200-day moving average throughout last week and again on Monday. The Index closed 0.3% below the moving average yesterday, which is anything but a decisive break. Therefore, we continue to watch the 200-day moving average and the S&amp;P’s intraday low of 2,532.69 hit on 2/9/18 as critical support levels. Our chief concern and potential harbinger of further weakness is deteriorating breadth and the percentage of S&amp;P 500 stocks above their 200-day moving average which hit a new low on Monday.Today's report focuses on the health of the U.S. equity markets, by examining several internal indicators.  We also provide an appraisal of the FAANG stocks, and an analysis of the state of our 12 Sectors.

The S&amp;P 500 has been testing its 200-day moving average throughout last week and again on Monday. The Index closed 0.3% below the moving average yesterday, which is anything but a decisive break. Therefore, we continue to watch the 200-day moving average and the S&amp;P’s intraday low of 2,532.69 hit on 2/9/18 as critical support levels. Our chief concern and potential harbinger of further weakness is deteriorating breadth and the percentage of S&amp;P 500 stocks above their 200-day moving average which hit a new low on Monday.Today's report focuses on the health of the U.S. equity markets, by examining several internal indicators.  We also provide an appraisal of the FAANG stocks, and an analysis of the state of our 12 Sectors.

U. S. Equity Strategy: Internals Remain Weak

<figure class="editor-figure mceNonEditable"><img class="editor-image img-responsive" src="https://static-prod.smartkarma.com/images/media/000/048/809/original/CP%20header.jpg?1522726555" data-smartkarma-image-id="48809"></figure>S&amp;P roll points<div style="text-align: left;">Our base case from S&amp;P 2,800 revolved around a C wave decline to break the early February lows with a pivot level at S&amp;P 2,590. We outline our matrix variables from the near term bull bond pattern to the VIX bull wedge that supports further weakness in the S&amp;P along with S&amp;P and DJI fresh pivot support breaks and the near term fade resistance to pay close attention to</div><div style="text-align: left;">Re breaking below 2,526 pivot was the trigger to add back to short exposure. We opted to add to our NDX short.</div><div style="text-align: left;">
<figure class="editor-figure mceNonEditable"><img class="editor-image img-responsive" src="https://static-prod.smartkarma.com/images/media/000/048/810/original/SPX%20D%20HOURLY%20NEW%20FOR%20SK.png?1522726597" data-smartkarma-image-id="48810"></figure>S&amp;P -…
</div>

S&amp;P roll pointsOur base case from S&amp;P 2,800 revolved around a C wave decline to break the early February lows with a pivot level at S&amp;P 2,590. We outline our matrix variables from the near term bull bond pattern to the VIX bull wedge that supports further weakness in the S&amp;P along with S&amp;P and DJI fresh pivot support breaks and the near term fade resistance to pay close attention toRe breaking below 2,526 pivot was the trigger to add back to short exposure. We opted to add to our NDX short.
S&amp;P -…


Managing Director, MTS Research

Peter Beuttell

Managing Director

MTS Research

MTS Research Limited is an independent investment research company specialising in technical analysis. 

MTS Research provides technical analysis services in the form of regular publications and consultancy advice, catering for a number of different investment approaches from absolute or relative returns to long-only and long/short.  The company has a global client base of blue-chip financial institutions ranging in size and stretching from Los Angeles to Tokyo, via New York, London, Frankfurt and Hong Kong.  

MTS was founded in 1989 at the request of Morgan Grenfell Investment Services Limited (MGIS), the ERISA arm of Morgan Grenfell Asset Management (subsequently Deutsche Asset Management), by Peter Beuttell, a Portfolio Manager at MGIS between 1987 and 1989. 

Peter is a qualified Chartered Accountant and self-taught market technician with over 30 years experience.  At MGIS, Peter managed money in European, Australasian and Far East markets for US clients, such as American Airlines and American Petrofina.  He achieved first quartile perfomance on their behalf by blending fundamental and technical analysis in his investment decision-making.  

After an initial focus on the EAFE markets (Europe, Australasia and Far East), the company has recently expanded its coverage to include the Americas, thanks to the recently-completed two-year Knowledge Transfer Partnership with the University of Plymouth.  The resulting software – the Technical Overlay Program (TOP) – allows fund managers to access an immediate Technical view on any market, sector, stock, bond yield, currency or commodity within their selected universe.

MTS Research consists of a team of five based in Penzance and London. 

The markets’ response to the February sell-off has been poor, producing in many cases what looks like a bear market rally.  Europe in particular contains a number of toppy patterns, which have begun to break downwards, and the sharp drop in the FANG stocks could also be part of top-building.  We came into 2018 looking for the end of the post-2009 bull market, and a number of indices are signalling just that.

The markets’ response to the February sell-off has been poor, producing in many cases what looks like a bear market rally.  Europe in particular contains a number of toppy patterns, which have begun to break downwards, and the sharp drop in the FANG stocks could also be part of top-building.  We came into 2018 looking for the end of the post-2009 bull market, and a number of indices are signalling just that.

S&P 500: A Dozen Reasons for Not Being Too Complacent Here

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)

US Equity Weak Internals

Over recent weeks we have noted a further deterioration of US breadth/internals on the back of a weaker tech and overall leadership shifting as...

Thomas Schroeder

The Market Sentimentalist - Jaw-Jaw Or War-War?

Trade wars are back in vogue.President Trump has threatened to retaliate to the Chinese retaliation to his decision to sign off on aluminium and...

Amareos

U. S. Equity Strategy: Internals Remain Weak

The S&P 500 has been testing its 200-day moving average throughout last week and again on Monday. The Index closed 0.3% below the moving...

Vermilion Research

S&P Trap Door Support Break

S&P roll pointsOur base case from S&P 2,800 revolved around a C wave decline to break the early February lows with a pivot level at S&P...

Thomas Schroeder

S&P 500: A Dozen Reasons for Not Being Too Complacent Here

The markets’ response to the February sell-off has been poor, producing in many cases what looks like a bear market rally. Europe in particular...

Peter Beuttell