Senior Equity Derivatives Trader

Simon Harris

Event-Driven

<ul>
<li>All eyes are on inflation data this week with CPI due out on Thursday</li>
<li>Shorts in tech have been working but could be looking to take profits after big gains last week</li>
<li>Use options for a cheap play on NDX outperformance over SPX</li>
</ul>


All eyes are on inflation data this week with CPI due out on Thursday
Shorts in tech have been working but could be looking to take profits after big gains last week
Use options for a cheap play on NDX outperformance over SPX


EQD | SPX Vs NDX : Could CPI Spark a Reversal of Tech Performance Versus the Broader Market?

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

<ul>
<li>RTY long is falling short of our 1,850 PT. SPX met the 3,820/40 tactical top target outlined last week (rally from SPX 3,700). A C-wave decline is expected to 3,650.</li>
<li>DXY near support while yield remains elevated is at odds. DXY rally due from 110/109.50 and if yield push higher will see equities buckle.</li>
<li>NDX is the U/P short to add back to below 11,300. SPX long support zone rests at 3,650/20 with 3,600 the critical pivot to spur a fresh rise.</li>
</ul>


RTY long is falling short of our 1,850 PT. SPX met the 3,820/40 tactical top target outlined last week (rally from SPX 3,700). A C-wave decline is expected to 3,650.
DXY near support while yield remains elevated is at odds. DXY rally due from 110/109.50 and if yield push higher will see equities buckle.
NDX is the U/P short to add back to below 11,300. SPX long support zone rests at 3,650/20 with 3,600 the critical pivot to spur a fresh rise.


Founder, Market Thinker

Mark Tinker

Founder

Market Thinker

Mark Tinker has over 35 years experience as an investor, market strategist and economist. Having spent more than 20 years as a sell side strategist and being top rated on numerous occasions and surveys he moved to investment management in 2006 to run global equity portfolios in London and subsequently moved to Hong Kong in 2013 to help establish an Investment Management business for a top 20 international asset manager. He first started writing investment weeklies for his employers in 1989, developing a style characterised under the title Market Thinking and has been a regular commentator and presenter on CNBC, Bloomberg and other business channels, where his approach of rationalising market behaviour rather than making short term predictions on high frequency market data provides a welcome balance to his client audience.

Making Sense of the Narrative

Macroeconomics

<ul><li>Our confidence indicators are showing some small positives again. This is not of course the first time this year, we have had previous tentative steps to move our model portfolios away from their dominant cash position, but they have proved to be merely bear squeezes, false signals only to be met with selling into the rally.</li><li>Our indicators are multi facetted, but one short-cut way to express this market behaviour visually is to look at the Bloomberg Fear and Greed Index for the S&amp;P 500.</li><li>This is a technical index known as an oscillator and is designed to try and capture which directional movement is more ‘powerful’ at any point.</li></ul>

Our confidence indicators are showing some small positives again. This is not of course the first time this year, we have had previous tentative steps to move our model portfolios away from their dominant cash position, but they have proved to be merely bear squeezes, false signals only to be met with selling into the rally.Our indicators are multi facetted, but one short-cut way to express this market behaviour visually is to look at the Bloomberg Fear and Greed Index for the S&amp;P 500.This is a technical index known as an oscillator and is designed to try and capture which directional movement is more ‘powerful’ at any point.

Data-Driven Commodity Research, The Commodity Report

The Commodity Report

Data-Driven Commodity Research

A unique newsletter about commodities and macro analysis in a weekly format.

Commodities

<ul><li>Manufacturing Sentiment in the US continues to decline. US manufacturing neared stagnation in October as orders contracted for the fourth time in five months, while an index of prices paid fell to a more than two-year low.</li><li>As most commodity groups are heavily correlated with the ISM data, this will provide significant headwinds over the next six months or so, according to our leading indicators.</li><li>By now, there is quite a divergence in industrial production in general. We expect industrial production to crash over the next few months, which will continue to be a nasty factor for commodity demand.</li></ul>

Manufacturing Sentiment in the US continues to decline. US manufacturing neared stagnation in October as orders contracted for the fourth time in five months, while an index of prices paid fell to a more than two-year low.As most commodity groups are heavily correlated with the ISM data, this will provide significant headwinds over the next six months or so, according to our leading indicators.By now, there is quite a divergence in industrial production in general. We expect industrial production to crash over the next few months, which will continue to be a nasty factor for commodity demand.

<ul>
<li>Weekly summary of vol changes and moves across Global Markets</li>
<li>Analysing ATM volatility and skew changes over the last 5 days</li>
<li>We suggest a few trades to take advantage of the implied vol surfaces</li>
</ul>


Weekly summary of vol changes and moves across Global Markets
Analysing ATM volatility and skew changes over the last 5 days
We suggest a few trades to take advantage of the implied vol surfaces


EQD | Volatility Update: Weekly Review of Vol Changes and Best Trades

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)

EQD | SPX Vs NDX : Could CPI Spark a Reversal of Tech Performance Versus the Broader Market?

We look at a cheap options play on a tech rally post the US CPI this week. Given recent weakness in the Nasdaq and current positioning, we see...

Simon Harris

SPX Meeting Tactical Top Target

RTY long is falling short of our 1,850 PT. SPX met the 3,820/40 tactical top target outlined last week (rally from SPX 3,700). A C-wave decline is...

Thomas Schroeder

November Market Thinking

Our indicators are multi facetted, but one short-cut way to express this market behaviour visually is to look at the Bloomberg Fear and Greed Index...

Mark Tinker

The Commodity Report #76

As most commodity groups are heavily correlated with the ISM data, this will provide significant headwinds over the next six months or so,...

The Commodity Report

EQD | Volatility Update: Weekly Review of Vol Changes and Best Trades

Weekly look at volatility changes across 8 global indices. We look to identify the best trades based on spot and vol surface.

Simon Harris