Senior Equity Derivatives Trader

Simon Harris

Event-Driven

<ul>
<li>Chinese equity vol has been high over the last few months with extreme market moves on a number of headlines but is starting to calm down</li>
<li>US equity volatility continues to screen cheap despite calls for a challenging year and likely recession</li>
<li>We consider 2 relative vol trades to play a narrowing of the spread</li>
</ul>


Chinese equity vol has been high over the last few months with extreme market moves on a number of headlines but is starting to calm down
US equity volatility continues to screen cheap despite calls for a challenging year and likely recession
We consider 2 relative vol trades to play a narrowing of the spread


EQD | HSI Index Vs SPX Index: Sell Chinese Equity Vol to Buy US Equity Vol

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.

Technical Analysis

<ul>
<li>We currently see the market indexes as consolidating within broad horizontal trading ranges, and we expect these ranges to continue for months, and quite possibly for the entirety of 2023.</li>
<li>We see the top-end of the range at 4100-4165 on the S&amp;P 500, while the bottom-end is at the 2022 lows (3490).</li>
<li>With yesterday's break above 3910 it tells us a tradable rally has begun, with 4100-4165 our target</li>
</ul>


We currently see the market indexes as consolidating within broad horizontal trading ranges, and we expect these ranges to continue for months, and quite possibly for the entirety of 2023.
We see the top-end of the range at 4100-4165 on the S&amp;P 500, while the bottom-end is at the 2022 lows (3490).
With yesterday's break above 3910 it tells us a tradable rally has begun, with 4100-4165 our target


Awaiting CPI Thursday; Expect 4100-4165 SPX to Cap Upside; Buy Ideas Within Gold Miners, Insurance

<ul>
<li>US CPI data is due on Thursday 12th January and is likley to be another important data point</li>
<li>SPX Index is down nearly 5% since November and NDX Index is down nearly 8% over the same period</li>
<li>We look for short-term trading opportunities in the options market</li>
</ul>


US CPI data is due on Thursday 12th January and is likley to be another important data point
SPX Index is down nearly 5% since November and NDX Index is down nearly 8% over the same period
We look for short-term trading opportunities in the options market


EQD | SPX and NDX : Its US CPI Time and We Look at Trading Opportunites in the Options Market

Concise Playbook for the Week, Global Markets Playbook

Kevin George

Concise Playbook for the Week

Global Markets Playbook

I am an active trader in stocks, FX and commodities with over 15 years' market experience. I hold a master's degree in finance and have developed a strong skill base in technical analysis. 

Alongside technical setups I will provide earnings analysis, company valuation analysis and macroeconomic studies for the key market releases.

Equity Bottom-Up

<ul>
<li>China is the real pivot that could drive stocks, say investors.</li>
<li>China's economic growth could be a real pivot for stocks, they say.</li>
<li>China's economy is a key factor in the growth of the country's economy, according to analysts.</li>
</ul>


China is the real pivot that could drive stocks, say investors.
China's economic growth could be a real pivot for stocks, they say.
China's economy is a key factor in the growth of the country's economy, according to analysts.


The S&P 500 Has Further Lows Ahead In 2023

<ul>
<li>Next week is the last big week of data releases for the year</li>
<li>With CPI data and also a FED meeting there is lots of potential volatility to come</li>
<li>We look at what is priced in to the derivatives market and suggest some trade ideas</li>
</ul>


Next week is the last big week of data releases for the year
With CPI data and also a FED meeting there is lots of potential volatility to come
We look at what is priced in to the derivatives market and suggest some trade ideas


EQD | SPX Index/NDX Index : Big Data Week Coming Up-We Look at What Is Priced In

United States

SPDR S&P 500 ETF Trust is an exchange-traded fund incorporated in the USA. The ETF tracks the S&P 500 Index. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index. It holds predominantly large-cap U.S. stocks. This ETF is structured as a Unit Investment Trust and pays dividends on a quarterly basis. The holdings are weighted by market capitalization.

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SPDR S&P 500 (SPY US)

EQD | HSI Index Vs SPX Index: Sell Chinese Equity Vol to Buy US Equity Vol

We consider the volatility outlook for Chinese equities versus those in the US. We identify two relative value volatility spreads to monetise our...

Simon Harris

Awaiting CPI Thursday; Expect 4100-4165 SPX to Cap Upside; Buy Ideas Within Gold Miners, Insurance

With yesterday's break above 3910 in $SPX we see a tradable rally, but 4100-4165 is likely to cap upside; reduce risk into that area. Buy ideas...

Vermilion Research

EQD | SPX and NDX : Its US CPI Time and We Look at Trading Opportunites in the Options Market

We take a look at the upcoming CPI release in the US. We consider what moves are priced in to the derivatives market and look for short-term...

Simon Harris

The S&P 500 Has Further Lows Ahead In 2023

China is the real pivot that could drive stocks, say investors. China's economic growth could be a real pivot for stocks, they say.

Kevin George

EQD | SPX Index/NDX Index : Big Data Week Coming Up-We Look at What Is Priced In

We look at the big upcoming data points in the US and the FED rate decision. We consider what moves are priced into markets and identify trading...

Simon Harris

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)