Is Someone Lying About Saudi Arabia’s US Treasury Holdings?
I’ve thought (and written) quite a bit about what Deutsche Bank called “quantitative tightening” last autumn. The concept, like many complicated-sounding ideas, is actually simple: countries hold reserves to guard against economic turmoil and when they sell those reserves in times of stress it amounts to the opposite of QE because those reserves are primarily…
Here’s The Most Important Question For Risk: Whither The Yuan, My Friends?
Sometimes it seems like no one gets it when it comes to the Chinese yuan, which is really too bad because in many ways, what happens to the renminbi determines the direction for risk assets. Last August, the market was abuzz with news that Beijing had decided to let the market play a more active…
why did the stock market rally today
With a schizophrenic market every change we get a profit we should take it. That's what we did today with the QQQ. A trade we entered on Friday was up over 25% so we closed the trade today. In tonight's video let's take a look at why did the stock market rally today.
It’s Cool To Be A Bear. Do You Want To Be Cool?
Earlier today, I asked the following question: “Where’s The Bull Market?” My point was simple. Central banks have indeed driven asset prices into the stratosphere and a kind of needlessly contrarian collective gamble has driven oil back near $50 even as the fundamental picture is so bad that crude is being stored offshore in tankers…
Where’s The Bull Market?
If someone asked me to summarize my general outlook on markets - whether equities, fixed income, FX, or otherwise - in one sentence I’d say this: we are investing and trading in exceptionally uncertain times. Yes, that’s a cliche. But I think it’s an appropriate one in this case. To be sure, being bearish and…
MSFT Stock Price Going Lower?
TheoTraders look for 1 to 1 risk reward ratios where you have an edge. In tonight's video we will look at one such trade set up. TheoTraders should take a moment to review this trade to determine if this is an actionable trade for you. TheoTrade members will get an alert when we take this…
Morgan Stanley Warns On Oil: “The Market Is Not Healthy”
Ask analysts about crude’s rather dramatic rebound off of the January lows to nearly $50 and you’ll probably get a variety of answers referencing any number of data points that purportedly signal a shift in the supply/demand picture. Barclays, for instance, sees the market swinging to a supply deficit in 2017. But the reality heading…
A Yen War Looms After Contentious Weekend In Japan
There’s probably no one in the world who wants the Fed to raise rates more than Japanese Finance Minister Taro Aso. Earlier this month, Aso threatened to intervene in the FX market if the yen continued to trade in a “disorderly, one-sided, speculative” manner. For those who haven’t followed the story, this is a big…
Trades that put the odds in your favor
Trades that put the odds in your favor "May the odds be ever in your favor" Hunger Games Each week TheoTraders look for trades with an edge. TheoTraders want to find trades that put the odds in your favor. In this weekend edition find out the types of trades that you want to take in…
King Dollar Has “Unfinished Business”
This week was about one thing, and one thing only: uber hawkishness from the Fed. To be sure, “uber hawkishness” means something entirely different today than it meant in the Volcker years. Now, you’re a hawk if you think the Fed Funds should be 75 bps. Still, it’s all relative. We live in a world…