Trade Strategy 3.7.19

Markets  Global stocks are in a sluggish trend just ahead of today’s European Central Bank meeting. Japan’s Nikkei average fell 0.7%, while Hong Kong’s Hang Seng dropped 0.9% and South Korea’s Kospi declined 0.5%. Chinese blue chip names also snapped a four-day winning streak. In … Continue reading

Trade Strategy 3.5.19

Markets In Asia, Japan -0.4%. Hong Kong flat. China +0.9%. India +1.1%. In Europe, at midday, London +0.3%. Paris -0.2%. Frankfurt -0.1%. Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude -0.1% to $56.51. Gold -0.1% to $1285.70. Bitcoin +0.7% to $3722. Ten-year Treasury Yield +2 bps to 2.73% Source: Seeking Alpha Economic Calendar 7:30 Fed’s Rosengren Speech8:55 Redbook … Continue reading

Trade Strategy 3.4.19

Markets  Trade sentiment is again boosting equities, with Shanghai closing up 1.1%and U.S. futures pointing to gains, as the WSJ reported that China and the U.S. are in the final stage of completing a trade deal. In Asia, Japan +1%. Hong Kong +0.5%. China +1.1%. India +0.6%. In Europe, … Continue reading

Trade Strategy 2.28.19

Markets In Asia, Japan -0.8%. Hong Kong -0.4%. China -0.4%. India -0.1%. In Europe, at midday, London -0.5%. Paris flat. Frankfurt -0.1%. Futures at 6:20, Dow -0.3%. S&P -0.3%. Nasdaq -0.4%. Crude -0.4% to $56.73. Gold +0.5% to $1327.90. Bitcoin +0.3% to $3819. Ten-year Treasury Yield -2 bps to 2.67% Source: Seeking Alpha Economic Calendar 8:00Fed’s Clarida: “Promoting … Continue reading

Trade Strategy 2.26.19

Markets Oil suffered its worst YTD price decline on Monday, tumbling from three-month highs after President Trump lashed out at crude prices. April WTI settled down 3.1% at $55.48/bbl, while Brent closed 3.5% lower at $64.76/bbl. While the message immediately flipped investor sentiment, some analysts … Continue reading