The Fixed Income, Commodity, and Currency markets are near and dear to my heart. Ever since I began learning Technical Analysis, I've always loved analyzing things that are "off the beaten path." This included everything from Interest Rates to Soybeans to the Norwegian Krone. Equities are great and all, but this is the stuff that gets me up in the morning.
In addition to the blog posts we do on the site, I've wanted to explore new ways to share that passion with you all and show why even if you're not investing in these markets directly, they're worth paying attention to.
That brings us to my new weekly show, "What The FICC?"
In this weekly video series, I'll be highlighting the most important chart or theme from these three asset classes while doing my best to tie that analysis back to Equities through an intermarket signal or a trade idea.
The first two pilot episodes are linked down below. I hope you enjoy them and look forward to seeing you all back here each week for a new episode!
This is a behind the scenes video of our team meeting held on July 6, 2020 4PM ET.
Every quarter we put out our Playbook focusing on the most important themes around the world to take advantage of, and just as importantly, which areas to avoid. This is usually about 150 pages and really dives deep into stocks, rates, commodities, forex and the intermarket relationships between all of them.
I hope this gives you some perspective on how we approach markets using our Top/Down Approach. We've always found it helpful to understand where people are coming from and why they say certain things. I hope this can give you some of that context about us. I think it also helps you get to know our team a little better. Enjoy!
Every week we publish performance tables for a variety of different asset classes and categories, along with commentary on each.
Looking at the past helps put the future into context. In this post, we review the relative strength trends at play and give our outlook, as well as some of the things we're watching for in the month ahead.
With July just coming to a close, we're going to focus on that month's returns for insight into the near-term and analyze a variety of monthly charts in order to view the recent performance within the context of the underlying trends.
This week, we'll highlight the broad-based bullish performance across just about every asset class in July, as well as one of the tailwinds for this which was the weak US Dollar.
Here is our list of International Indexes. We continue to see outperformance from the US, China, and other areas of Asia such as Taiwan (which is not shown in the table, but made new all-time highs this month). The Shanghai Composite and Wilshire 5000 are outperforming their peers with significant gains over every timeframe.
I know it's a Technical Analysis no-no to be looking at weekly candlesticks before they're complete, but there's something happening in the Rupee that we need to be paying attention to.
Every week we publish performance tables for a variety of different asset classes and categories along with commentary on each.
Looking at the past helps put the future into context. In this post, we review the relative strength trends at play and give our outlook and some of the things we're watching for in the week ahead.
This week we're going to highlight our International ETF and Global Index tables, and focus on some of the rotation we're seeing into more offensive assets across the board. Let's dive into it.
Emerging Markets $EEM, particularly Latin America $ILF, continue to rebound strong. These two indexes were this week's leaders on our International ETF list but notice that they are also the top performers over the trailing one and three month periods.
Historically, new 52-week lows are not a characteristic of an uptrend. These are things we see when the asset in question is under pressure. With the Dollar Index continuing to sell-off, what are some of the broader implications?
Every week we publish performance tables for a variety of different asset classes and categories along with commentary on each.
This week we're going to highlight our US Index and Sector ETF tables, and focus on the laggards as they are giving us the most important information for the current market environment. Let's dive into it.
No surprises here... The Nasdaq $QQQ outperformed aggressively once again last week, booking a +4.7% gain while Mid, Small, and Micro-Caps were all lower. The Nasdaq is the only US Index that is higher over the trailing month.
As we head into the second half of the calendar year 2020, we start from scratch with our Q2 playbook and outline our thoughts on every asset class and our plan to profit in the quarter ahead.
Part 1 of this playbook will cover our macro view, touching on Equities, Commodities, Currencies, and Rates.
Part 2 of this playbook will delve deeper into Indian Equities, going sector by sector to identify the trends that matter.
Part 3 of this playbook will outline the individual stocks we want to be selling within the context of today's environment.
Part 4 of this playbook will outline the individual stocks we want to be buying within the context of today's environment.