Didier Abbato

Didier Abbato

USER AND ACCOUNT INFORMATION
Interest:
56 elements in equities
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User type:
Community member, Blogger, Saxobank employee 
Company:
Saxo Bank 
Title:
Vice President, Trading Advisory 
Didier Abbato, Saxo Bank, 02 January 2012

More headline risk ahead for equity markets

The bad news is that Santa did not deliver a quick fix solution to Europe’s financial troubles and as we enter the New Year, there is a feeling that events in Europe are now coming to a head. Read more
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Didier Abbato, Saxo Bank, 16 December 2011

Equity markets brace for a French downgrade

Judging by the raft of declarations from top leaders in France, it seems highly likely that Standard & Poors’ have already given their verdict to French officials. An announcement over the coming weekend would therefore not be far-fetched. Read more
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Didier Abbato, Saxo Bank, 09 December 2011

Equities look to the IMF for hope

The odds for an intervention of the International Monetary Fund in the crisis are rapidly sharpening. This should be one of the most significant developments to watch out for next week. Read more
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Didier Abbato, Saxo Bank, 02 December 2011

Equity markets want to believe...

The current moves in equity markets tend to point towards seasonal effects once again playing out in full for stock markets this year. Still, we may end the coming week with the feeling that another great opportunity has been missed for Europe... Read more
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Didier Abbato, Saxo Bank, 18 November 2011

Equities are on the brink

The market is still looking for direction but once it finds it, it will probably move sharply. Price action has generally felt heavy all week and all rallies seem to have been fuelled by sharp short coverings and met by real money sellers. Read more
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Didier Abbato, Saxo Bank, 28 October 2011

Euphoria in equity markets but what's next?

Whilst we see this week’s surge in equity markets as fair to some extent, further gains next week should be treated with caution at least from a short-term perspective. Read more
201 Views
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Didier Abbato, Saxo Bank, 21 October 2011

Time to place your bets on stock market direction

With most commentators predicting an impending disaster next week, one can wonder if the surprise is not to the upside as the pressures on European leaders to come up with a compromise become unbearable ahead of the G-20 meeting next month. Read more
154 Views
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Didier Abbato, Saxo Bank, 14 October 2011

Hard questions ahead for market, so be safe rather than bold

The market has now fully priced in the “offer” of a solution by the German-French duo. We now expect the hard questions to be asked as we get closer to 23 October and if sub-optimal solutions with unforeseen consequences are offered. Read more
227 Views
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Didier Abbato, Saxo Bank, 07 October 2011

Markets seeing the light - upside equity potential?

If the story we describe in this post develops as expected, we may be in for some strong upside surprises in equity markets at least over the next few weeks... Read more
202 Views
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Didier Abbato, Saxo Bank, 23 September 2011

S&P 500 at 1,000?

Unless we get a significant announcement from the Europeans over the coming weekend, we expect to see US and European equity markets much weaker next week and the area of 1,050-1,000 looks like a realistic target for the S&P 500. Read more
344 Views
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Didier Abbato, Saxo Bank, 16 September 2011

EcoFin means a crucial 48 hours for stock markets

In the past week, we came close to the brink in Europe and the unscheduled ECB announcement regarding USD funding helped buy some time. Yet, the next 48 hours will be decisive for European and global equity markets. Read more
158 Views
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Didier Abbato, Saxo Bank, 09 September 2011

Stocks remain exposed to major Eurozone shock

Expected Fed “QE3-like” action should provide relative support to US stock markets. But this is meager against the Eurozone situation. As long as there is no structural solution to the European problems, we are left exposed to a major shock. Read more
189 Views
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Didier Abbato, Saxo Bank, 02 September 2011

Get ready for an action-packed September in stock markets!

September, historically the worst performing month of the year for US stocks, promises to be another volatile one! This is clearly a trader’s market and relative plays may be a better idea in this context... Read more
429 Views
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Didier Abbato, Saxo Bank, 25 August 2011

Don’t bet on a Jackson Hole miracle for stocks

Avoiding a “Japanisation” of the U.S. seems to be the rationale behind further intervention by the Fed but we are still some way away from a collapse of current or expected inflation. Hence we contend that it is too early for any radical moves. Read more
273 Views
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Didier Abbato, Saxo Bank, 25 August 2011

Buffett's Bank of America deal supports US stocks

The announcement that Warren Buffett will invest USD 5 billion in Bank of America sent its shares up about 25 percent pre-market. This should support the S&P 500 for the session. Read more
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Didier Abbato, Saxo Bank, 24 August 2011

European and US equities boosted by strong US durable goods

Strong US durable goods managed to break the deadlock and DAX finally broke the 5,600 decisively. This opens the way for the German index to auction between 5,540 and 5,800 for the remainder of the week. Read more
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Didier Abbato, Saxo Bank, 24 August 2011

Directionless volatility continues; Watch out for German IFO

Directionless volatility should remain until Friday, hence we still favour playing ranges for the remainder of the week. The main data to watch today are the German IFO figures. Read more
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Didier Abbato, Saxo Bank, 23 August 2011

European equities grinding after poor ZEW data

Disappointing ZEW surveys and rumours about the funding situation of Italian banks have put a damper on European stocks after a strong start to the day. This makes for a painfully slow grind higher. Read more
210 Views
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2 Comments
Didier Abbato, Saxo Bank, 19 August 2011

Deep losses in equity markets - stay away from the falling knife!

As the monthly chart for the DAX index shows, the crossing of the MACD indicator has been a very strong signal for trend setting over the past 10 years! Hence we would refrain from calling the bottom of this new downtrend just yet… Read more
515 Views
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Didier Abbato, Saxo Bank, 12 August 2011

Beware of the technical rally

In Europe, the agenda will remain driven by unpredictable political announcements and some may happen no later than the coming weekend. More short bans and other policy responses could well be announced before the Monday Asian market open. Read more
252 Views
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    Biography
    Didier Abbato is a Vice President with the Trading Advisory Team at Saxo Bank, advising the bank's High Net Worth clients. Didier has been on a trading desk for 13 years, starting with trading emerging market debt in London at Sumitomo Mitsui Banking Corporation and London-based broker London Forfaiting Cpy. He started at Saxo Bank in early 2004, holding positions of trading advisor (mainly stocks and stock indices) and market-maker for stock CFDs. He holds a Masters in Finance from the University of Bordeaux, and is a CFA Charterholder from the CFA Institute.
    Disclaimer
    Non-independent investment research
    This investment research has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Further it is not subject to any prohibition on dealing ahead of the dissemination of investment research. Saxo Bank, its affiliates or staff, may perform services for, solicit business from, hold long or short positions in, or otherwise be interested in the investments (including derivatives), of any issuer mentioned herein. » Read more
     
     
     

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