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  • Squawk / 25 minutes ago
    Concerning gold stocks and the GDX:arcx in particular it has had quite a run lately, to say the least. It is a rocket! If this run is the launch of something big, which it could be, it should be able to sustain into February 16 and ideally be able to make it into the $20. Hopefully we'll see a breather from there and an orderly pullback...I was looking for a low in early March, that scenario isn't going to play out.
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  • Squawk / 36 minutes ago
    Looking at the cycle hit on the XLE:arcx (Energy stocks ETF) we had back in January I have come to the conclusion that this is in best case a wave four consolidation, and even though this leg could very well have legs to at least withstand more bearish pressure for quite a while the real buying opportunity from a longer term perspective isn't present just yet.
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  • Squawk / Yesterday at 22:20 GMT
    Senior Analyst /
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (February 15 - 19, 2016)

    Here’s the market outlook for the week:

    Dominant bias: Bullish
    EURUSD moved upwards by 230 pips last week, topping at the resistance line of 1.1350, before the current bearish correction. From that resistance line, price got corrected by 100 pips while the bias on the market remains bullish. There is a need for price to go above that resistance line this week, aiming for other resistance lines at 1.1400 and 1.1450. Otherwise, bears might overcome bulls and manage to push price further south.

    Dominant bias: Bearish
    This pair has proven to be one of the strongest trending among the majors. Price dropped by roughly 260 pips last week, moving briefly below the support level at 0.9700. Then price turned upwards, making a shallow bullish effort.

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  • Trade view / Friday at 16:09 GMT
    Medium term

    UPDATE: Closing Facebook Covered Call before expiration

    Product Manager Futures and Listed Options / Saxo Bank
    With a week to go in this covered call position we will close it (buy back February 16 100 call at $4.65 and sell Facebook shares). This would get us just above breakeven point of $98.37. We decided against another roll of call options, largely due to the market volatility. Sometimes, it's better to take a small profit or a small loss in order to reduce the risk in the market.
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  • Trade view / Friday at 15:49 GMT
    Strategic trade

    #SaxoStrats: Fuji Heavy Industries' valuation is insanely cheap

    Head of Equity Strategy / Saxo Bank
    Top line growth is close to 10% y/y with margins expanding on the backdrop of a weaker JPY (if not in recent weeks). Cash flow generation is the highest ever (see chart) signaling strong underlying fundamentals. The valuation of the company is extremely low with EV/EBITDA at 3x which is out of touch with fundamentals.
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  • 1d
    Legendoski Legendoski
    @USD/JPY ...from my technical point of view, I will have think now is the best time to position in favor of the JPY. We should see further...
    Stephen Pope Stephen Pope

    I find trying to gauge short-term technical targets at the moment is a fruitless exercise. What I am looking at is broader direction.

    The time based technicals are...
    Stephen Pope Stephen Pope
    Dear Legendoski,

    USDJPY closed at 113.22 on Friday.

    Technical s are muddled with very short-term levels calling for a sell, 15 mins is neutral 30 mins to...
  • 2d
    SierraPt. SierraPt.
    For those who's not following closely, can you please explain the difference between Alpha picks and your model portfolio? I.e. you included Moody's in Alpha Picks, but...