Author Archive: Jeremy Parkinson
An Anomaly Emerges In Emerging Markets
Earlier on Monday in “‘People Are Going To See There’s No Liquidity’: EM ETFs Face ‘Minsky Moment’,” we highlighted a new FT piece that flags many of the same risks we’ve been pounding the table on for months with regard to HY and EM bond ETFs. Simply put: the ETFs promise all-day liquidity while the underlying bonds […]
Retail Investors Are Piling Into “The Most Dangerous Trade In The World”
It shouldn’t be too surprising that the XIV exchange-traded note – which is designed to deliver the inverse performance of the well-known CBOE Volatility Index (or the VIX) on a daily basis – is attracting fresh attention after surging as much as 87 percent this year. But, as CNBC notes, some caution that investing in the exchange-traded […]
EUR/USD Forex Signal – Tuesday, July 11
Yesterday’s signals were probably not triggered as the bullish price action took place a little way below the support level identified at 1.1388. Today’s EUR/USD Signals Risk 0.75%. Trades may only be entered before 5pm London time today. Long Trades Go long following a bullish price action reversal on the H1 time frame immediately upon the […]
Euro Bund Market Observations (Ending One-Time-Framing)
Looking at the plain daily chart, we can observe the end of the one-time-framing lower behavior which occurred for several weeks as Friday’s high got taken out. A previous balance area seems to be supportive for now. Looking at the weekly volume profiles, we can identify a double distribution profile. The market opened inside of […]
We Are Seeing Classic Late-Cycle Signs Everywhere
We know it’s hard to believe, but we’ve closed out the first week of 3Q 2107. For some, it was a vacation week, for others like those of us here at Tematica it was a busy one. As much as we love a holiday, especially July 4th, the downside is compressing five days of trading, […]
The Changing Face Of The UK’s Working Class
When the recent General Election was first called, many people (MPs included) thought that the results were already a sure thing, with little chance of any upset. How misplaced their certainty proved to be when the performance of almost all major parties in the polls defied expectations, for better or worse. Significant losses for the Tories and SNP despite […]
Will Volatility Continue To Flatline?
So the VIX has flatlined. It’s been meandering along in a sideways direction for nearly four years. In fact, the four-year chart of the VIX looks like an electrocardiograph (EKG) of a recently diseased person. Sure, you’ll see an occasional blip. But not even a dead person has a ruler-straight EKG line. Sorry, folks — […]
Consumer Credit Surges Most Since November 2016
After a big miss in April, when US consumer credit posted its smallest monthly increase in 6 years, resulting form a slump in demand for revolving credit, one month later things promptly reverted back to normal, and according to the Fed, in the month of May, total consumer credit rose by $18.4 billion, well above […]
Dividends By The Numbers For June 2017
June 2017 ended the best quarter for dividends in the last three years. Before getting into the tally of dividend data for the month, let’s take a quick look at the number of publicly-traded U.S. companies that either increased or decreased their dividends in each month from January 2004 through June 2017 in the following […]
S&P 500 And Nasdaq 100 Forecast – Tuesday, July 11
S&P 500 The S&P 500 initially fell on Monday but found enough support underneath to bounce and reach towards the 2430 level. The market looks likely to continue to grind to the upside, perhaps trying to reach towards the 2450 handle above. A break above that level would send this market to the 2500 level, […]
