That ‘risk on’ shift is getting underway

I wrote the other day wondering about a shift to ‘risk-on’ and this sentiment shift seems to be getting underway. Stocks, Commodities and the Commodity currencies are all enjo …
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Slow-mo action as S&P500 attempts a breakout

The US$ is a bit weaker but the S&P500, Oil, the A/U, E/U and Kiwi are all bit higher in what appears to be general slow-motion activity whilst the S&P500 carves out new …
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Indices/Commodities Outlook

  INDICES/COMMODITIES S&P Futures 1953 After trading a choppy 1946/1973 range, the S+P has ended Monday a little lower, but leaves the overall outlook unchanged. Further c …
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Indices/Commodities Outlook

INDICES/COMMODITIES S&P Futures 1966 The late rebound in the Chinese stock markets yesterday has led global stocks  higher today, with the US indices assisted by the growing …
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1 Sept: Indices/Commodities Outlook

  INDICES/COMMODITIES S&P Futures 1965 The global indices initially headed lower, on the back of the FT headline, but have since made a partial recovery with  the S+P cur …
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Gold clears topside stops; $1130 the level to watch

Gold rallied to a high of $1109 as stops above $1100 got cleared Further short squeeze possible, but topside likely to be capped at $1130 I’ll be selling Gold there with a stop a …
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Gold consolidating after $1130 breakout

Gold has been caught within a tight range since breaking below the key $1130 support level, but the downtrend remains very well intact The yellow metal wasn’t really in demand ev …
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Gold still struggling; test of $1044 likely

Gold is struggling to get back above $1100 Many commodities still under heavy pressure; precious metals no exception Short-term techs suggest Gold oversold in short-term, but remai …
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UBS on Gold Positioning

On balance, positioning is probably gold’s most positive feature right now. With net longs sitting at the lowest levels in more than a decade, the scope for further selling at th …
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Indices/Commodities Outlook

INDICES/COMMODITIES S&P Futures 2079 Global equity markets fell hard on Friday, under pressure from weak commodities and exacerbating concerns over the global economic growth …
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