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Continue reading →: Could oil trade to $60 or above? I think so
It is so interesting to me to observe sentiment in the market and how people interpret the data available to them. I grew up massaging the data and presenting it using various statistical methods. One of the reasons I love stats is that one can derive to two totally different…
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Continue reading →: A repeat of 1995 or years that end with 7 pattern?
I didn’t write about the stock market for a while now and there is a good reason for that, there is nothing new – the market is still in a bull trend. So far there is little evidence to suggest this bull run is ending, but on the other hand…
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Continue reading →: Gold, can you use this opportunity?
More than two and a half months ago I published a post about gold where I discussed that it is not time for gold to shine yet. I was right, gold sold off pretty aggressively but couldn’t continue even though it had every chance to do so. This kind of…
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Continue reading →: Unloved soft commodities
I would like to present you a very interesting setup in soft commodities I am observing for a while now. I wrote about COT positioning already, so a frequent reader should be familiar with the term and how to read it. This time there is an extreme imbalance in hedge…
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Continue reading →: Dollar bears do not want to see a (deep) correction!
Since I last wrote about the US dollar [see here], the DXY index fell by approximately 300 pips. The dollar is now approaching probably the most important support zone in this selloff and bulls would say that the final leg higher is yet to come. While I am a more…
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Continue reading →: Bitcoin watch out below
Bitcoin was a great story so far. There was a proper euphoria with comments like “bitcoin price can only go up” and similar, expectations were high and everyone thought trading cryptos or doing some kind of business in the field is like a walk in the park. It seems that…
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Continue reading →: European energies
Probably you’ve seen this chart a few times in the last couple of weeks saying that S&P500 is expensive compared to commodities. Well, don’t go and just buy a random commodity… for example, as I wrote, I am expecting gold price to fall. But on the other hand it seems…
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Continue reading →: Sell bonds and buy micro-caps
I would like to start with my tweet I posted 10 days ago. $TLT well bid today, but that divergence with #gold is telling me that likely #bonds bid will be short lived and both will fall. Let's see.. — Domen Butala (@DomenButala) June 22, 2017 So far this has…
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Continue reading →: The king dollar set to disappoint?
I published a series of shorter posts and tweets about the dollar in the past, but didn’t write a more extensive one recently. I was thinking to write a longer post for a while now, but a) just didn’t find time to do it and b) thought we are set…
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Continue reading →: Few trade ideas
Let me highlight few trade ideas I tweeted recently. So let me share them with you with reposting them here…