Thanks to those of you who joined us today – we had lots to get through!
We covered: FX STAM, Volkswagen ($VOW) Tesla ($TSLA) Baidu ($BIDU) Discovery ($DISCA) Viacom ($VIAC) Tencent ($TME) and Nomura ($8604) along with $USD, $NZD and $GBP.
The Archegos Capital Management story is unfolding as I write this and will make for an interesting week.
There will be no Monday Market Update next Monday due to the Easter Holidays. We will return on Monday 12th April.
Have a great trading week and Easter break and I’ll see you in a couple of weeks.
Today we took a look at: US 10 Year Yields , and the Energy Sector ETF ($XLE) plus WTI ($WTI) and Brent ($Brent), along with the usual Global Indices and EM Currencies ($USDTRY) plus $EUR, $YEN, and $GBP
I hope you have a great trading week and I look forward to you joining me next Monday at 1230.
Thanks to those of you who joined us today. We covered: FX STAM, Pagseguro Digital ($PAGS), Ethereum ($ETHUD), Online Retailers ETF ($IBUY) and Shopify ($SHOP)
Have a great trading week, and see you next Monday at 1230.
Thanks to those of you who joined us for the Monday Market Update. I was asked by several sources to explain the events of last week regarding $GME, RobinHood, Melvin Capital, reddit, and WallStreetbets.
Well I gave it a shot, I caveat it that its not my area of expertise in any sense of the word. I don’t consider myself an equities specialist, and for good-reason because for years Ive been telling people its a murky, opaque battlefield that operates on news flow, and that retail traders are at the bottom of the information food-chain.
Any mistakes or omissions are my fault and I apologise – (for example I forgot to talk about the Gamma Squeeze that occurred as part of the overall short squeeze) it was merely trying to explain the events in broad terms for a generic audience, there is plenty of detailed news flow out there.
The main take-away is that if you’ve done well out of these moves then well-done you! Never forget to manage risk, and maybe take a bit off the table. Yes, there will be more shenanigans this week, just be careful, manage risk, and watch out that you don’t get overwhelmed by greed.
Thanks to those of you who joined us for the Monday Market Update today. Great to see you all there.
Today was a little different as I shared my views for what we may see during a Biden presidency. I totally accept that these are my views and you may agree or vehemently disagree, and that’s ok with me! I’m not precious about my views – if you have better insight then I’ll happily listen to it.
Have a great trading week and I’ll see you next Monday at 1230.
RIP Prince Philip - back in 1995 I was designated “the Royal Fighter Controller” and sent to Saxa Vord for his visi… twitter.com/i/web/status/1…2 days ago
January 3, 2021
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