Concerns about The Fed, Evergrand and debt ceiling aside, estimates continue to rise. Unusual for this time of year. Analysts often are walking back early year optimism as Q4 approaches. Could this be a reason for typical weak seasonality? Maybe less relevant this year...$SPY
Proud of the smash hits assembled so far in the Barometer Global Music Fund. Many dont know that copywrights last the life of the artist plus 70 years...and that great songs get re-recorded and live on for a very long time...thats a long river of pennies
Surprising how little yields moved lower yesterday given the outsized move down in risk assets....Perhaps a clue that risks are priced in...could the directional move in yields be HIGHER?? $TLT $TLH $IEF
Congratulations to @DUALIPA for winning one of the songs of the year ‘Levitating’, the newest and another strong royalty stream in our Barometer Global Music Royalty Fund catalogue.
Corrections come in time or in price...often a combination of both. If enough time passes, we may not need as much price correction as many think ...have seen rolling corrections for months. DON'T get too beared up but instead manage each position day by day. $SPY $RSP $IWM
JPMORGAN: “What happened to the COVID-19 Delta wave in vulnerable EM countries?” About half of our predicted gain in infection rates “did not occur.” It’s “very possible that the Delta variant is around half as infectious as initially assumed. This would be very positive ..”
When you close out a position forget it. It's over. Many people take a profit and are unhappy if the stock does not collapse immediately. Baruch said you should always sell a stock so the person who buys it from you makes money too.
Why stop losses??....Not only do they help ensure little mistakes don't turn into big ones but they also allow you to stay in your winning positions as long as they work....a successful year is determined by managing risk and a small handful big winners
This week we discuss breadth trends across asset classes, geographic reasons, sectors and markets caps vs persistent investor concerns. A healthy wall or something more? Our take on current positioning.
Following yesterday's crypto shake and bake, $ether fund $QETH.U remains in a series of higher lows and higher highs...watching $66 as a first line of defence on these units. Nice reversal up off yesterdays lows so far.
METAL MARKET: Aluminium prices are flirting with a 13-year high (it hit $2,798 per tonne this morning on the LME, only $5 below the 2011 peak). And hot-rolled coil steel in the US has surged to a fresh all-time high just under $2,000 a short ton | #CommodityInflation