Can Asia be split into core and peripheral?

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Two years on and counting, if the Greek contagion can no longer be contained, would we start to see a split in the performance of Asia’s local bond markets? We caught a glimpse… Continue reading

Data Preview : Michigan Consumer Confidence Sentiment

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We have US Consumer Sentiment Tonight. Beware the shadow of Oil & Gas. With pump prices in the US soaring with the S&P, hard to see people keeping their spirits up unless …… Continue reading

Like A Moth To A Flame – Trading on Hope

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Feels like the market is trading past the recession and running before it even walks. The PMIs have just arrested a downslide and S&P is nearing its 4 year high. Its on blue moons… Continue reading

Trading In A Minefield – Day 2 Consolidation

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Headlines patchy and sounding real repetitive. I turned the boat around yesterday. Squared out short UST ETFs (TBT US and PST US). Squared out the SILV long for the interim, looking to re-enter… Continue reading

Trading in a Mine Field – Don’t Freeze, Think Risk Off !

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The headlines all say it. Skeptical of EUR. Yet EUR/USD rose to highs intraday. USD/JPY broke 80.00 like many wouldn’t believe and AUD/SGD tried for 1.07 even after a crisis of confidence in… Continue reading

Nothing Meaningful in Trading EUR

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This sums up how I feel year to date. “Bond and Currency markets are now so rigged by policy makers that I have no meaningful insights to offer, other than my bubble fears.”… Continue reading

Hi Ho Silver

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Just chanced upon the above while doing a daily summary. And I proceeded to do the Gold-Silver differential graph (courtesy Bloomberg). While I am not in a  position to start off any commodity debate… Continue reading

What is Real and What is Fake ? : 6 Trillion US Treasury Certificates Seized

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First Thought : No wonder the Chinese has been selling. Fakes are cheaper.  http://www.businessweek.com/news/2012-02-16/china-trims-holdings-of-treasuries-to-lowest-level-since-2010.html How much does China own, as the largest holder of US debt in the world ?  Just $1.1 trillion.… Continue reading

Tale of 2 Charts – Near Term Equity Top ?

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I am the antithesis of a bond trader who trades bonds for a living. Which accounts for why I missed the biggest bond rally in the world. Ironic indeed. Never had I advised… Continue reading

That Lab Rat Feeling in Markets

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Image via Wikipedia Every so often every trader will be hit by that lab rat feeling. Conspiracy theories racing through your mind. Why up and then down ? The events of the week… Continue reading