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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

Leading to War Headlines   *BBC Business Iran “halts crude oil EU Exports” http://www.bbc.co.uk/news/world-middle-east-17042855 Headlines ? Only to report Iran denying. Sensationalism. * CNN Breaking News 15/2/12 5:48 PM Iran to install “home-built”… Continue reading →

Reversals are really not my thing. But only China has this power. 15Feb12 RTRS-WASHINGTON-CHINA VICE FINANCE MINISTER SAYSCHINA,U.S.MAINTAIN “VERY CLOSE CONTACT” ON FINANCIAL CRISIS, EURO ZONE 12:35 15Feb12 RTRS-WASHINGTON-CHINA VICE FINANCE MINISTER REPEATS… Continue reading →