Posts

Showing posts from December, 2020

The Most Important Chart In The World Right Now: US Dollar Index (DXY)

Image
DXY US Dollar Index 90.67   Technical Perspective - I believe this is the most important chart in the world right now. US Dollar Index (DXY) 90.67 - The technical setup reminiscent of the period 1981/1982 & 1998/1999 where multi-month weakness within an upward channel was followed by a sharp reversal & squeeze.  As I mentioned in my weekly note: caution if you're too short the USD.  Treasury Chief-elect J Yellen being pressed to back a strong US Dollar.  Monthly Chart

2020 Trade Ideas Review: What Worked and What Didn't

Image
ALSO: Read about my Sappi Calls: https://re-rate.blogspot.com/2021/01/sappi-long-and-short-of-it.html Updated with last prices as at 24 December 2020.   The following is a review of the 2020 trade ideas that I have suggested. These were generated in my employment at two South African-based stockbroking firms as well as in the social media sphere where I occasionally share my technical perspective with market participants such as (private) proprietary traders, institutional traders and analysts and portfolio managers.     Trading Desk Analyst (Responsible for 80% of private client research. July 2016 to June 2020).  Investment Strategist (Headhunted to start and take full responsibility for the  private client  research. These include quarterly reports with the 'best ideas' for the period. July to December 2020).   The ones highlighted below stood out the most, on both the long and short side.   This is not a comprehensive view of either the best or the worst, but merely a sn