Saxo Market Call

Today's slide deck: https://bit.ly/39EPYiP   -

Today we look at the tremendous snap-back rally in the US yesterday as the short squeeze phenomenon shows signs of fading, although we note that speculative froth remain in evidence. We also break down the so-far unsuccessful attempt to ramp silver prices above the 30-dollar level. In FX, we note the odd strength in the US dollar, given the backdrop and look at risks to long dated safe haven bonds if yields continue to rise. Today's call with Peter Garnry on equities, Ole Hansen on commodities, Althea Spinozzi on fixed income and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/3ajsSgZ   - 

As traders in the US have been held back from speculating in names at the center of last week's massive short squeeze, they have shifted their attention to the silver market. Today we offer perspective and a look at how the market operates as well as where the focus should be if any real shortage in the physical market were to develop. Also, we have a look at upcoming earnings reports  in the busiest week of earnings season thus far, and take a look at sterling ahead of the BoE meeting this Thursday. Today's call with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Today's slide deck:  https://bit.ly/3osHI9X    -

Today, we take a crack at breaking down the market action of the last few days and especially why the most-shorted-stock basket is negatively correlated with the broader market, while also making the case that a fading away of the short squeeze phenomenon may not necessarily lead to quieter markets again. Also, a look at USDJPY's odd behavior, the speculative attack on silver positions yesterday and much more. Today's call with Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/3qXa4L5   -

Today, we look at the ongoing short squeeze across virtually all of the most shorted equity names and discuss the degree to which this is contributing to the worst spike in volatility for the broader US equity market since mid-March of last year, a couple of weeks prior to the market bottom at the time. We also look into Apple and Tesla earnings reports, signs of investors running for cover in the USD and US treasuries and what that means, and the contagion of the volatility across assets, including into commodities. Today's call with Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX.

Today's slide deck: Today's slide deck:  https://bit.ly/2KXHVUY   -

Today, another look at the short squeeze developments and as the intense GameStop squeeze continued yesterday and even after hours despite Monday's pump and dump in the stock. We underline the danger of engaging in the zany action here while at a loss to understand how long the phenomenon can continue, though the time frame is likely to prove relatively short. Elsewhere, we look into the US treasury and BTP market, preview the FOMC meeting tonight, note signs of strong demand for risky UAL debt and more. Today's call with Peter Garnry on equities, Althea Spinozzi on fixed income, and John J. Hardy hosting and on FX.

Today's slide deck:  https://bit.ly/3ojt7gP  - 

Today, we look at yesterday's mini flash crash in US equity markets and the activity in the retail space - and undoubtedly amplified by other sharp market operators - that is driving an enormous squeeze on the most shorted equity names, most spectacularly yesterday in GameStop. It is a dangerous game that will stop at some point and we encourage traders to exercise extreme caution here. Elsewhere, we dive into the Chinese warning on asset bubbles, focus on US long rates, semiconductor shortages and much more. Today's call with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Today's slide deck:  https://bit.ly/2NpCNcS    -

Today, we delve into the market's positive start to the week and the blitz of big earnings reports ahead, including Wednesday's bonanza of US megacaps reporting. Also, a wrap of the huge correction in the grains market last week and whether it marks a trend change,  what is driving the weaker US dollar narrative and more. Today's call with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Today's slide deck: https://bit.ly/3sLcQ7Z   - 

Today, we look at whether it is time to take a few chips off the table at minimum on a few signs that the most speculative assets have hit a rough patch, as we question the ability of "story"  and "theme" companies with zero earnings to continue their vertical ascent. Action in the commodities space and positioning there are likewise a headwind for the reflationary narrative at this time. We also take a  look at how to hedge for a possibly correction across markets.. Today's call with Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX. 

Today's slide deck: https://bit.ly/35YtqaL   - 

Today, a look at the best Inauguration Day performance for US stocks since Reagan's re-election in 1985, a run down of BIden policy priorities, a status check on the earnings season thus far, a discussion of our equity theme baskets for green energy and next generation medicine, the odd dissonance of still low long rates despite the narrative and much more. Today's call with Peter Garnry on equities and John J. Hardy hosting and on FX. 

Today's slide deck: https://bit.ly/3sFobq0   - 

Today, a look at the end of the short Trump era and the transition to a Biden presidency today, including the priority list from incoming Treasury Secretary Janet Yellen after her nomination hearing yesterday. We also dive into the latest on volatile Italina politics and how the ECB continues to crush EU sovereign yield spread. A full run down of important commodity markets also on the call. Today's call with Althea Spinozzi on fixed income, Ole Hansen on commodities and John J. Hardy hosting and on FX.