HEDLines – Archive

It is useful to compare the fortunes of the main traded grains in the past decade or so as China has risen as a major consumer, with that of copper. This is a good benchmark for other industrial commodities and a monthly-scale…

Last Friday, the 13th April was a day when we expected a large number of turns in various markets, as a glance at the current turn schedule here will show (it’s still on the front page too).  US and other stock…

The generally compressed market conditions reported in a couple of recent editions continue. A major French index, the German second-tier MDax and a key Korean index have all now compressed or re-compressed at a weekly scale, meaning that markets are…

During the shortened Easter week, several stock indices made weekly-scale compression signals: None of the ‘major’ indices have done so – the only US example is this Russell 2000 which  is a small-cap index. There are a couple of other…

Today we expect the largest collection of market turns this month, as you can see from the current turn schedule on the front page. This usually means a change of direction, so it is a good chance to cover equity market…

In yesterday’s edition we reported that bonds, energy and gold were all compressed, meaning that pressure is building up for some fresh market moves in the immediate future. We can now add the US$ to that list as it compressed yesterday and…

The turnaround from up-to-down in Treasury bond prices was signalled by compressions in 10-year notes that broke down in late 2016. The drop followed the usual bear market course of sharp falls followed by long periods of gradual rallies. The…

There has been an upswing within the erratic trading range in stocks around the world. This made new local highs (i.e. highs for this leg of the rally) in many markets yesterday, which was the day we expect the biggest…

Sugar and Copper markets have both made daily-scale compressions lately. Copper compressed, broke downward and briefly rallied to re-visit the compressed area. Sugar has just compressed and (apparently) broken down today – we have to wait until nearer the close to…

We wrote bullishly about commodities several times recently. In the February 12th edition we pointed out that these prices rarely turn around from bear to bull markets before a period of ‘bumping along the bottom’ and that we thought this…