HEDLines – Archive

As we have been writing lately, the break downward of weekly-scale compressions in mainly US and European equity indices is a strong sign that more weakness will happen. We have been seeing daily-scale bottom extensions too, so an equity market…

The most recent weakness in the 2106 equity market drop has produced some more bottom extensions in various parts of the world. These seem to have marked the end of the decline for now and a brisk 4% rally occurred…

The £/$ exchange rate has been weakening for a long time and has now made a couple of bottom extensions. it seems unlikely that this decline will end by simply reversing but it is possible. Even so, at least the…

There has been renewed weakness in equity markets today, taking prices back down to the bottom of the week’s ranges in the main US and European indices. There are conflicting signals at work here, so this is a very delicate…

There has been more chatter lately about the ‘competitive devaluation of currencies. This all started with an obvious side-effect of QE which is that printing more of a currency will reduce its value compared with others. This has led more…

There have been many more bottom extensions in equity indices around the world, particularly in the US. Many broad indices are included and some more sectors too. The sectors are not shown but are: Biotech, Utilities, Consumer Staples, minerals, Homebuilders…

World commodity prices have been falling for some considerable time and energy prices most dramatically so. There have been sporadic bottom extensions along the way that have marked bounces or flat periods and now we have another – in both…

The recent sell-off in world equity markets has now produced a few daily-scale bottom extensions. These have only occurred in some measures of Spain, Mexico and Taiwan and in two US sector ETFs – semiconductors and housebuilders: This serves as…

Both New York and London cocoa markets have made bottom extensions in the last 24 hours, so either may now be bought:

A sharp two-day drop in Chinese stock markets is being blamed for the general weakness that has gripped world equity markets in the first trading days of 2016.  This is surprising as China’s equity markets have usually ‘gone their own…