HEDLines – Archive | HED Capital Management

Yen Bunds and Soya

October 15, 2021 Richard Edwards

(First published by email on Thursday 14th October) The YEN has been notably weak for most of this year, starting with a weekly-scale compression in late January. The drop continued in September after a daily -scale compression also broke downward…

HEDLines - Archive

Asian stocks perk up, US compresses.

October 12, 2021 Richard Edwards

There has been a collection of signals from various far-Eastern equity indices that indicate an up-move is likely to be underway. We have been broadly bullish for this region for a long time, although we were caught out by the…

HEDLines - Archive

US equity rally hits resistance, Copper too. Crude makes a top

September 29, 2021 Richard Edwards

In the last edition we forecast a bounce in US equities, which rose by 4% or so, from low to high point. The rally stalled, as also predicted, and now some indices have dropped right back, although others sustained some…

HEDLines - Archive

US Equity indices hit some support, Hong Kong too.

September 22, 2021 Richard Edwards

We have advised trading US equity indices from the short side since the June 29th edition. This advice was based on longer-term top extension signals (at a monthly scale!) seen a little earlier in the year, which implied that prices…

HEDLines - Archive

Nasdaq makes top extension, China & German equities

September 7, 2021 Richard Edwards

As we mentioned in Thursday’s seminar, there was a top extension in the main Nasdaq index last week. This comes at a time when we have been sceptical for some weeks about US equities ability to continue their bull run.…

HEDLines - Archive

$ bounces off new support, a note on US Stocks

August 18, 2021 Richard Edwards

The US$ has been in an uptrend since a low point in mid-May. We identified this a few weeks later, in the June 11 edition, when a compression formed and broke upward. There has been no need to amend that…

HEDLines - Archive

Precious metals extend

August 10, 2021 Richard Edwards

The sharp two-day drop in Gold Silver and Platinum has produced daily-scale bottom extensions in each one: This has the usual meaning – expect a bounce that may well end the drop hereabouts. It is always worth buying at bottom…

HEDLines - Archive

Sell bonds. An update on stocks

July 22, 2021 Richard Edwards

We wrote an edition on April 20th about the long-term prospects for government bonds. You can re-read it here. In it we said that we would be looking for places to trade with the new trend – that of rising…

HEDLines - Archive

US and European equity market update. Buy China and Malaysia

July 13, 2021 Richard Edwards

As reported, there were top extensions in several US equity indices last week, at a daily scale. There have since been new compression signals in the US mid-cap index at a daily scale and in various sector indices too. This…

HEDLines - Archive

Top extensions everywhere in US equities. Watch out

July 6, 2021 Richard Edwards

There were top extensions at a daily scale in many of the main US equity indices on Friday. This comes at a time when we have already seen weekly and monthly-scale top extensions in these same indices, so it comprises…