International Flows and FX Risk

Month to date the market had seen the USD adding pressure to some countries, many commodities and some equity markets.  This is on risk that many companies in Asia and LatAm are not ready to hedge. North American companies and European are more used to than others to understand the FX risk. They usually have

Long term market Update

The SPX and NDX are showing more strength that I expected last few days. Today, we could end up with a bearish engulfing candle on daily SPX. R Option Model still flat even with the strong price action last week. In a monthly candles we are still below the last month close and high. Also

TOO MUCH EFFORT #ES 2813 could be the low

The bears are were able to show 3 consecutive lower low on ES Futures     The bears are were able to show 3 consecutive negation of 6900 on NQ Futures     The bears are were able to show a lower low after a test of the 26000 area on YM Futures If bears

STOXX 600 Earnings Outlook

STOXX 600 Earnings Outlook as of the close of today Fourth quarter earnings are expected to increase 11.9% from Q4 2016. Excluding the Energy sector, earnings are expected to increase 9.8%. Fourth quarter revenue is expected to increase 0.3% from Q4 2016. Excluding the Energy sector, earnings are expected to increase 0.5%. 27 companies in

Macro Analysis 2017 – R Option Model

Here you have the link to a video detailing data used by R Option model. There are open ended questions that I would enjoy to develop and discuss if you have a critical opinion. Use the channel to post questions. It would be easier to track than emails. The video develops some of my current

VIX TO REMAIN HIGHER

Based on Reuters data processed until now: Tracked Funds sold yesterday 0.85Bn USD in US Equities. Most of that cash went to money market, not bonds. On the other hand, SP500 Index Funds and Large-Cap Core Funds experienced inflows (at todays close I will have more data). The analysis of this data weekly data its