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Macroeconomic Analysis And Trading Ideas

Weekly Review: Remaining Bearish (Read for Fundamentals) Let´s order the weekly ideas: 1. Executive committee of the ECB will speak on Monday, maybe give some new updates about negative interest rates 2. Tuesday is about confidence indicators which I expect them to fall 3. Rest of the week is mostly about US employment and first debate on Wednesday between Biden and Trump Regarding the markets, new outbreaks have put the recovery on hold and the consumer sentiment is being affected and is becoming a warning factor for the markets in the short-term. Moreover, the vaccine discovery has been delayed. Facing the week, we have a weak market where none of the events of the short-term has the potential to turn around the bearish sentiment. - Advise to take a short position for the week. (Follow me for more weekly analyses and how to position your market portfolio regarding the upcoming elections)
SP:SPXShort
by PepeMafia
Weekly Review: Healthy Correction Needed (Read for Fundamentals)I believe this recent correction in the markets is more of an eventual profit taking event rather than a structural adjustment. The technology sector still offers growth potential in the medium term. It is logic and healthy for the market to correct after such a strong bull run. Looking forward into the new week: 1.Central bank meetings No change in interest rates expected, will maintain dovish position. 2.Indicators In macro terms, indicators will keep recovering. Lateral week is expected consolidating the levels from previous weeks. In medium term, slightly more bullish position despite big volatility also being expected.
SP:SPXLong
by PepeMafia
Weekly Review: Bullish Inertia Remains (Read for Fundamentals)Bullish sentiment remains in the markets, despite some noise in the background. Where to look at: - Vaccine (expected to be released earlier than expected) o Can surprise positively - China – USA o Actual situation is not that tense, which may change - Technology (it has changed more into safe heaven rather a rick sector) o Salesforce provided good guidance PMIs and Job data to watch out for this week. - These indicators will manifest USA will recover employment quicker but it will take more time to Europe Overall, the markets will be more active because of the return from holidays and if we see good job data and PMIs, the markets can be in for another bullish week.
SP:SPXLong
by PepeMafia