Bull against bear
Financial markets, macro economics, politics and everything else concerning the global markets. The writer is a long time investment banking operative in the nordic markets. The blog is usually updated once a week with specific trading advice. On a monthly basis, the goal is to provide a strategy update. In addition to that, there will be posts of more general content, housing bubbles, investment strategies and more.
July 9, 2013
weekly update 7/9
Sticking to plan in previous post and staying short here. Both equities and broad based commodities basket. Very strong "short" focus by also being long the dollar vs various other currencies. Sure it is possible we will see the squeeze continuing one more week but up here it is not worth chasing even if the last points in a bull run squeeze like this is very "easy" money for the correctly positioned traders. With easy, I mean that it is usually a low volume, quick increase in asset prices, compared to the more long term fundamentally anchored increase that is more choppy.
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