Weekly Thoughts
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Stocks remain supported for now but Trump and Abe’s geopolitics must be watched carefully
Markets remain calm for now but geopolitical tensions rising US stock markets have remained relatively calm for now with tech-heavy Nasdaq once again outperforming other stock indices while VIX or the fear gauge…
July 5, 2020 -
Markets look well supported for now but wounded Trump could pose a big risk
Despite surging infections we see limited near term downside risks, particularly in Japan stocksAlthough Covid-19 infections have been raging unabated across the world, as we have underlined what matters most in terms…
June 27, 2020 -
Virus fears re-emerge while US presidential election run-up to dominate policies
US infection rates on the rise as White House ignores calls for caution Although Covid-19 infection rates have continued to surge across the world, particularly in Brazil and India, from the stock market…
June 20, 2020 -
Massive cash positions to support stock markets while 2nd wave of Covid-19 has yet to come
Our near term thesis of stocks remaining well supported being testedUS stocks tumbled last Thursday as concerns about the resurgence of Covid-19 infections in some parts of the US and the fast…
June 13, 2020 -
Bears abandon ship as US job growth returns but infection rates must be watched as lockdowns ease
Does anything matter to stock markets?The rally in US stocks continued last week as bears are now throwing the towel in droves. The unexpected surge in the May payroll numbers, a reflection…
June 6, 2020 -
Bombed out value names starting to shine while geopolitical tension seem to be more noise
‘Dash for trash’ sparks a potential change in market leadersRightly or wrongly, we have seen a notable shift in buying interest from technology names which had viewed as defensive and have massively…
May 30, 2020 -
Stock prices face limited downside risks despite rising geopolitical tensions
Tech stocks should continue to outperformWith S&P mainly range bound since the start of May, many market observers seem to suggest that US stocks have overshot the most likely recovery scenarios, at…
May 23, 2020 -
Overweight techs remain a strategic pillar while easing lockdowns bring other long/short opportunities
Tech sector remains the notable out-performer The correction in early days of May ended in the blink of an eye as the liquidity-driven US stock market melt-up resumed its course, gathering more steam…
May 9, 2020 -
Sell in May and go where?
Stock markets get a reality check but downside risks limited After the strongest US stock market rally in April since 1987, trading in the first day of May brought with it a sharpest…
May 2, 2020 -
Stock market rally continues for now but medium-term concerns keep us on the defensive
Stocks regain footing after a major oil wobbleFollowing a turbulent start to the week after an unprecedented plunge in the oil price, the US stock market which continues to lead the direction…
April 25, 2020