Alpha Seeking Nomads

Alpha Seeking Nomads

What is an alpha-seeking nomad? Financial TV is catering to their FOMO urges Adding back some energy exposure long Euro Stoxx 50 and 600 with some DeMark sell Countdown 13's Tesla earnings tonight and the conference call is a must-listen if you're a fan of fiction...
Alpha Seeking Nomads

First Call April 26, 2021

S&P futures down 0.1%, but off worst levels. Comes after the major US equity indexes finished lower last week. However, the index closed the week just 11 bp below its prior all-time high seen the prior Friday. IWM Erlanger ETS sell signal - see chart on note and...
Alpha Seeking Nomads

The Very Big Week Ahead April 25, 2021

The very big ahead will have the bulk of Q1 earnings, a Fed meeting, US Q1 GDP President Biden will also address Congress with his "American Families Plan" Most of the proposals including his tax plan have already been released Equity bullish sentiment remains near...
Alpha Seeking Nomads

Three Quick Thoughts For Friday

Three quick thoughts for Friday It's Friday and it's been a long week and I like to keep it short Taxes, Sentiment, and what might happen next week with a large inflow to bank balance sheets from the Fed No trade ideas changes yet I really like how the China Internet...
Alpha Seeking Nomads

First Call April 23, 2021

S&P futures up 0.2% after US equities came under some pressure on Thursday with the Dow, S&P, and Nasdaq all down nearly 1%. Asian markets mostly higher overnight with Hong Kong a standout, up over 1%, while Japan underperformed. European markets mostly lower....