The Private Lunch Weekly Update

We had a barrage of bearish headlines all week long and yet we closed just 2.2% from all time highs. The irony is that we are seeing near bearish extremes being printed across our data sets. Our model now shows an volatility risk premium of about 6.3 volatility...

The Private Lunch – A Quick Update

It may seem like all that is driving price actions these days is headline after headline about the Trade War and the president. That is not wrong, yet we are barely off all time highs. So what is happening? Sector correlation is rampant levitating the market as money...

Sentiment Report (free)

We have added a free resource. Our own take on the commitment of traders in pictures rather than numbers. The whole thing can likely be digested in 30 seconds and under. Updated once weekly, on Friday. We hope you enjoy. Sentiment...

Monday, 23rd September 2019

Riskdial @ -4, almost unchanged on the day. This constant movement either side of neutral basically says not to chase. Whatever trend there is, is weak and vulnerable to quick reversals. It is a low volatility environment and sell puts rather than own outright for...

Thursday, 1st August 2019

Riskdial @ +19, down about 20 with the fall in the market.  This is obviously a correction which will probably peter out at the mid line in Deviations: 292.3. After that we have 286.4 as a big level. The Deviations red line comes in at 307.4, so a full 3% higher than...
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