Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

Recent shorts in metals did meet if not exceed downside targets at copper 4.0, palladium 2,350 with platinum still contending with triangulation. Short re cycle levels and break points are the focus.China and the USD are key inputs to drive a fresh down leg in base metals. The demand side of the equation (China) is overshadowing the USD pullback (nearing support). We are also moving into a seasonally weak period for risk.Gold remains bullish to test 1,850 where a tactical top is due.

Recent shorts in metals did meet if not exceed downside targets at copper 4.0, palladium 2,350 with platinum still contending with triangulation. Short re cycle levels and break points are the focus.China and the USD are key inputs to drive a fresh down leg in base metals. The demand side of the equation (China) is overshadowing the USD pullback (nearing support). We are also moving into a seasonally weak period for risk.Gold remains bullish to test 1,850 where a tactical top is due.

Call to short base metals saw a sharp decline and met key tactical targets with bounces viewed as a fresh selling opportunity. What is more concerning is the demand message such a move sends.Copper broke trendline support. Platinum's bounce was rejected under pivot resistance. Palladium's sharp decline warns of bigger problems below 2,450.Fresh sell levels are: Copper 4.18, platinum 1,030/20 and palladium near 2,450.

Call to short base metals saw a sharp decline and met key tactical targets with bounces viewed as a fresh selling opportunity. What is more concerning is the demand message such a move sends.Copper broke trendline support. Platinum's bounce was rejected under pivot resistance. Palladium's sharp decline warns of bigger problems below 2,450.Fresh sell levels are: Copper 4.18, platinum 1,030/20 and palladium near 2,450.

Our macro view has been and remains bullish the USD and bearish metals with copper as a tactical bounce play that will disappoint. Near term, a USD and yield dip will set up shorts in metals after gold's break below 1,790 pivot support.Platinum turned down from the top of the rising wedge at 1,150 and broke support at 1,050 that is now fresh short resistance.We are bullish yield from 1.13% on the 10yr and will be supportive in the next USD rally phase.Yield curve shows increasing evidence of steepening.

Our macro view has been and remains bullish the USD and bearish metals with copper as a tactical bounce play that will disappoint. Near term, a USD and yield dip will set up shorts in metals after gold's break below 1,790 pivot support.Platinum turned down from the top of the rising wedge at 1,150 and broke support at 1,050 that is now fresh short resistance.We are bullish yield from 1.13% on the 10yr and will be supportive in the next USD rally phase.Yield curve shows increasing evidence of steepening.

Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Founder & Chief Market Strategist - SAV Markets

Cross Asset Strategy

After the clean-out following the last FOMC we seem to be settling into a situation of lower long end bond yields, and a stable to, now, bearish looking USD.
The combination of lower long end yields and a lower USD in the short term provides a decent backdrop for precious metals to do well. They are all showing signs of life again…

After the clean-out following the last FOMC we seem to be settling into a situation of lower long end bond yields, and a stable to, now, bearish looking USD.
The combination of lower long end yields and a lower USD in the short term provides a decent backdrop for precious metals to do well. They are all showing signs of life again…

Managing Director

Elan Gore

TMI Data Science

TMI Data Science utilizes Natural Language Processing to build custom leading indicators using unstructured data sourced from the global financial, trade & traditional media.  Our proprietary software, TMI Machine, is a text-mining platform designed with the buy-side & capital markets professional in mind, text-mining the global media to discern and quantify nuanced qualitative shifts in press coverage as they apply to macroeconomics, equity indexes/ETFs, commodities, currencies, fixed income & individual equities.  TMI provides custom leading indicators and systematic trading strategies, operating at the nexus of linguistics & statistics drawing on vast experience in investment banking and hedge fund settings in senior quantitative and fundamental roles.  

TMI Data Science was founded by Elan Gore, an award-winning Senior Global Basic Materials Equity Analyst & China Economist with 15 years of experience in North American hedge funds & institutional managers; and Alessandro Porrino, Ph.D., an Algorithmic Trading Analyst and Programmer with 10 years of front-office experience ranging from complex FX option pricing to auto-hedging strategies at Bank of America Merrill Lynch and Standard Chartered.  Mr. Gore holds an MBA in Finance from New York University Stern School of Business, and Mr. Porrino holds a Ph.D. in Systems Engineering from Brunel University London.

Commodities

<ul>
<li>Last month our text-mined indicators highlighted a notable raw materials restocking underway for the second time since August; this theme did not slow down throughout December, ending the month at a new high</li>
<li>Though with very little discernible impact on commodities, our indicators saw Chinese macro sentiment peak earlier in December at +3x STDEV with some momentum lost on the margin since, driven by below-consensus Chinese retail sales and home price readings, continuing in recent days on lower-than-expected NBS and Caixin PMI releases</li>
<li>In the context of USD weakness, a wildly inflationary mindset in markets and a general restocking, commodity optimism has not wavered </li>
<li>Our commodity sentiment indicators saw broader momentum in December, with already-surging copper momentum joined by crude, aluminum, uranium and nickel; iron ore and steel may be coming off the boil, but markets remain extraordinarily tight</li>
<li>Gold sentiment appears to have fully stabilized after the post-election risk-on shock</li>
</ul><div class="content-highlight">TMI Data Science utilizes Natural Language Processing to build custom leading indicators using unstructured data sourced from the global financial, trade &amp; traditional media. Our proprietary software text-mines the global media to discern and quantify nuanced qualitative shifts in press coverage as they apply to macroeconomics, equity indexes/ETFs, commodities, currencies, fixed income &amp; individual equities. </div>


Last month our text-mined indicators highlighted a notable raw materials restocking underway for the second time since August; this theme did not slow down throughout December, ending the month at a new high
Though with very little discernible impact on commodities, our indicators saw Chinese macro sentiment peak earlier in December at +3x STDEV with some momentum lost on the margin since, driven by below-consensus Chinese retail sales and home price readings, continuing in recent days on lower-than-expected NBS and Caixin PMI releases
In the context of USD weakness, a wildly inflationary mindset in markets and a general restocking, commodity optimism has not wavered 
Our commodity sentiment indicators saw broader momentum in December, with already-surging copper momentum joined by crude, aluminum, uranium and nickel; iron ore and steel may be coming off the boil, but markets remain extraordinarily tight
Gold sentiment appears to have fully stabilized after the post-election risk-on shock
TMI Data Science utilizes Natural Language Processing to build custom leading indicators using unstructured data sourced from the global financial, trade &amp; traditional media. Our proprietary software text-mines the global media to discern and quantify nuanced qualitative shifts in press coverage as they apply to macroeconomics, equity indexes/ETFs, commodities, currencies, fixed income &amp; individual equities. 

TMI Indicators: Commodity Sentiment Review - Restocking On, But China Macro Momentum May Have Peaked

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Palladium (XPD COMDTY)

Metals Re Short/Breakout Levels

Recent shorts in metals did meet if not exceed downside targets at copper 4.0, palladium 2,350 with platinum still contending with triangulation....

Thomas Schroeder

Metals Short Targets Met - Red Flag

Call to short base metals saw a sharp decline and met key tactical targets with bounces viewed as a fresh selling opportunity. What is more...

Thomas Schroeder

Short Metals Targets

Our macro view remains USD bullish and bearish metals with copper as a tactical bounce play. A USD and yield dip will set up shorts in metals after...

Thomas Schroeder

Time for Precious Metals to Shine Again

The USD is beginning to come on the back foot again while long end yields refuse to rise. This combination sets the scene for precious metals to...

Shyam Devani

TMI Indicators: Commodity Sentiment Review - Restocking On, But China Macro Momentum May Have Peaked

TMI's commodity sentiment indicators saw improved breadth in December as restocking continues to drive reflation; but China macro momentum may have...

Elan Gore

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)