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

US Treasury (10 Yr Generic) / Technical Analysis

US 10yr yield bear call in March is nearing our key downside target that was at 1.35% and now raised to 1.37% given the time translation rise in trendline support. DXY has held lows and needs to push through 90.50/70 to challenge bigger resistance at 91.70/92.A break below 1.37% trendline support on a sustained basis would be a game changer for the yield trend (lower toward 1.20%) but more importantly would deflate USD support. We are betting trendline support initially holds and will help a tactical USD bounce cycle.Euro secondary failure at 1.22 is important.Risk red flags: AUD and NZD top caps and bear impulse raises risk red flags ahead of the late June risk turn cycle (weaker seasonality for US equities).

US 10yr yield bear call in March is nearing our key downside target that was at 1.35% and now raised to 1.37% given the time translation rise in trendline support. DXY has held lows and needs to push through 90.50/70 to challenge bigger resistance at 91.70/92.A break below 1.37% trendline support on a sustained basis would be a game changer for the yield trend (lower toward 1.20%) but more importantly would deflate USD support. We are betting trendline support initially holds and will help a tactical USD bounce cycle.Euro secondary failure at 1.22 is important.Risk red flags: AUD and NZD top caps and bear impulse raises risk red flags ahead of the late June risk turn cycle (weaker seasonality for US equities).

US 10yr Yield Support Will Define the USD

Fixed Income and Currency Strategist

Gautam Jain, PhD, CFA

FX & Rates

In our monthly trade ideas recap note, we list the current trade recommendations that we make on a weekly basis and discuss whether any need to be closed. We have made a total of 15 trade recommendations so far, of which 11 are in the money.

In our monthly trade ideas recap note, we list the current trade recommendations that we make on a weekly basis and discuss whether any need to be closed. We have made a total of 15 trade recommendations so far, of which 11 are in the money.

Alpha Bites: Monthly Trade Ideas Recap – Jun 2021

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Today we highlight several metrics which provide evidence that risk appetites are improving, not deteriorating. This is a bullish signal for the broad market. Still, we continue to see a mixed market environment, but we remain constructive overall with the S&amp;P 500 holding above short-term support at the 50-day moving average and 4056.

Today we highlight several metrics which provide evidence that risk appetites are improving, not deteriorating. This is a bullish signal for the broad market. Still, we continue to see a mixed market environment, but we remain constructive overall with the S&amp;P 500 holding above short-term support at the 50-day moving average and 4056.

Risk Appetites Improving, A Bullish Sign; Downgrading Technology To Underweight

As the correlation of rates in Asia and Latin America touches its lowest level in multiple years, we point out that historically such extremes don't last, implying better performance for LatAm rates ahead.Separately, the attached file is a snapshot of the EM 10y rates market in which we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to an EM rates index.

As the correlation of rates in Asia and Latin America touches its lowest level in multiple years, we point out that historically such extremes don't last, implying better performance for LatAm rates ahead.Separately, the attached file is a snapshot of the EM 10y rates market in which we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to an EM rates index.

Rates 10y Dashboard: Regional Correlations Within EM Break Down

The 10-year tenor of EM rate curves has been pricing in risk premia primarily due to rising fiscal risks, while rates in the 2-year tenor have risen due to rising inflationary risks.  The 5-year tenor has been impacted by both risks and, in general, has cheapened more than the other tenors.Separately, the attached file is a snapshot of the EM 10y rates market in which we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to an EM rates index.

The 10-year tenor of EM rate curves has been pricing in risk premia primarily due to rising fiscal risks, while rates in the 2-year tenor have risen due to rising inflationary risks.  The 5-year tenor has been impacted by both risks and, in general, has cheapened more than the other tenors.Separately, the attached file is a snapshot of the EM 10y rates market in which we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to an EM rates index.

Rates 10y Dashboard: 5-Year Is the Most Attractive Tenor in EM Rate Curves

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US Treasury (10 Yr Generic) (GT10 GOVT)

US 10yr Yield Support Will Define the USD

US 10yr yield bear call in March is nearing our key downside target near 1.37% trendline support. DXY has held lows and needs to push through 90.50...

Thomas Schroeder

Alpha Bites: Monthly Trade Ideas Recap – Jun 2021

In our monthly trade ideas recap note, we list our current recommendations and discuss whether any need to be closed. We have made a total of 15...

Gautam Jain, PhD, CFA

Risk Appetites Improving, A Bullish Sign; Downgrading Technology To Underweight

Below we highlight several metrics which provide evidence that risk appetites are improving, not deteriorating. This is a bullish signal for the...

Vermilion Research

Rates 10y Dashboard: Regional Correlations Within EM Break Down

As the correlation of rates in Asia and LatAm touches its lowest level in multiple years, we point out that historically such extremes don't last,...

Gautam Jain, PhD, CFA

Rates 10y Dashboard: 5-Year Is the Most Attractive Tenor in EM Rate Curves

The 5-year tenor of EM curves has been impacted by both fiscal and inflation risks and, in general, has cheapened more than the other tenors.

Gautam Jain, PhD, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)