Risk-Off Moves Returning – ValueWalk

Risk-Off Moves Returning

In step with the urgent circumstances I informed you about on Jul 29 at my web site, at the moment’s report will once more should be approach shorter than common, and focus solely on choose charts in order to drive place particulars of all of the 5 publications.

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Q2 2021 hedge fund letters, conferences and more

This Tiger grand-cub was flat throughout Q2 however is prepared for the return of volatility

Tiger Legatus Grasp Fund was up 0.1% web for the second quarter, in comparison with the MSCI World Index’s 7.9% return and the S&P 500’s 8.5% acquire. For the primary half of the yr, Tiger Legatus is up 9%, whereas the MSCI World Index has gained 13.3%, and the S&P has returned 15.3%. Q2 2021 hedge Read More

Let‘s transfer proper into the charts (all courtesy of www.stockcharts.com).

S&P 500 and Nasdaq Outlook

S&P 500

Regardless of yesterday‘s upswing, S&P 500 retains going sideways, and the indications aren‘t all clear on the bulls‘ nice prospects. The vulnerability to a bear raid remains to be very a lot there.

Credit score Markets

Credit Markets

Credit score markets didn‘t actually reverse yesterday – the risk-off sentiment stays very a lot on regardless of HYG erasing intraday losses. The inventory market bulls aren‘t out of the woods regardless of the enhancing market breadth.

Gold, Silver and Miners


Miners’ sturdy exhibiting yesterday bodes effectively for each treasured metals, and I‘m searching for extra positive factors within the sector. Keep in mind that declining actual charges on account of the risk-off bond strikes, improve gold‘s attraction simply as a lot as any worries a couple of decelerating financial system or exterior shocks.

Crude Oil

Crude Oil

Yesterday‘s downswing was partially purchased, and the power sector improve (nice efficiency inside the S&P 500) would level to a reversal quickly. I‘m although not satisfied that the underside is in and that the bears have mentioned their final phrase.



Copper has traded on a weak be aware yesterday, and hasn‘t convincingly stabilized simply but. The amount indicating shopping for curiosity isn‘t there.

Bitcoin and Ethereum


Buying and selling little modified, each cryptos are greater than more likely to go increased subsequent, even when the indications aren‘t but hinting at that chance strongly. Ought to they flip from right here (probably within the present ambiance, alongside with PMs), that might be a promising signal for the bulls.


Instead of abstract at the moment, please see the above chart descriptions for my take.

Thanks for having learn at the moment‘s free evaluation, which is on the market in full right here at my homesite. There, you’ll be able to subscribe to the free Monica‘s Insider Club, which options real-time commerce calls and intraday updates for all of the 5 publications: Inventory Buying and selling Indicators, Gold Buying and selling Indicators, Oil Buying and selling Indicators, Copper Buying and selling Indicators and Bitcoin Buying and selling Indicators.


Monica Kingsley

Inventory Buying and selling Indicators

Gold Buying and selling Indicators

Oil Buying and selling Indicators

Copper Buying and selling Indicators

Bitcoin Buying and selling Indicators


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All essays, analysis and data symbolize analyses and opinions of Monica Kingsley which are based mostly on accessible and newest information. Regardless of cautious analysis and greatest efforts, it could show improper and be topic to alter with or with out discover. Monica Kingsley doesn’t assure the accuracy or thoroughness of the information or info reported. Her content material serves academic functions and shouldn’t be relied upon as recommendation or construed as offering suggestions of any sort. Futures, shares and choices are monetary devices not appropriate for each investor. Please be suggested that you just make investments at your personal danger. Monica Kingsley just isn’t a Registered Securities Advisor. By studying her writings, you agree that she won’t be held accountable or responsible for any selections you make. Investing, buying and selling and speculating in monetary markets could contain excessive danger of loss. Monica Kingsley could have a brief or lengthy place in any securities, together with these talked about in her writings, and should make extra purchases and/or gross sales of these securities with out discover.

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