Author Archives: macromon

Perspective In The Permian

Posted on January 16, 2019 by macromon

For a bit of perspective, the entire state of California, which recently beat out the United Kingdom as the fifth biggest economy in the world, has around 10 active drilling rigs. The Permian Basin alone has nearly 500. Exxon Mobil … Continue reading →

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Stopped Out Of Pound And S&P

Posted on January 15, 2019 by macromon

We are out of our S&P short at 2604.  Totally mistimed the positive China stimulus rhetoric overnight.  Can’t win them on.  Clearly, new market psychology for new.  Look to sell higher unless decisive break about 2650.   On to the next … Continue reading →

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Investors Look to Earnings Amid Market Confusion

Posted on January 15, 2019 by macromon

Jan.14 — Bloomberg’s Lisa Abramowicz, Henry Peabody, portfolio manager at Eaton Vance Management, and Noah Weisberger, managing director at Sanford Bernstein, discuss market expectations for quarterly earnings. They speak with Bloomberg’s Jonatan Ferro on “Bloomberg Markets: The Open.” – Bloomberg … Continue reading →

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This Day In Financial History

Posted on January 15, 2019 by macromon

From the great Jason Zweig January 15: 1987: The New York Stock Exchange racks up daily volume of over a quarter-of-a-billion shares for the first time, as a total of 253.1 million shares are traded. http://www.nyse.com/marketinfo/

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The Best of CES 2019 – Engadget

Posted on January 15, 2019 by macromon

Oops, we made a mistake! Impossible Burgers are plant-based, not a lab-grown meat. Read more: https://www.engadget.com/2019/01/10/b…

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The 2020 Senate Map

Posted on January 14, 2019 by macromon

Break out the Lavender crayons.  Again. Hat Tip: @RedwoodGirl   Help keep the lights on at the Global Macro Monitor.   Contribute any amount based on your perception of our value added by clicking the PayPal donate widget at the right side … Continue reading →

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British Pound Trade – OCO Order

Posted on January 14, 2019 by macromon

We have over $8k unrealized profit in our cable trade and expect some two-way volatility around the BREXIT vote today. We are thus putting in an OCO (One-Cancels-The-Other) order on 5 contracts of B6H19 with a limit at 1.3050 and … Continue reading →

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UPDATE: S&P500 Short

Posted on January 14, 2019 by macromon

If you missed it, we sold five S&P500 e-minis at 2582 into the close.   The Doji like daily candlesticks over the past few trading sessions was our sell signal.  Note Doji’s have been the closest to ringing a bell at … Continue reading →

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Brexit by numbers: a few figures on May’s EU divorce woes

Posted on January 14, 2019 by macromon

With just one vote left on Theresa May’s EU divorce deal, Euronews’ Raw Politics team takes at a few Brexit numbers.… READ MORE : http://www.euronews.com/2019/01/14/br…

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S&P500 Key Levels

Posted on January 14, 2019 by macromon

Our daily Doji candlestick, though not perfect but close enough for government work, was triggered at the close.  The S&P rally has stalled and is having trouble cracking through 2600. Squeezey in the overnight session with futures up 16 handles, … Continue reading →

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