Category: Your Money

Opening Bell 22.10.2018

Your world at 9am

world equity market heatmap

Equities

Major
DAX(DEU) -0.31%
CAC(FRA) -0.63%
UKX(GBR) +0.32%
NKY(JPN) -0.31%
SPX(USA) -0.04%
MINTs
JCI(IDN) +0.16%
INMEX(MEX) +0.91%
NGSEINDX(NGA) +0.54%
XU030(TUR) -1.18%
BRICS
IBOV(BRA) +0.44%
SHCOMP(CHN) +3.63%
NIFTY(IND) -1.43%
INDEXCF(RUS) -0.01%
TOP40(ZAF) -0.09%

Commodities

Energy
Brent Crude Oil +0.16%
Natural Gas -1.38%
Ethanol -0.94%
Heating Oil +0.16%
RBOB Gasoline -0.07%
WTI Crude Oil +0.29%
Metals
Copper +0.49%
Platinum +0.17%
Palladium +0.90%
Silver 5000oz +0.00%
Gold 100oz +0.00%

Currencies

USDEUR:+0.01% USDJPY:+0.03%

MINTs
USDIDR(IDN) +0.03%
USDMXN(MEX) -0.14%
USDNGN(NGA) +0.06%
USDTRY(TUR) +0.20%
BRICS
USDBRL(BRA) -0.33%
USDCNY(CHN) +0.05%
USDINR(IND) +0.11%
USDRUB(RUS) +0.29%
USDZAR(ZAF) -0.21%
Agricultural
Sugar #11 +0.43%
Cocoa +0.00%
Corn -0.14%
Feeder Cattle -0.37%
Lean Hogs -0.82%
Lumber +0.93%
Orange Juice -2.56%
Soybean Meal -0.98%
Cattle -0.58%
Cotton +0.60%
Soybeans +0.09%
Coffee (Arabica) -0.25%
Coffee (Robusta) +0.00%
Wheat -0.53%
White Sugar +0.00%

Out of 43 world ETFs listed in NYSE that we track, 9 are trading above their 10-day SMA and 5 are trading above their 50-day SMA.

Must Reads

Haste Makes Waste
I’m going to try to explain what’s going on in VC. First, a story about fish. Take two groups of identical baby fish. Put one in abnormally cold water; the other, abnormally warm water.

Hype and facts on free trade
from C. P. Chandrasekhar Voices questioning the claim that nations and the majority of their people stand to gain from global trade are growing louder.

Opinion | There are no viable alternatives to inflation targeting
Those who do not like inflation targeting may well say good riddance if that were to happen.

A Lost Decade of Dollar Cost Averaging
Investors who dutifully put money into the stock market on a periodic basis over the decade ended in 2009 would have felt dejected when looking at their statements.

The big challenge of shadow banking in India
The overall NPA ratio of NBFCs has worsened in recent years and capital adequacy has been hit.

Investors sitting on $40 billion capital reserves for India
The levels of investible capital available with private investors are at a record high. Graphic: Mint Mumbai: Dry powder, or the collective pile of investible capital available with private investors, in India is at about $40 billion, according to an analysis by audit and consulting firm EY.

Everything You Know about Cross-Country Convergence Is (Now) Wrong
A quarter-century after the empirical growth literature set out to explain why poor countries aren’t catching up with rich ones, cross-country regressions have mercifully gone out of fashion. But in the interim, the core facts have changed.

How Manhattan Became a Rich Ghost Town
These days, walking through parts of Manhattan feels like occupying two worlds at the same time. In a theoretical universe, you are standing in the nation’s capital of business, commerce, and culture.

Check out our Global Macro Dashboard for currency, commodity, bonds and credit charts.

Good luck!

Options Daily 22.10.2018

NIFTY Summary:

  1. Nov 10600 calls added 2,24,325 contracts.
  2. Nov 11900 calls shed 6,000.
  3. Nov 9800 puts added 5,63,700.
  4. Nov 10500 puts shed 71,025.

Our trend model indicates a SHORT on the NIFTY and SHORT on the BANKNIFTY.

Avg. True Range

NIFTY.50 NIFTY.BANK
3 201.94 519.35
5 203.28 545.60
10 201.11 549.66
20 194.34 536.34

NIFTY 50 NIFTY BANK
TrueRange 203.45 355.25
TrueHigh 10453.05 25277.90
TrueLow 10249.60 24922.65
Avg. True Range

NIFTY.50 NIFTY.BANK
3 201.94 519.35
5 203.28 545.60
10 201.11 549.66
20 194.34 536.34

NIFTY 50 NIFTY BANK
TrueRange 203.45 355.25
TrueHigh 10453.05 25277.90
TrueLow 10249.60 24922.65
Avg. True Range

NIFTY.50 NIFTY.BANK
3 201.94 519.35
5 203.28 545.60
10 201.11 549.66
20 194.34 536.34

NIFTY 50 NIFTY BANK
TrueRange 203.45 355.25
TrueHigh 10453.05 25277.90
TrueLow 10249.60 24922.65

Nifty 50 Returns Density Plot

NIFTY 50 kernel density plot

OCT NIFTY OI

OCT NIFTY OI chart

OCT BANKNIFTY OI

OCT BANKNIFTY OI chart

NOV NIFTY OI

NOV NIFTY OI chart

NOV BANKNIFTY OI

NOV BANKNIFTY OI chart

NIFTY Weighted Avg. Open Interest

NIFTY Weighted Avg. Open Interest chart

OCT NIFTY Volatility

OCT NIFTY Volatility chart

OCT BANKNIFTY Volatility

OCT BANKNIFTY Volatility chart

NOV NIFTY Volatility

NOV NIFTY Volatility chart

NOV BANKNIFTY Volatility

NOV BANKNIFTY Volatility chart
Dotted lines indicated actual underlying volatility. Solid lines are IVs.

VIX Density Plot

VIX kernel density plot

5-day forecast based on ARMA(3,1)+GARCH(1,1) model:

VIX 19.51 19.47 19.33 19.28 19.16
σ 1.25 1.17 1.10 1.04 0.99

Marketwide OI

Securities under ban today: ADANIPOWER, DHFL, JETAIRWAYS.
market wide position limit chart

NASDAQ OMX Commodities Index Update 21.10.2018

52-week Highs



NASDAQ Commodity White Sugar Index TR (NQCISWTR)

52w H 13143838 png
NASDAQ Commodity Natural Gas Index TR (NQCINGTR)

52w H 13143798 png

52-week Lows



NASDAQ Commodity Lead Index TR (NQCIPBTR)

52w L 13143790 png
NQ US Bnchmk Commodity Chemicals TR Index (NQUSB1353T)

52w L 13134145 png

100-day Returns


top 5
NASDAQ Commodity Natural Gas Index TR (NQCINGTR) 12.98
NASDAQ Commodity White Sugar Index TR (NQCISWTR) 10.92
NQ US Bnchmk Commodity Chemicals TR Index (NQUSB1353T) -12.88
NASDAQ Commodity Lead Index TR (NQCIPBTR) -19.38
bottom 5
NASDAQ Commodity Lead Index TR (NQCIPBTR) -19.38
NQ US Bnchmk Commodity Chemicals TR Index (NQUSB1353T) -12.88
NASDAQ Commodity White Sugar Index TR (NQCISWTR) 10.92
NASDAQ Commodity Natural Gas Index TR (NQCINGTR) 12.98

200-day Returns


top 5
NASDAQ Commodity Natural Gas Index TR (NQCINGTR) 13.35
NASDAQ Commodity White Sugar Index TR (NQCISWTR) 1.00
NQ US Bnchmk Commodity Chemicals TR Index (NQUSB1353T) -14.21
NASDAQ Commodity Lead Index TR (NQCIPBTR) -21.11
bottom 5
NASDAQ Commodity Lead Index TR (NQCIPBTR) -21.11
NQ US Bnchmk Commodity Chemicals TR Index (NQUSB1353T) -14.21
NASDAQ Commodity White Sugar Index TR (NQCISWTR) 1.00
NASDAQ Commodity Natural Gas Index TR (NQCINGTR) 13.35

50-day Acceleration


top 5
NASDAQ Commodity Natural Gas Index TR (NQCINGTR) 2.98
NASDAQ Commodity Lead Index TR (NQCIPBTR) 0.43
NASDAQ Commodity White Sugar Index TR (NQCISWTR) -2.90
NQ US Bnchmk Commodity Chemicals TR Index (NQUSB1353T) -4.80
bottom 5
NQ US Bnchmk Commodity Chemicals TR Index (NQUSB1353T) -4.80
NASDAQ Commodity White Sugar Index TR (NQCISWTR) -2.90
NASDAQ Commodity Lead Index TR (NQCIPBTR) 0.43
NASDAQ Commodity Natural Gas Index TR (NQCINGTR) 2.98

100-day Acceleration


top 5
NASDAQ Commodity Natural Gas Index TR (NQCINGTR) 40.64
NASDAQ Commodity Lead Index TR (NQCIPBTR) 9.00
NQ US Bnchmk Commodity Chemicals TR Index (NQUSB1353T) 8.44
NASDAQ Commodity White Sugar Index TR (NQCISWTR) -1.22
bottom 5
NASDAQ Commodity White Sugar Index TR (NQCISWTR) -1.22
NQ US Bnchmk Commodity Chemicals TR Index (NQUSB1353T) 8.44
NASDAQ Commodity Lead Index TR (NQCIPBTR) 9.00
NASDAQ Commodity Natural Gas Index TR (NQCINGTR) 40.64

Check out our international momentum dashboard here.