Category: Your Money

FRED Scan 23.10.2019

Gold Fixing Price 3:00 P.M. (London time) in London Bullion Market, based in British Pounds

Gold Fixing Price 3:00 P.M. (London time) in London Bullion Market, based in British Pounds

Term Repurchase Agreements: Total Securities Purchased by the Federal Reserve in the Temporary Open Market Operations

Term Repurchase Agreements: Total Securities Purchased by the Federal Reserve in the Temporary Open Market Operations

10-Year Treasury Constant Maturity Rate

10-Year Treasury Constant Maturity Rate

Treasury Inflation-Indexed Long-Term Average Yield

Treasury Inflation-Indexed Long-Term Average Yield

Opening Bell 22.10.2019

Your world at 9am

world equity market heatmap

Equities

Major
DAX(DEU) +0.91%
CAC(FRA) +0.21%
UKX(GBR) +0.18%
NKY(JPN) +0.25%
SPX(USA) +0.69%
MINTs
JCI(IDN) +0.09%
INMEX(MEX) +0.41%
NGSEINDX(NGA) -0.22%
XU030(TUR) -1.30%
BRICS
IBOV(BRA) +1.24%
SHCOMP(CHN) -0.03%
NIFTY(IND) +0.65%
INDEXCF(RUS) -0.01%
TOP40(ZAF) +0.65%

Commodities

Energy
Heating Oil -0.13%
Natural Gas +0.22%
RBOB Gasoline +0.07%
Brent Crude Oil -0.10%
Ethanol +0.00%
WTI Crude Oil +0.00%
Metals
Gold 100oz +0.00%
Silver 5000oz -0.23%
Palladium +0.71%
Copper -0.13%
Platinum +0.02%

Currencies

USDEUR:-0.01% USDJPY:+0.04%

MINTs
USDIDR(IDN) -0.18%
USDMXN(MEX) +0.02%
USDNGN(NGA) +0.42%
USDTRY(TUR) +0.02%
BRICS
USDBRL(BRA) +0.39%
USDCNY(CHN) +0.06%
USDINR(IND) -0.33%
USDRUB(RUS) +0.06%
USDZAR(ZAF) +0.07%
Agricultural
Lean Hogs +0.00%
Sugar #11 +0.00%
Cattle +0.00%
Cotton -0.15%
Lumber +0.00%
Coffee (Robusta) +0.00%
Corn -0.39%
Feeder Cattle +0.00%
Soybean Meal -0.06%
Wheat -0.67%
Cocoa +0.00%
Coffee (Arabica) +0.00%
Orange Juice +0.00%
Soybeans -0.11%
White Sugar +0.00%

Out of 43 world ETFs listed in NYSE that we track, 41 are trading above their 10-day SMA and 40 are trading above their 50-day SMA.

Must Reads

India moves closer to regulating internet services as it fears ‘unimaginable disruption to democracy’
India said on Monday that it is moving ahead with its plan to revise existing rules to regulate intermediaries — social media apps and others that rely on users to create their content — as they are causing “unimaginable disruption” to democracy.

Infosys management accused of taking unethical steps to boost financials
1 min read .

Opinion | Lessons we could learn from Kremer’s O-Ring theory
Even as India debates the achievement of a $5 trillion economy, the work of the third Nobel prize winner for economics this year, Michael Kremer, especially his O-Ring Theory of Economic Development, becomes significant.

If you’re so smart, why aren’t you rich? Turns out it’s just chance.
The distribution of wealth follows a well-known pattern sometimes called an 80:20 rule: 80 percent of the wealth is owned by 20 percent of the people. Indeed, a report last year concluded that just eight men had a total wealth equivalent to that of the world’s poorest 3.8 billion people.

Why small, mid-cap stocks don’t rally like Sensex, Nifty
Even though there may be nothing fundamentally wrong with a number of small and mid-cap stocks, they continue to be victims of a SEBI norm with regard to restructuring of equity schemes of mutual fund that has killed buying interest in them.

With shrinking trade deficit, India’s slowdown battle has got prolonged
India’s latest trade data reading is yet another reminder of anaemic economic growth. Recently, the International Monetary Fund’s chief, Kristalina Georgieva, said the impact of global slowdown was more pronounced in India. Indeed, the country’s subdued export growth mirrors that pain.

Down with looters
Prime Minister Narendra Modi speaks during an election campaign rally in Kharghar, in Maharashtra. (AP Photo) There are only two kinds of really rich Indians. Wealth creators and looters.

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

Good luck!

Options Daily 22.10.2019

NIFTY Summary:

  1. Oct 11900 calls added 2,01,225 contracts.
  2. Oct 12000 calls shed 3,19,200.
  3. Oct 11500 puts added 5,31,975.
  4. Oct 11000 puts shed 1,46,325.

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

Avg. True Range

NIFTY.50 NIFTY.BANK
3 132.13 523.58
5 141.03 617.44
10 155.00 705.22
20 166.33 741.57

NIFTY 50 NIFTY BANK
TrueRange 131.55 385.40
TrueHigh 11684.70 29249.50
TrueLow 11553.15 28864.10
Avg. True Range

NIFTY.50 NIFTY.BANK
3 132.13 523.58
5 141.03 617.44
10 155.00 705.22
20 166.33 741.57

NIFTY 50 NIFTY BANK
TrueRange 131.55 385.40
TrueHigh 11684.70 29249.50
TrueLow 11553.15 28864.10

Nifty 50 Returns Density Plot

NIFTY 50 kernel density plot

OCT NIFTY OI

OCT NIFTY OI chart

OCT BANKNIFTY OI

OCT 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
Dotted lines indicated actual underlying volatility. Solid lines are IVs.

VIX Density Plot

VIX kernel density plot

5-day forecast based on ARMA(0,0)+GARCH(1,1) model:

VIX 14.27 14.27 14.27 14.27 14.27
σ 1.58 1.53 1.48 1.45 1.42

Marketwide OI

market wide position limit chart

FRED Scan 22.10.2019

Gold Fixing Price 3:00 P.M. (London time) in London Bullion Market, based in British Pounds

Gold Fixing Price 3:00 P.M. (London time) in London Bullion Market, based in British Pounds

10-Year Treasury Constant Maturity Rate

10-Year Treasury Constant Maturity Rate

U.S. / U.K. Foreign Exchange Rate

U.S. / U.K. Foreign Exchange Rate

10-Year 0.375% Treasury Inflation-Indexed Note, Due 07/15/2025

10-Year 0.375% Treasury Inflation-Indexed Note, Due 07/15/2025

Opening Bell 21.10.2019

Your world at 9am

world equity market heatmap

Equities

Major
DAX(DEU) -0.17%
CAC(FRA) -0.65%
UKX(GBR) -0.44%
NKY(JPN) +0.28%
SPX(USA) -0.39%
MINTs
JCI(IDN) +0.36%
INMEX(MEX) -0.82%
NGSEINDX(NGA) -0.03%
XU030(TUR) +3.74%
BRICS
IBOV(BRA) -0.27%
SHCOMP(CHN) -0.09%
NIFTY(IND) +0.65%
INDEXCF(RUS) -0.01%
TOP40(ZAF) -0.41%

Commodities

Energy
RBOB Gasoline -0.39%
Brent Crude Oil -0.32%
Ethanol -1.03%
Natural Gas -0.30%
WTI Crude Oil -0.22%
Heating Oil -0.12%
Metals
Silver 5000oz +0.02%
Gold 100oz -0.03%
Copper +0.27%
Palladium +1.07%
Platinum +0.25%

Currencies

USDEUR:+0.12% USDJPY:+0.02%

MINTs
USDIDR(IDN) -0.14%
USDMXN(MEX) +0.10%
USDNGN(NGA) -0.02%
USDTRY(TUR) +0.13%
BRICS
USDBRL(BRA) -1.25%
USDCNY(CHN) -0.19%
USDINR(IND) -0.03%
USDRUB(RUS) +0.22%
USDZAR(ZAF) -0.28%
Agricultural
Soybeans +0.24%
White Sugar +0.00%
Cocoa +0.00%
Coffee (Arabica) +3.46%
Coffee (Robusta) +0.00%
Cotton -0.14%
Lumber -1.34%
Cattle -1.60%
Corn -0.26%
Feeder Cattle -0.31%
Lean Hogs +0.04%
Orange Juice -0.40%
Soybean Meal +0.36%
Sugar #11 +0.74%
Wheat -0.89%

Out of 43 world ETFs listed in NYSE that we track, 42 are trading above their 10-day SMA and 38 are trading above their 50-day SMA.

Must Reads

Here’s how the Singh brothers stripped Religare bare of ₹3,000 crore
NEW DELHI : Asset stripping is something that Indian promoters have perfected into an art form. For years, the Singh Bros – Malvinder Mohan Singh (MMS) and Shivinder Mohan Singh (SMS) have got away with the proverbial blue murder and finally their luck ran out with their recent arrest.

This economist has a plan to fix capitalism. It’s time we all listened
The idea that made Mariana Mazzucato one of the most influential economists in the world came to her in early 2011.

I’m an American doctor. Here’s the truth about Juul, vaping and legalizing marijuana
As a physician, I believe the medical community has a solemn responsibility to adhere to facts and evidence over hype and sensationalism. This is especially true when it comes to public health, for it is an integral part of our Hippocratic oath to “first, do no harm.

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

Good luck!