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NASDAQ Commodity HG Copper Index TR (NQCIHGTR)
NASDAQ Commodity Softs Index TR (NQCISOTR)
NASDAQ Commodity Silver Index TR (NQCISITR)
NASDAQ Commodity Tin Index TR (NQCISNTR)
NASDAQ Commodity Copper Index TR (NQCICUTR)
NASDAQ Commodity Lean Hogs Index TR (NQCILHTR)
NASDAQ Commodity Metals Index TR (NQCIMETR)
NASDAQ Commodity Platinum Index TR (NQCIPLTR)
NASDAQ Commodity Palladium Index TR (NQCIPATR)
NASDAQ Commodity Gold Index TR (NQCIGCTR)
NASDAQ Commodity Lead Index TR (NQCIPBTR)
NASDAQ Commodity Precious Metals TR (NQCIPMTR)
NASDAQ Commodity Robusta Coffee Index TR (NQCIRMTR)
NASDAQ Commodity Sugar Index TR (NQCISBTR)
NASDAQ Commodity Coffee Index TR (NQCIKCTR)
NASDAQ Commodity Industrial Metals TR (NQCIIMTR)
NASDAQ Commodity Zinc Index TR (NQCIZNTR)
| top 5 | |
|---|---|
| NASDAQ Commodity Lean Hogs Index TR (NQCILHTR) | 1.73 |
| NASDAQ Commodity Robusta Coffee Index TR (NQCIRMTR) | -5.96 |
| NASDAQ Commodity Industrial Metals TR (NQCIIMTR) | -8.96 |
| NASDAQ Commodity Palladium Index TR (NQCIPATR) | -9.03 |
| NASDAQ Commodity Tin Index TR (NQCISNTR) | -9.30 |
| bottom 5 | |
|---|---|
| NASDAQ Commodity Zinc Index TR (NQCIZNTR) | -25.25 |
| NASDAQ Commodity Sugar Index TR (NQCISBTR) | -18.76 |
| NASDAQ Commodity Platinum Index TR (NQCIPLTR) | -18.20 |
| NASDAQ Commodity Lead Index TR (NQCIPBTR) | -16.79 |
| NASDAQ Commodity Coffee Index TR (NQCIKCTR) | -16.13 |
| top 5 | |
|---|---|
| NASDAQ Commodity Tin Index TR (NQCISNTR) | -1.43 |
| NASDAQ Commodity Gold Index TR (NQCIGCTR) | -7.88 |
| NASDAQ Commodity Palladium Index TR (NQCIPATR) | -8.11 |
| NASDAQ Commodity Precious Metals TR (NQCIPMTR) | -9.17 |
| NASDAQ Commodity Metals Index TR (NQCIMETR) | -10.78 |
| bottom 5 | |
|---|---|
| NASDAQ Commodity Sugar Index TR (NQCISBTR) | -31.60 |
| NASDAQ Commodity Zinc Index TR (NQCIZNTR) | -24.63 |
| NASDAQ Commodity Coffee Index TR (NQCIKCTR) | -24.45 |
| NASDAQ Commodity Lean Hogs Index TR (NQCILHTR) | -18.99 |
| NASDAQ Commodity Lead Index TR (NQCIPBTR) | -18.77 |
| top 5 | |
|---|---|
| NASDAQ Commodity Sugar Index TR (NQCISBTR) | 39.56 |
| NASDAQ Commodity Zinc Index TR (NQCIZNTR) | 20.06 |
| NASDAQ Commodity Coffee Index TR (NQCIKCTR) | 8.41 |
| NASDAQ Commodity Softs Index TR (NQCISOTR) | 7.20 |
| NASDAQ Commodity Precious Metals TR (NQCIPMTR) | 4.42 |
| bottom 5 | |
|---|---|
| NASDAQ Commodity Silver Index TR (NQCISITR) | -8.77 |
| NASDAQ Commodity Lead Index TR (NQCIPBTR) | -5.80 |
| NASDAQ Commodity Tin Index TR (NQCISNTR) | -4.79 |
| NASDAQ Commodity Robusta Coffee Index TR (NQCIRMTR) | -4.50 |
| NASDAQ Commodity Metals Index TR (NQCIMETR) | -3.81 |
| top 5 | |
|---|---|
| NASDAQ Commodity Softs Index TR (NQCISOTR) | 8.41 |
| NASDAQ Commodity Silver Index TR (NQCISITR) | 8.39 |
| NASDAQ Commodity Lead Index TR (NQCIPBTR) | 7.06 |
| NASDAQ Commodity HG Copper Index TR (NQCIHGTR) | 3.28 |
| NASDAQ Commodity Industrial Metals TR (NQCIIMTR) | 2.14 |
| bottom 5 | |
|---|---|
| NASDAQ Commodity Metals Index TR (NQCIMETR) | -36.30 |
| NASDAQ Commodity Zinc Index TR (NQCIZNTR) | -30.68 |
| NASDAQ Commodity Palladium Index TR (NQCIPATR) | -8.93 |
| NASDAQ Commodity Platinum Index TR (NQCIPLTR) | -5.75 |
| NASDAQ Commodity Precious Metals TR (NQCIPMTR) | -3.19 |
| MINTs | |
|---|---|
| JCI(IDN) | +1.17% |
| INMEX(MEX) | +0.22% |
| NGSEINDX(NGA) | +1.88% |
| XU030(TUR) | +2.42% |
| BRICS | |
|---|---|
| IBOV(BRA) | -1.03% |
| SHCOMP(CHN) | -0.16% |
| NIFTY(IND) | +0.75% |
| INDEXCF(RUS) | -0.01% |
| TOP40(ZAF) | +0.19% |
| Energy | |
|---|---|
| Heating Oil | -0.17% |
| Natural Gas | -0.85% |
| Ethanol | -0.07% |
| RBOB Gasoline | -0.40% |
| Brent Crude Oil | -0.49% |
| WTI Crude Oil | -0.42% |
| Metals | |
|---|---|
| Gold 100oz | +0.00% |
| Platinum | +1.42% |
| Copper | +0.00% |
| Silver 5000oz | +0.00% |
| Palladium | +1.00% |
| MINTs | |
|---|---|
| USDIDR(IDN) | -0.03% |
| USDMXN(MEX) | +0.17% |
| USDNGN(NGA) | -0.04% |
| USDTRY(TUR) | +0.47% |
| BRICS | |
|---|---|
| USDBRL(BRA) | +0.13% |
| USDCNY(CHN) | -0.35% |
| USDINR(IND) | +0.38% |
| USDRUB(RUS) | +0.16% |
| USDZAR(ZAF) | +0.20% |
| Agricultural | |
|---|---|
| Cattle | +1.06% |
| Lumber | +3.28% |
| Sugar #11 | -0.68% |
| Wheat | -0.80% |
| White Sugar | +0.00% |
| Coffee (Robusta) | +0.00% |
| Corn | +0.14% |
| Lean Hogs | +5.81% |
| Soybeans | +0.99% |
| Cocoa | +0.00% |
| Coffee (Arabica) | -0.74% |
| Cotton | +0.00% |
| Feeder Cattle | +0.32% |
| Orange Juice | +0.81% |
| Soybean Meal | +0.06% |
Out of 43 world ETFs listed in NYSE that we track, 7 are trading above their 10-day SMA and 12 are trading above their 50-day SMA.
Dear public sector banks, don’t uncork the bubbly just as yet
The NPAs were created over a period of time. So, the public sector banks’ balance sheets cannot be cleaned up as quickly as we wish to.
The (real) cautionary tale of David Einhorn
Greenlight Capital’s David Einhorn was recently the subject of a widely-circulated hit piece by the Wall Street Journal, which came a few weeks in advance of Einhorn reporting a truly disastrous 18% loss in the first half of 2018 (in rising US markets).
Check out our Global Macro Dashboard for currency, commodity, bonds and credit charts.
Good luck!
NIFTY Summary:
Our trend model indicates a SHORT on the NIFTY and SHORT on the BANKNIFTY.
| NIFTY.50 | NIFTY.BANK | |
|---|---|---|
| 3 | 88.62 | 302.56 |
| 5 | 85.00 | 295.56 |
| 10 | 83.77 | 288.14 |
| 20 | 84.02 | 283.32 |
| NIFTY 50 | NIFTY BANK | |
|---|---|---|
| TrueRange | 101.40 | 351.60 |
| TrueHigh | 11486.45 | 28178.15 |
| TrueLow | 11385.05 | 27826.55 |
| NIFTY.50 | NIFTY.BANK | |
|---|---|---|
| 3 | 88.62 | 302.56 |
| 5 | 85.00 | 295.56 |
| 10 | 83.77 | 288.14 |
| 20 | 84.02 | 283.32 |
| NIFTY 50 | NIFTY BANK | |
|---|---|---|
| TrueRange | 101.40 | 351.60 |
| TrueHigh | 11486.45 | 28178.15 |
| TrueLow | 11385.05 | 27826.55 |
Dotted lines indicated actual underlying volatility. Solid lines are IVs.
5-day forecast based on ARMA(1,2)+GARCH(1,1) model:
| VIX | 13.22 | 13.25 | 13.28 | 13.30 | 13.33 |
| σ | 0.54 | 0.57 | 0.59 | 0.60 | 0.61 |
Securities under ban today: ADANIENT, ADANIPOWER, JETAIRWAYS, JISLJALEQS, RAYMOND.
