MM 17 November 2020

 Quotes

Every dog has its day: Dogs of the Dow

Every year, as traders close their books ahead of the holiday season, the worst performing Dow components are making a come back and outperforming the main index until the beginning of the following year. Here is an old chart illustrating. 

Seasonal behaviour 

Markets & Macro news

Vaccine news

All greed, no fear?

The market hates uncertainty

And prefers simple answers to complex problems

Yet for the investor, what is known is worthless, hence the trading adage that you should buy the rumour and sell the news and/or Rothschild’s old say that you should buy at the sound of the canon and sell at the sound of the trumpet. 

Buy low risk and high uncertainty, sell low uncertainty and high risk

Capex play have some catch up to do

China has already recovered, but may be rolling over

Inflation trade

Historic view of asset classes in the XIX century

Themes, Sectors & Corporate news

The cloud race