Should Correlations Drive Your Investment Decisions?

By Ron DeLegge Tuesday, May 10, 2016 5:57 PM EDT Do stock market correlations matter? Statisticians use correlations (or cross-correlation) to measure the relationship between asset classes or investments. The general idea is to better understand the similarity or dissimilarity in how investments perform against each other and to build a portfolio of investments that can benefit. The CBOE S&P 500 Implied Correlation Index (ChicagoOptions:^KCJ) also known as the “ICI”  is one such statistical measure that uses options to estimate the average correlation … Continue reading

Real Estate, Euro And Total Return ETFs To Watch This Week

The first day of trading in 2015 resulted in a nearly flat performance for the SPDR S&P 500 ETF (NYSE: SPY). Under the surface, however, traders are positioning for what could be a return of volatility in the New Year after a relatively placid 12 months. The week ahead features a robust economic calendar that includes monthly non-farm payroll data, FOMC minutes and December motor vehicle sales. The markets will also be preparing for fourth quarter earnings from companies such … Continue reading

USD/JPY eases from highs, back to 103.80 ahead of NFP

After reaching fresh highs above the 104.00 handle on Thursday, USD/JPY has now slipped back to the 103.85/80 band. USD/JPY attention to Payrolls Despite the current slide, spot keeps its rally intact at the end of the week, advancing for the second consecutive week and up around 4 cents since recent lows in the 100.00 neighbourhood seen in early September. Along with the continuation of the selling bias around the Japanese safe haven, the greenback has been gathering extra pace … Continue reading

whats the difference between Subscribers and Trackers?

whats the difference between Subscribers and Trackers? With Campaigns, you can trigger a series of messages based on what Tags have been applied to your subscribers. Using Ad Tracking, you can see which subscribers signed up through a particular form, and create a segment in your list. You can also use Ad Tacking to trigger a Campaign based on what form a subscriber used to sign up to your list. This article will walk through the differences between Ad Tracking … Continue reading

This Company Uses Bitcoin Blockchain For Medical Marijuana DNA

This Company Uses Bitcoin Blockchain For Medical Marijuana DNA A molecular information company called Medicinal Genomics (MCG) has partnered with 12 cannabis processors and cultivators to develop genomics-based safety and quality standards, and they are using the bitcoin blockchain to track DNA sequencing cannabis strains. Inconsistent Strains Pose Challenge The lack of consistent cannabis strains from the same grower can pose medical challenges for patients since even slight changes in a plant’s genetics can impact the strain’s effectiveness. Many patients require … Continue reading

BK Forex News Signals

At BK we’ve developed a proprietary model to forecast news.  We spent thousands of man-hours developing a system to predict economic surprises and we share these predictions with our subscribers every day. We make 1 to 3 calendar calls daily and send out between 8 to 12 recommendations per week. These are soft recommendations that provide potential trading setups based on the economic data surprises. Not only do we tell you what a constitutes a surprise but we also provide … Continue reading

EM FX update

EM FX is now stronger than pre-referendum levels The key question is where do we go from here? While the belief that Brexit is not a systemic, one-off risk event has become prevalent and aided the rally, we still recommend approaching EM FX with caution, particularly at these levels. In sum, we believe we are entering an environment where EM rates (and credit) could rally because of yield compression, but EM FX remains more volatile and somewhat directionless. There are … Continue reading

Long term suggestions “signals”

Long term suggestions “signals” As a function of the UK’s “Leave” decision at the June 23 Brexit referendum, our economists have materially downgraded their expectations for the UK and European economies vis-à-vis the rest of the world. In the same context, we are making material revisions to our FX forecast set. Having been wrong about the outcome of the referendum, we are lowering our 3m GBPUSD forecast to 1.22 from levels 1.58 previously. This is consistent with the “leave” outcomes we … Continue reading

Trading in Volatile Markets

Trading in Volatile Markets We would like to take this opportunity to remind you of the measures Bank of America Merrill Lynch (BofAML) has in place for trading in volatile market conditions. In periods of extreme volatility, we have on some occasions seen delays to trades, including requests for quotes (RFQs), order taking, order processing, price streaming and/or market data dissemination.  As a reminder, we are not obligated to provide price streaming, respond to RFQs, or accept orders for execution … Continue reading