Futures & FX

Earnings Strategies

Today marks the largest number of U.S. companies reporting earnings and speculation for these earnings are running wild.
I typically only play earnings one way. I look for the highest speculation which translates into high implied volatility (IV). By looking for high IV on the day of earnings...

Emerging Money Daily Audio Call January 29

Emerging Money Daily Audio Call January 29 - CBs are bank in the headline and saving markets again. BOJ coins the new term “NIRP”.  What does it mean? 
What is does it mean for the USD, EM, and other CB activities?
Lots of data next week that will help frame the global economy discussion. ...

Emerging Money Daily Audio Call January 28

Emerging Money Daily Audio Call January 28 - Global markets are digesting a major cross current of macro, policy and bottom up news:  Oil/OPEC cuts? 
Fed post-mortem, Facebook and massive earnings slate.
Right now we stress that despite the better tone today to markets we are in a dangerous...

Emerging Money Daily Audio Call February 1

Emerging Money Daily Audio Call February 1 -  On today’s call we discuss:
China macro weakens and pressure from speculators increases on the currency.  Yeah no kidding, but what will PBoC do to counter this?
Fed on the tape today and its someone you should listen to. What did they say?
EM...

Emerging Money Daily Audio Call February 3

Emerging Money Daily Audio Call February 3 -  Global cross currents continue today as focus off oil and onto global financials. 
Why isn’t this 2008 for banks?
Currency moves can be explained by carry trades.  Is the move in the USD just a pause before resumption or have we turned around...

Emerging Money Daily Audio Call – February 2

Emerging Money Daily Audio Call - February 2 - On the call today we focus on US data and what could take markets lower as get into the teeth of some important readings in the US tomorrow through Friday.
Oil remains the sentiment driver and today prices are lower despite oil earnings across the...

Emerging Money Daily Audio Call February 4

Emerging Money Daily Audio Call February 4 - Global markets continue to trade with extreme correlation and sadly bad news is good news again for risk assets as the Dollar weakens on US economic reality check.
We continue to caution investors about getting whipped around in day to day volatility...

TOP-DOWN, BOTTOM-UP, OR SOMETHING IN-BETWEEN?

Please see the guest post from our friends at EMFM Investor:

By Asif Khan | Published on: February 3, 2016
Editor Note: Foreign exchange fluctuations and macro imbalances have a tremendous impact on stock returns in developing markets, making it essential to anticipate and adjust for these...

Emerging Money Daily Audio Call February 5

Emerging Money Daily Audio Call February 5 - For investors there are more questions than answers from this week’s trading and the weekend forces a fresh round of macro risk assessments.
What is the top of our focus list and what was the big trade this week that may reverse hard next week?...