What If?

You know the market is in trouble when USDJPY ramps in the hours before the open and futures tumble into the red anyways.If you’re wondering why the BoJ picked this particular moment for USDJPY to break out, look no further than the NKD.  After guiding NKD higher for over 10 years, it doesn’t seem likely … continue reading →

Coincidences and Consequences

It’s interesting how Khashoggi’s murder top-ticked oil and gas prices… …and, so soon after Trump’s latest demand that OPEC lower oil prices. I’m certainly not insinuating that Trump had anything to do with Khashoggi’s murder. But, OPEC ignored Trump’s Sep 20 demand.  Two weeks later, oil prices had spiked 10% higher.  Since Oct 3, the … continue reading →