noninstitutional

05 May: WTI/DXY Ratio

WTI:DXY comparison chart is one of my favorite macro crude oil charts to look at because it provides a true GLOBAL price of oil adjusted to an entire basket of currencies, not just USD itself.  Once we take a look at the chart above we see just how RARE this drop is on a relative basis.  To put it in perspective, the WTI during $147 peak was 205% the DXY, and now it is just 12%!! (8% at the lows if you count that)…. needless to say this is a generational low.  the bigger issue is its running out of downside room so the bottom is approaching soon…

01 May: GAS

Gasoline or petrol is a derivative product of crude oil/petroleum. It is derived during fractional distillation process and has a translucent liquid form. It’s not used in its crude form. Different additives are added like ethanol to use it as fuel for passenger vehicles.

21 Apr: QCOM

QUALCOMM, Inc. engages in the development, design, and provision of digital telecommunications products and services. It operates through the following segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on technologies for the use in voice and data communications, networking, application processing, multimedia, and global positioning system products.

15 Apr: USDJPY

USDJPY is a major indicator of the Yen Carry Trade as Japanese citizens have the highest savings rate in the world and a larger portion of them invest in both our equities market as well as our US Treasury market, so any time they buy their yen are exchanged for US dollars thus putting upside pressure on USD & downside pressure on JPY naturally boosting this pairs ratio.

15 Apr: AUDUSD

The Australian Dollar (AUD) is the currency unit used in the Commonwealth of Australia. … The Dollar is rated by the World Foreign Exchange market as the fifth most-traded currency in the world. The Australian Dollar is also known as the “Aussie”.

07 Apr: BABA

Alibaba Group Holding Limited is a holding company. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (China) and internationally. Its businesses consist of core commerce, cloud computing,