Categories
Market Dynamics Smart Alpha View from the Edge

Market Weather Report – Round the Horn

One reason that we call this report “The Weather report” is that the analogies with multiple elements  of Value, Momentum and Uncertainty impacting markets in a continuous way chimes with the idea of Currents, Tides and Winds, all impacting the navigation of the high seas. Whatever the nature of the vessel concerned or the skills, experience […]

Categories
Equity Market Data Market Dynamics Smart Alpha View from the Edge

Do you feel lucky punk?

Reporting on what has been going on and why is one thing. Knowing what to do about it and when is another altogether.

Categories
General Market Dynamics Smart Alpha

For the Europhiles out there. New and Old

Everything we do at Libra is from ‘the bottom up.’ The sector and market signals are an aggregation from the signal stock level. Investors can start at the market level and cascade from sectors to stocks to see the best opportunities.

Categories
Market Dynamics Smart Alpha

Am I hallucinating?

As the (still ongoing) fallout from the market turmoil starts to be evaluated, there has been a natural temptation to rationalise and understand recent activity through the traditional lens of cause and effect:  “… (A) market response to an (un)anticipated event occurred because Event X threatened to provoke subsequent (negative) Outcome Y and markets reacted […]

Categories
General Market Dynamics Smart Alpha Stock View View from the Edge

Tesco – Sale!

As someone who has been around long enough to be following Tesco’s stock market journey since the late 1980’s I found myself bemused by the share price reaction to the news that Asda was on the verge of announcing a price war. Over the years we have got used to price wars, particularly the threat […]

Categories
General Market Dynamics Smart Alpha

When the cockpit goes dark

Investors thought they had entered the year with complete clarity. US exceptionalism being just one of those factors. Last years winners would be this year’s winners etc. Sure, there would be change under Donald Trump’s presidency but no-one forecast what has happened and would happen and for investors, to use an excellent analogy the cockpit […]

Categories
General Market Dynamics Smart Alpha Stock View View from the Edge

Barely a pulse.

A series of individual stock concerns in both the US and Europe – think Glaxo Smith Kline, Moderna, Astra Zeneca, Eli Lilly, Smith and Nephew, Merck and even Novo Norsdisk added to the fact that the new Trump administration may not be friendly for the sector has seen the sector in a Trump Slump.

Categories
General Market Dynamics Stock View Uncategorized

French Toast

President Macron’s decision to call a snap election has had a dramatic effect on bond and equity markets to the extent that and even before Marine Le Pen offered a concilliatory olive branch, we were looking at some Indicators and signals coming from Apollo that might suggest some interesting investment opportunities are beginning to show […]

Categories
Market Dynamics Smart Alpha

From 0.4% to 4.0% – the derating of the SP500

How Apollo signals can help to gauge the market. As a first blogpost, it seemed timely to showcase how some of the Apollo signals and indicators can inform us about the prospects for the US market over the next twelve months.