GoldFix (private feed for gemselle@yahoo.fr)
Technology
Markets: What Gets Gold Going, Bitcoin Roofing
Housekeeping: Good Morning. What gets PM Going, Bitcoin roofing, Excellent CTA coverage (Prem)
WOTD:
Anfractuous- adjective: Full of twists and turns.
ETYMOLOGY: From Latin anfractus (winding), from an- (around) + fractus, past participle of frangere (to break). Earliest documented use: 1425.
USAGE: “Yesterday the market chopped me up. It was anfractous”
Contents
* Current Prices
* Yesterday’s Activity
* Data Due
* News
* Markets/Metals Commentary
* Attached:
COTD:
Yesterday’s Activity:
Comment:
* Precious Metals-
* Oil/NG-
* US equities-
* Bonds-
* DX-
* BTC/ETH- orders indicate new ATH 30,40k 50,60k 70k
Week’s Data:
* MONDAY, FEB. 26 New home sales
* TUESDAY, FEB. 27 Durable-goods orders
* WEDNESDAY, FEB. 28 GDP (first revision)
* THURSDAY, FEB. 29 PCE index 0.3% 0.2%
* FRIDAY, MAR 1 S&P U.S. manufacturing PMI
Full calendar
News:
Top MSM News Links Here
NOTABLE HEADLINES
* "The Justice Department has launched an antitrust investigation into UnitedHealth, owner of the biggest U.S. health insurer, a leading manager of drug benefits and a sprawling network of doctor groups. WSJ
* Apple is canceling a decadelong effort to build an electric car... abandoning one of the most ambitious projects in the history of the company. Bloomberg
* More
GEOPOLITICS
* China’s southern technology hub Shenzhen has rolled out plans for a big expansion of car exports, a plan that is likely to fuel western fears about rising Chinese competition for domestic manufacturers.
* Democratic and Republican congressional leaders struck an optimistic tone that they would avert a government shutdown this weekend
* More
Some headlines via NewSquawk or DataTrek
Markets/Metals Commentary (Charts):
Comment:
Excerpt: What The UBS model says about CTA positioning in Commodities
* CTAs bought oil and sold precious in size in February. We expect ⅔ of those flows to reverse in the next two weeks .
* 'Contrarian' trades: bullish metals (both precious and industrials), bearish Oil and Coffee
Much more in premium
* Gold- Fed ease, China bazooka, CTA flows
* Silver-Gold going up will trigger short covering, chart comment
* Oil-
* Stocks-
* BTC/ETH- why new ATHs on the table
* Bonds-
Zen Moment:
*** Holding Place***
Premium Attached:
Stay right here for the premium portion of the broadcast.
Everything said about Gold and Silver CTAs is confirmed except the most important thing.. they might be buying again soon
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