Oil prices have become a one-way gamble for hedge funds as they increase bets on declining crude to a record, building a short position in West Texas Intermediate to 218,623 futures and options combined during the week ended Aug. 2. The Organization ...

Mr. Scott's Crayon Thread

UJ and 10 year. Yen very correlated to the 10 year at the moment so if we get a pump up in yields then we should get a move in UJ.

Mr. Scott's Crayon Thread

Like it Scott. Could take sometime to move to but if it breaks the swing on more IR cuts then could get a run over the coming months.

Mr. Scott's Crayon Thread

I've been trading the AN looking for 112. But if the spread narrows to zero between then then I'm thinking we could see break of the range and 115 - 120. I'm liking the GN. Kiwi can get moved around quite easy if moneys wants to get out positions ...

Mr. Scott's Crayon Thread

Was just reading this Scott.

Mr. Scott's Crayon Thread

AUD Strength against NZD has become pretty apparent now.

Mr. Scott's Crayon Thread

NU Daily and hourly

Mr. Scott's Crayon Thread

Completely agree with their forecast as the spread is just to wide and needed to narrow. I am deeply short NZD already so I'm a bit biased. Wouldn't surprise me to see a 50 point move this week, think the markets have a %17 change priced in. BNZ ...

Mr. Scott's Crayon Thread

Looking again at EM markets Normally I would use the Peso as the proxy for EM market but has been reacting unusual lately possibly due to the unkown Trump factor. So looking again at the EM market I am using the ZAR. The chart below is the ZAR and ...

Mr. Scott's Crayon Thread

Thinking over the weekend, what sinks the ship. If we have ZIRP pumping up the speculators for short term gains on Yield with carry, mostly! then what changes that? will it be a black swan? Mmmm. Any thoughts on this Scott? do we just reach a ...

Mr. Scott's Crayon Thread

AC could be some range trading for a while.

Mr. Scott's Crayon Thread

So this is where you spend your weekends?? thanks Scott will take a look and have a read..

Mr. Scott's Crayon Thread

Wouldn't surprise me. How does the dollar react this time to a market crash as apposed to last time?? safe haven?

Mr. Scott's Crayon Thread

Yes, same.

Mr. Scott's Crayon Thread

Nice theme for the markets today Scott... for sure. Deception and free money. You know its insane when money is piling into over price assets for 3% or even less yield. Defensive utilities at 3 deviation with 3% return! isn't that insanity? It will ...

Mr. Scott's Crayon Thread

Some more thoughts on the Yen. 10 year and USD/EUR/GOLD ratio rising, Yen remains low. Yen has been very correlated to the 10 year.

Mr. Scott's Crayon Thread

Some thoughts. Industrial metals and A/U

Mr. Scott's Crayon Thread

Nice chart. Interesting to hear more of your thoughts.

Mr. Scott's Crayon Thread

You've been busy Scott.

Mr. Scott's Crayon Thread

If its going to break down into low 90,s you would think we need and ABCD to the top-side first.

Mr. Scott's Crayon Thread