Trading the Macro Landscape

Published on
October 18th, 2019
Duration
16 minutes

Trading the Macro Landscape

Trade Ideas ·
Featuring John Kolovos

Published on: October 18th, 2019 • Duration: 16 minutes

John Kolovos, CFA, CMT, chief technical strategist of Macro Risk Advisors, examines the current macro environment and reviews his year-end targets for the S&P 500 and U.S. 10-year Treasury. In this interview with Justine Underhill, Kolovos notes the recent bottom in bond yields, highlights the signal from the copper to gold ratio, and updates his trade on the Japanese Yen. Filmed on October 17, 2019.

Comments

Transcript

  • AG
    Andre G.
    21 October 2019 @ 09:29
    If anyone is seeing his current megaphone pattern as a useful indicator, please contact me, I would like to sell you a really nice bridge in Brooklyn and my megaphone pattern subscription service.
  • GB
    Gary B.
    20 October 2019 @ 23:14
    This interview has nothing useful. Learned nothing.
  • RS
    Robert S.
    20 October 2019 @ 16:12
    Has anybody ever seen a guy as completely clueless as him?
  • NR
    Nick R.
    18 October 2019 @ 22:28
    Best line in the video: "I'm not an economist, but..."
  • JB
    Jean-Michel B.
    18 October 2019 @ 18:50
    I heard ''I got stopped out'' a little too often it this video. Sorry
  • AS
    Aaron S.
    18 October 2019 @ 18:41
    nothing macro about this... its all technical analysis.
    • CM
      Chris M.
      19 October 2019 @ 16:29
      Agree. Believe it lacks any macro insight and is only based on charts.
  • JP
    John P.
    18 October 2019 @ 17:21
    I thought he was great. Please keep inviting him back for follow-ups. Thanks
  • ag
    anthony g.
    18 October 2019 @ 14:48
    he might be right at some point .... but not yet, in my limited view from the cheap seats.
  • mw
    michael w.
    18 October 2019 @ 14:20
    Rates are going lower. They have no choice.
    • KK
      Kiwoong K.
      24 October 2019 @ 05:47
      Forceful confiscation. Probably worst choice out there, but there you go. Right about now, Bernie, AOC and Elizabeth are hard at work trying to make that a reality. Increase in interest rate Although very unlikely, it's happened before. Paul Volcker. Decrease in interest rate In a sensible world, this is the craziest idea of the three. Also, it's the most likely one that Fed will use to ease the market sentiment. QE for the not so rich. If we are going to cause inflation, this is probably the most organic way to do that. Forward Guidance Weak, but still a tool. Go start wars American favorite. I think they have a choice, even beyond the few which I wrote. The choice they make will set a new tone for America I still agree with you. They will likely have to cut, but I think it's worth considering what ifs of other situation.
  • RA
    Ralph A.
    18 October 2019 @ 11:12
    He said the fundamentals are getting better? What is this guy smoking? We are getting bad news after bad news. If he thinks the past month has been extremely bearish, then he has not seen anything yet.
  • DH
    Daniel H.
    18 October 2019 @ 07:29
    I liked the interview, but he will be either 100% right or dead wrong. He did not talk about the likelihood of recession, earnings down 5%+, the Cass Freight Index forecasting negative GDP growth. The other side of the coin is bleak.