Semiconductor ETFs: Having Sight Beyond Sight; Look Out Below?

Below extract courtesy of today's a.m. edition of macro-strategy commentary from Rareview Macro's "Sight Beyond Sight" 1. Taiwan equities were cut to equal-weight from over-weight at Morgan Stanley (Jonathan Garner) on valuation concerns. 2. Morgan Stanley recently cut Asia's semiconductor industry to equal-weight from over-weight. 3. Maybank, a local house,…Read More

17 July, 2014

A Rareview Macro View: “There’s NO Gold in Them…

It was in early 1849 that the director of the Mint at Dahlonega, Dr. M. F. Stephenson spoke from the steps of the mint building in a futile attempt to convince the miners to remain in Georgia to mine rather than to flock to California to chase what might be…Read More

14 July, 2014

Markets Mauled Today: A Rareview Macro-Strategy View

[caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] Below excerpt courtesy this a.m.'s edition of macro-strategy newsletter "Sight Beyond Sight" Today is the first time in recent memory that investors are waking up to a meaningful gap down in US equity index futures. By virtue of the fact that…Read More

10 July, 2014

Rareview’s Macro-Strategist: 3-Day Trickle Down Rule in Play; Pros…

Below is the lead-in to this morning's edition of Rareview Macro's "Sight Beyond Sight"; the 'read more' link below provides additional extracts that caught the eye of more than a few folks who follow macro-strategy themes.. [caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] Three Day Trickle Down Rule…Read More

9 July, 2014

Black Gold v. Yellow Metal: Macro-Strategy Perspective

As if it were a segment in "Orange is the New Black," the price correlation between Crude Oil (aka Black Gold) and the Yellow Metal continues to swing like a chandelier in a windy mansion. Below extract courtesy of Neil Azous, from today's a.m. edition of Rareview Macro's Sight Beyond…Read More

2 July, 2014

Macro-Strategist Says: Funeral Services for Volatility Premature; Second Half…

Below excerpt courtesy of this a.m.'s edition of Rareview Macro's "Sight Beyond Sight" macro-strategy newsletter. [caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] "....We start the second half of 2014 well aware that over the last few years the second half of the year has had little resemblance to…Read More

1 July, 2014

Wall St Execs Do The Flip-Flop While Being Grilled…

Conflict of Interest is Of Interest to Senate Panel Members "just learning about" industry-rampant Payment For Order Flow Schemes . Market Structure To Be Re-Structured? Excerpts below courtesy of The Wall Street Letter's on the spot coverage of the U.S. Senate investigation of Wall Street's affection for high-frequency trading aka…Read More

17 June, 2014

Fretting About The Fed’s Plan to Impose Exit Fees…

MarketsMuse Editor Note: Below excerpt from this a.m.'s edition of macro-strategy newsletter Sight Beyond Sight.. [caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] While commentators largely ignored the Financial Times article released yesterday it garnered a fair amount of attention by investors in our circle. The article stated that…Read More

17 June, 2014

Risk OFF : A Macro Strategy Rare View From…

Below extract courtesy of Neil Azous, founder of Rareview Macro LLC and publisher of Sight Beyond Sight, the macro-strategy newsletter. [caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] Professionals Actually Sensitive to Weaker Risk Assets Over The Next Few Days • Model Portfolio Trade: Short NASDAQ • Partial Switch…Read More

11 June, 2014

Trading Professionals Disgusted By Today’s Data: A Rareview Macro…

Below extract from this a.m. edition of Rareview Macro's Sight Beyond Sight... "....The key objective we laid out at the end of April has, we are pleased to say, now materialized - don't sell in May and go away,  as the S&P 500 will trade higher to a range of…Read More

6 June, 2014

The Anger Indicator: A Rareview

Below extract courtesy of this a.m.'s edition of Rareview Macro's Sight Beyond Sight..(Re-published with permission from Neil Azous) [caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] Here is an aggregation of the various statistics either sent to us from subscribers or we came across during our readings this weekend.…Read More

2 June, 2014

Soothsayers Soliloquy “Sell In May…” Is Just Plain Silly…

Excerpt below courtesy of  this a.m.'s Sight Beyond Sight notes to newsletter subscribers. Today's edition from Rareview Macro LLC also includes the following talking point: "The True Pain Trade is Not SPX 1920-1950 but Beyond 1950" [caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] Sell in May and Go…Read More

13 May, 2014

Batter Up: New Hedge Fund For Bitcoins

  Below excerpt is hot of the press and courtesy of one of MarketsMuse's favorite outlets: FINalternatives.. Coin Capital Management is this week launching a Bitcoin-focused hedge fund, which will buy and hold the leading crypto-currency in an institutional grade environment. “We are pretty excited about Bitcoin…it is an exciting…Read More

12 May, 2014

Macro Muse: Expert Says: Short USTs, Yields Poised to…

Courtesy of one of our reader's sighting this a.m.'s comments from Rareview Macro LLC's "Sight Beyond Sight", we're compelled to cite the original source: [caption id="attachment_1904" align="alignleft" width="100"] Neil Azous, Rareview Macro LLC[/caption] "...For the first time in months the setup is compelling enough for us to short US Fixed…Read More

8 May, 2014

Let’s Get Technical: Wasatch Funds’ Fundamentalist Embraces Chartism

A Fund-Company Chief Embraces Technical Analysis MarketsMuse Editor Note: In the course of rifling through the onslaught of today's mid-day trading desk talking points sent to us courtesy of top gun traders at major Wall Street firms, the theme has been ripe with "support levels" i.e. the most followed stocks…Read More

6 May, 2014

Time to Worry About Stock Market Bubbles (?): Nobel…

Extract below courtesy of NY Times and reporter David Leonhardt Relative to corporate earnings over the previous 10 years, the Standard & Poor’s 500-stock index is still less expensive than over much of the last 15 years. But it's more expensive than at any other time over the last century,…Read More

6 May, 2014

“Sell in May and Go Away” ? Macro-Strategist Says…

On April 24, Rareview Macro's Neil Azous had this to say about the notion of "Sell in May and Go Away.." Since that appearance Rareview's newsletter, "Sight Beyond Sight" has provided further insight to aforementioned "long held wisdom." [gigya src="http://plus.cnbc.com/rssvideosearch/action/player/id/3000269877/code/cnbcplayershare" ]Read More

5 May, 2014

Smart Money Says: No Gold Needed As Capex Spending…

For readers focused on expert views re: the precious metals, and in particular Gold, below a.m. note courtesy of macro-themed analyst Paul Krake to his "View From The Peak" audience of institutional investment managers provides a "bid-on" to market observations made last week by Neil Azous, principal of "bespoke macro…Read More

23 April, 2014