Analysis

The Macro Brief – 1 June 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and Bitcoin

Macro Outlook – 1 June 2026

US Dollar Up (20D trough). Gold SmallUp (->20D peak). Oil SmallUp (->20D peak). Copper SmallUp (->40D peak). USDJPY Up (-> 40D peak). EURUSD SmallUp (->40D peak). SPX E-minis Up (->80D peak). Nikkei futures Up ((->80D peak). Bitcoin SmallDown (20W trough). Ten Year Notes Down (->20W trough).

The Macro Brief – 26 May 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting Gold and Bitcoin.

Macro Outlook – 26 May 2026

US Dollar Up (20D trough). Gold Down (->20D trough). Oil Up (20D trough). Copper Down (40D peak). USDJPY Up (-> 40D peak). EURUSD Down (->80D trough). SPX E-minis Up (40D trough). Nikkei futures Up (20D trough). Bitcoin Up (80D trough). Ten Year Notes Down (->80D trough).

The Macro Brief – 19 May 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and 10-Year Treasury Notes.

Macro Outlook – 19 May 2026

US Dollar Up (->20D peak). Gold Down (->20D trough). Oil Up (->20D peak). Copper Up (->20D trough). USDJPY Up (-> 20D peak). EURUSD Down (->80D trough). SPX E-minis Down (->40D trough). Nikkei futures Down (->20D trough). Bitcoin Up 20D trough). Ten Year Notes Up (40D trough).

The Macro Brief – 12 May 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting Gold and Oil.

Macro Outlook – 12 May 2026

US Dollar Up (80D trough). Gold Up (->20D trough). Oil Up (->20D peak). Copper Up (->40D peak). USDJPY Up (80D trough). EURUSD Down (->40D trough). SPX E-minis Down (->40D trough). Nikkei futures Down (->40D trough). Bitcoin Down (->20W peak). Ten Year Notes Up (40D trough).

The Macro Brief – 5 May 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting USDJPY and S&P 500 (e-minis)

Macro Outlook – 5 May 2026

US Dollar Up (10D trough). Gold Up (40D trough). Oil Down (->20D trough). Copper Up (80D trough). USDJPY Up (80D trough). EURUSD Up (->80D trough). SPX E-minis Up (40D trough). Nikkei futures Up (80D trough). Bitcoin Up (->40D peak). Ten Year Notes Up (40D trough).

The Macro Brief- 27 April 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting Gold and Bitcoin.

Macro Outlook – 27 April 2026

US Dollar Up (20D trough). Gold Up (40D trough). Oil Up (->20D peak). Copper Up (->80D peak). USDJPY Up (80D trough). EURUSD Up (->20D peak). SPX E-minis Up (->40D peak). Bitcoin Up (->40D peak). Ten Year Notes Up (->40D trough).

The Macro Brief – 21 April 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting Gold and Oil.

Macro Outlook – 21 April 2026

US Dollar SmallDown (20D trough). Gold Up (->40D peak). Oil Down (->40D trough). Copper Up (->80D peak). USDJPY Up (80D trough). EURUSD Up (->40D peak). SPX E-minis Up (->40D peak). Nikkei Up (->40D peak). Bitcoin Up (80D trough). Ten Year Notes Up (->40D peak).

The Macro Brief – 13 April 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and S&P 500 e-minis.

Macro Outlook – 13 April 2026

US Dollar Up (80D trough). Gold SmallDown (->20D trough). Oil SmallUp (20D trough). Copper Down (->20D trough). USDJPY Up (80D trough). SPX E-minis Up (->40D peak). Bitcoin Down (->80D trough). Ten Year Notes Down (->20D trough).

The Macro Brief – 7 April 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting Gold and the S&P 500.

Macro Outlook – 7 April 2026

US Dollar Sideways (->80D trough). Gold Down (->20D trough). Oil Down (80D peak). Copper Down (->20D trough). USDJPY Up (80D trough). EURUSD Sideways ->40D trough). SPX E-minis Up (80D trough). Nikkei Up (80D trough). Ten Year Notes Up (20W trough).

The Macro Brief – 30 March 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting Oil and the S&P 500.

Macro Outlook – 30 March 2026

US Dollar Down (->80D trough). Gold up (40D trough). Oil Down (80D peak). Copper Up (40D trough). USDJPY Down (-> 80D trough). EURUSD Up 20D trough). SPX E-minis Up (80D trough). Nikkei Up (80D trough). Bitcoin Up (20D trough). Ten Year Notes Up (80D trough).

US Large Caps in Focus – NVDA (-) 27 March 2026

US Large Caps in Focus – NVDA (-) 26 March 2026

US Large Caps in Focus – BRK/B(-), SBUX(-), JNJ(+) – 26 March 2026

US Large Caps in Focus – BRK/B(-), SBUX(-), JNJ(+) 26 March 2026

US Large Caps in Focus – Energy (-) and Gold Miners (+) – 25 March 2026

US Large Caps in Focus – Energy (-) and Gold Miners (+) – 25 March 2026

The Macro Brief – 23 March 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and Gold.

US Large Caps in Focus – position changes BA, GOOG, GM, TSLA, HD, DE (23 March 2026)

US Large Caps in Focus – position changes BA, GOOG, GM, TSLA, HD, DE (23 March 2026)

Macro Outlook – 23 March 2026

US Dollar SmallUp (->20D peak). Gold down (->40D trough). Oil Up (->40D peak). Copper Down (->80D trough). USDJPY Down (->20D trough). EURUSD Down (->20D trough). SPX E-minis SmallDown (-> 80D trough). Nikkei SmallDown (-> 80D trough). Ten Year Notes SmallDown (-> 80D trough).

US Large Caps in Focus – Index level, Dow Jones and Sectors – (17 March 2026)

US Large Caps in Focus – Index level, Dow Jones and Sectors – (17 March 2026)

The Macro Brief – 16 March 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the S&P 500 and Bitcoin.

Macro Outlook – 16 March 2026

US Dollar Up (->40D peak). Gold down (->40D trough). Oil Up (->40D peak). Copper Down (->80D trough). USDJPY Up (->20D peak). EURUSD Down (->20D trough). SPX E-minis Down (-> 80D trough). Nikkei Down (-> 80D trough). Bitcoin Up (-> 40D peak). Ten Year Notes SmallDown (->20D trough).

US Large Caps in Focus – Performance of calls to date – (13 March 2026)

US Large Caps in Focus – Performance of calls to date – (13 March 2026)

US Large Caps in Focus – position changes AAPL, CMCSA, NVDA, BMY (13 March 2026)

US Large Caps in Focus – position changes AAPL, CMCSA, NVDA, BMY (13 March 2026)

US Large Caps in Focus – Index level and Oil complex – (10 March 2026)

US Large Caps in Focus – Index level and Oil complex – (10 March 2026)

The Macro Brief- 9 March 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting Oil and Bitcoin.

Macro Outlook – 9 March 2026

US Dollar Up (->20D peak). Gold down (->80D peak). Oil Flat (->80D peak?). Copper SmallDown (->40D trough). EURUSD Down (->40D trough). SPX E-minis Down (-> 40D trough). Nikkei SmallDown (-> 40D trough). Bitcoin SmallDown (-> 40D trough). Ten Year Notes Up (->40D trough).

US Large Caps in Focus – Index level – (3 March 2026)

US Large Caps in Focus – Index level – (3 March 2026)

The Macro Brief – 2 March 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and EURUSD.

Macro Outlook – 2 March 2026

US Dollar Up (->20D peak). Gold up (->20D peak). Oil Up (->80D trough). Copper Up (->40D peak). EURUSD Down (->40D trough). USDJPY Up>Down (-> 40D peak). SPX E-minis Down (-> 40D trough). Ten Year Notes Up (->40D peak).

US Large Caps in Focus – How the Colouring system works

US Large Caps in Focus – How the Colouring system works

US Large Caps in Focus – CMCSA+, DE- (24 February 2026)

US Large Caps in Focus – CMCSA+, DE- (24 February 2026)

The Macro Brief- 23 February 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the S&P 500 and Bitcoin.

Macro Outlook – 23 February 2026

US Dollar Down (->40D trough). Gold Up (->80D peak). Oil Up (->80D peak). Copper Up (->40D peak). USDJPY Down (->20 day trough). EURUSD Down (->40D trough). SPX E-minis Down (-> 40D trough). Nikkei Down (->80D trough). Bitcoin (20D trough). Ten Year Notes Up (->40D peak).

US Large Caps in Focus – Position changes (23 February 2026) NVDA

US Large Caps in Focus – Position changes (23 February 2026) NVDA

US Large Caps in Focus – Position changes (19 February 2026) XOM

US Large Caps in Focus – Position changes (19 February 2026) XOM

US Large Caps in Focus – NVDA-, XOM-, HD- (17 February 2026)

US Large Caps in Focus – NVDA-, XOM-, HD- (17 February 2026)

The Macro Brief – 17 February 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and Gold.

Macro Outlook – 17 February 2026

US Dollar Up (20D trough). Gold Down (->20D trough). Oil Down (->20D trough). Copper Down (->20D trough). EURUSD Down (->40D trough). SPX E-minis Down (-> 20D trough). Nikkei Down (->80D trough). Bitcoin Down (20D trough). Ten Year Notes Up (->40D peak).

US Large Caps in Focus – Position changes (11 February 2026) CAT, BK, TGT

US Large Caps in Focus – Position changes (11 February 2026) CAT, BK, TGT

US Large Caps in Focus – GM-, SCHW+ (10 February 2026)

US Large Caps in Focus – GM-, SCHW+ (10 February 2026)

US Large Caps in Focus – Position changes (9 February 2026) GILD, FDX.

US Large Caps in Focus – Position changes (9 February 2026) GILD, FDX exiting Longs.

The Macro Brief – 9 February 2026

The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the US Dollar and Bitcoin.