$JPY/USD (JPYUSD.FX)$The unwinding of the Yen carry trade clearly never ended yet no one is talking about this. The inverse correlation between the Yen and S&P 500 is still very strong.
$Direxion Shares Etf Trust Direxion Dly S&P 500 Hgh Beta Bul 3X(P/S (HIBL.US)$you should give serious consideration to this ETF if you can stomach some risk palantir is one of their larger holdings. here's a chart that goes back to March of 24 with really the exception of July which was a bloodbath when the yen dollar started under one which climaxed in August 5th. we are on a long-term support line here you need to look at the portfolio so you understand what the holdings are and if you go ...
Junius Falcon
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Look at P/E of PLTR and its EPS growth. You want to add another TSLA to your portfolio with leverage ? This is 3x daily reset ETF? Fucked up one day, 6x the effort to make it back?
10baggerbamm
OPJunius Falcon
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it's a small percentage of the portfolio it's not like it's 30% or 40% of the portfolio.. and volunteer will reverse as soon as there is clarity from the Trump administration about what is going to get cut specifically from the department of defense you are going to see a V bottom in palantir stock
Junius Falcon
10baggerbamm
OP
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This is more gamble on speculation and technical playout. If missed, hard to ride it out. If this up, NVDA will be up too, I see SP500 in the title.
10baggerbamm
OPJunius Falcon
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it doesn't hold Nvidia. it's one of the few ETFs that does not own Nvidia. obviously there are other technology companies in it and they will move on a good or bad report.. there have been times recently that Nvidia is down and TER KLAC and ASML trade higher
📉 The Nikkei225 index is down 4.2% this morning to 38.181 as of 910AM, while the Japanese yen surged after the ruling Liberal Democratic Party picked Shigeru Ishiba as their next leader over Sanae Takaichi who was favoured to win ⚡ The yen strengthened more than 1% to as much as 142.8 against the dollar, unwinding several days of declines on speculation over a Takaichi victory Ishiba, who has served in several senior roles including defense...
As the inverted yield curve resolves, the unwinding of yen carry trades will accelerate. I always say that when the yield gap between U.S. and Japanese 2-year bonds narrows, the yen strengthens. If this yen appreciation turns into a trend, the carry traders will face increasing foreign exchange losses. This, in turn, lowers their risk appetite for carry trades. By the way, the resolution of the 10Y-2Y inverted yield curve is driven by a bul...
Cantom
OPBoris Johnson
:
Hey, thanks for the comment Yes, I see a resistance around 140 as well based on my technical analysis. By the way, looking at much longer term, I expect USD/JPY hitting below 100 with US02Y 1.00% and the yield gap between 10y & 2y being 2.50%, unless long term yields gaining momentum upwards, which I don’t think very likely with the current CDS level. We are still at the very beginning of the rate cuts. Let’s see how it plays out
Cantom
OPGhost2737
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Hi! Telling when is the last thing I want to do, but it should take more than one year before that happens. There are quite a few events for JPY to reach that level such as; Credit crunch, liquidity crises, demand destruction, QE etc… The Fed is covering up the banking crisis with BTFP, and excess liquidity from which you can tell historical amount of Reverse Repo. I suspect the Fed is unofficially allowing banks to do installment repayments, looking at the current repayment pace of BTFP. Also the government is buying back treasury bonds to add more liquidity to the market against QT. They are too afraid of what is to happen next Anyways 100 level needs to be backed up by negative economic events. I expect the leveraged loans will completely ruin the Fed and the government’s plans.
JPY/USD Forum
here's a chart that goes back to March of 24
with really the exception of July which was a bloodbath when the yen dollar started under one which climaxed in August 5th.
we are on a long-term support line here
you need to look at the portfolio so you understand what the holdings are and if you go ...
$Warren Buffett Portfolio (LIST2999.US)$ $Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $JPY/USD (JPYUSD.FX)$ $USD/JPY (USDJPY.FX)$ $Bank of America (BAC.US)$
⚡ The yen strengthened more than 1% to as much as 142.8 against the dollar, unwinding several days of declines on speculation over a Takaichi victory
Ishiba, who has served in several senior roles including defense...
It's going to be an exciting week ahead.
Let's start the race! 🏁
I always say that when the yield gap between U.S. and Japanese 2-year bonds narrows, the yen strengthens. If this yen appreciation turns into a trend, the carry traders will face increasing foreign exchange losses. This, in turn, lowers their risk appetite for carry trades.
By the way, the resolution of the 10Y-2Y inverted yield curve is driven by a bul...
Ahead of key inflation data f...
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