Benjamin Rose

5788 December was a month with positioning very much at the forefront. Yesterday’s winners are today’s losers the thesis of the month. […]

5788 November was a month of low volume and low volatility with markets continuing to climb the wall of worry that saw […]

5788 October brought us earning season and it was interesting to see how investors were championing any small positives, but misses were […]

5788 That now makes it seven consecutive months of gains for the S&P, albeit on subdued summer volumes. Despite less bums on […]

5788 Halfway through the month and following more new AHT’s, we have now started to see a move lower across the board, […]

Half way through the year, scary as that sounds, means earnings season is just around the corner. Bit more activity in the market last month has meant we’ve seen Hedge Funds buying the Oil & Gas Producers and the continued buying in Engineering & Construction names. On the Institutional side, we have seen large shift into buying Packaged Food and Biotech/Pharma names.

We’re now through May, and finally it’s starting to warm up leading into the summer! More of a subdued feel in the markets this month. Flow wise, we’ve seen a continuation of Hedge Funds buying the Industrial Services names, while interest in buying Autos has dried up. On the Institutional side, we have seen increased buying of Banks to pair off the sell skew from April.