Platinum's Kerr Neilson says that they've recently bought puts on the S&P 500 and the Russell 2000 indicies - on the basis of our technical indicators...
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Platinum's Kerr Neilson says that they've recently bought puts on the S&P 500 and the Russell 2000 indicies - on the basis of our technical indicators suggesting that these markets are extended. However, Neilson says they are offsetting this caution with a long position in the Topix Index which we see as being in a very strong bull phase, assisted by the weaker Yen and the prospect of Japanese households entering the stockmarket with their new tax shielded savings plans.
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise