|
Anthony Cheung
@
AWMCheung
London, England
|
|
Head of Market Analysis @amplifytrading, former voice of @RANsquawk. Providing need-to-know market intel for traders since 2006
|
|
|
6.955
Tweetovi
|
268
Pratim
|
5.805
Osobe koje vas prate
|
| Tweetovi |
|
Anthony Cheung
@AWMCheung
|
53 min |
|
JPM: Cuts equities in asset allocation on virus fallout. “Any re-acceleration in coronavirus cases as a result of factory re-openings or any delay in re-openings beyond next week would both be negative for markets”
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
57 min |
|
Talks between experts from OPEC and its allies spilled into an unprecedented third day. Maybe I’m over thinking it but perhaps their trying to buy time to stabilise price as rest of market is rallying. Whilst meeting is on people will be reluctant to be sat in a short position pic.twitter.com/ez2qOBnriH
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
23 h |
|
I don't think the Sky one is anything to be honest, the timelines to be implemented (with funding) would be too late i.e. several months from now post peak virus. Interesting to see how jumpy markets are though!
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
23 h |
|
Clear reaction to the circulation of latest Chinese TV headlines citing a university and potential effective drug for coronavirus BUT most uni's in China are state run? surely needs to be taken with a pinch of salt + limited on detail. If not in already don't be late to the party
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
4. velj |
|
Told him to get out before the close, as it’s just the mother of all short squeezes. Looks like the right call (for now!) pic.twitter.com/byVnOZnSVS
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
4. velj |
|
Long day at work and then your brother texts you to remind you he bought $TSLA at $250 🙄
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
4. velj |
|
The Coronavirus outbreak is expected to blunt global oil demand by at least 900,000 b/d in Feb and 650,000 b/d in March, according to @PlattsOil. In a worst-case scenario involving travel curtailments, demand could drop by up 2.6 million b/d in Feb and 2 million b/d in March
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
4. velj |
|
OPEC+ verbal intervention begins in earnest with Saudi/Russia ready for "further coordinated actions". This normally the litmus test to see if they can stabilise heavy selling pressure. I think we need break of current levels of support down to mid-40's before action materialises pic.twitter.com/qz3xyV5xL1
|
||
|
|
||
| Anthony Cheung proslijedio/la je tweet | ||
|
Amplify Trading
@amplifytrading
|
4. velj |
|
Today's briefing recorded earlier this morning. Covering coronavirus, US data, OPEC+, RBA decision, earnings and technical set-ups both intraday and medium-term from @AWMCheung @snorth19 @alexclarkFX youtube.com/watch?v=nUXLqU…
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
3. velj |
|
Brent’s 6-month calendar spread has collapsed to just 84c backwardation from more than $4 at the start of last month, as traders anticipate a big hit to oil consumption from the coronavirus outbreak & plentiful short-term crude availability via @JKempEnergy pic.twitter.com/VhSDzIhxIG
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
3. velj |
|
Welcome back to reality for GBP. Expect a large gap between the UK and EU red lines today when BoJo & Barnier speak. Although this is purely tactical negotiation the reality is that the stand off will last for months renewing the risk of no deal once again
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
3. velj |
|
Blog updated with the video briefing this morning. Includes a technical review with @snorth19 for those that need it twitter.com/AWMCheung/stat…
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
3. velj |
|
Yep that’s right. Not an unusual option for authorities to take in China
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
3. velj |
|
Chinese oil demand (largest importer in world) has dropped by ~3mbpd, or 20% of total consumption, as coronavirus squeezes the economy, citing insiders in China’s energy industry via @business. OPEC technical meeting this week but watch out for March meeting being brought forward
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
3. velj |
|
Lots of headlines about the Shanghai Comp down 9% overnight. The Chinese futures traded on the Singapore exchange were already down 8% last week so what exactly did you think was going to happen! Keep calm and carry on
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
2. velj |
|
Trying a new format for my usual calendar highlights and week ahead. Keeping it strictly fundamentals as that's where (hopefully!) I can add the most value amplifytrading.com/post/the-macro… Let me know if you prefer this way or just the regular tweet image format
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
1. velj |
|
In the intraday environment all closed
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
1. velj |
|
Given the scheduled return of mainland Chinese markets on Monday and likely large gap down at the re-opening of trade. I'd expect plenty of comments over the next 48-hrs from the Chinese authorities promising everything but the kitchen sink
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
1. velj |
|
Hey Thomas, yep definitely agree with how long and how pronounced the economic impact will in the end be key. Until then it's more speculative than usual given nature of accurately tracking a virus. Here's Citi article: bloomberg.com/news/articles/…
|
||
|
|
||
|
Anthony Cheung
@AWMCheung
|
1. velj |
|
In a counter intuitive way, Coronavirus could be good for stocks over the M-T if it prevents China honouring its trade deal commitments. In this instance, US leverage on tariff compliance is diminished meaning risk of renewed trade war confrontation decreases over coming mths
|
||
|
|
||