BentinPartner Advisers

Purpose of the Analysis: The Confidometer evaluates market sentiment looking at several gauges of volatility (vix level), option pricing...

Up... down....down... up and Up was the shortest summary for today’s action with no catalyst to explain it, besides that we were oversold...

Another Bad Day... More of the same volatility shakeout extended the S&P 500 drop from the last record to 10%, as it shed -3.5%....

Afrer squeezing some 3% on a relief rally on Tuesday, stocks gyrated on Wednesday with the path made more uncertain by a poor US 10 year...

BentinPartner Advisers, Basel There is more to our research than the Daily Close, the Confidometer and our blog posts. To receive...

It was all about the vix.. After becoming the talk of Wall Street following Monday’s historic surge, things uniformally settled down (or...

The S&P witnessed a 3sigma event yesterday that precipitated risk reversal to historical lows (difference between the price of calls and...

S&p500 plunged -4.1%, closing with its biggest loss since 2011 as world equity markets were roiled to the same degree. Last Friday,...

Friday was a bad day for stocks which dropped -2.5% on average but stock market corrections can be healthy at times... The trouble is...

The General Trend Remains Towards increased Cross Asset Correlation (which is no good from a diversification and risk consumption point...

Bonds had a bad day on Thursday with 10 year yield climbing to 2.78% (+7bps) and bitcoin ... a terrible one, shedding 14% (falling to...

J. Yellen’ farewell gift (to D. Trump) was a relatively hawkish statement after the FOMC left rates unchanged, still with the door...

Not much except that US inflation expectations are right there at 2% and EUR inflation expectations at 1.75% with both heading higher, ...

Further across the board selling materialized yesterday with the S&P and Eurostoxx dropping 1% and EM losses coming in slightly larger....

Stocks, bonds, oil and prexious metals sold off simultaneously yesterday, blowing a wind of caution amidst the “beautiful deleveraging”...

-[1 ]The normally solid positive positive correlation between the stock market (risk appetite) and dollar yen has been turned upside...

Last week, the S&P500 jumped 2.2%, and the dollar index declined 1.7%, delivering a 0.5% net return to international investors. We like...

The dollar gyrated widely closing only marginally higher after D.Trump backpedaled on Treasury Secretary Mnuchin’s statement on...

Could it be the classic case of a gorilla in the room inviting to join a party at the exact same time as he himself tries a graceful exit?...

Influencer and hedge fund manager Ray Dalio gave his thumb’s up to equity markets, referring to a goldilock (perhaps also synonymous to...