Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Goldman Sachs: Bullish Cotton Futures And Bearish In Bonds

Published 05/08/2016, 05:37
Updated 14/05/2017, 11:45

Alessio Rastani, Director at Leading Trader joins Tip TV’s Zak Mir in a discussion on US treasuries, which is followed by Rastani’s view on Cotton markets, BMW stock and Gold.

Goldman Sachs has recently stated that Treasuries no longer respond to economic data the way they did a year ago. When quipped about the same, Rastani said reports from big banks usually work like a contrary indicator and he prefers to follow ‘Bond King’ Gundlach’s view that treasuries/bonds are looking extremely bearish.

Rastani then proceeds to detail how fundamentals and technicals have aligned perfectly in favor of a major bullish move in cotton markets. The segment ends with Rastani detailing his time power projection indicator signals on BMW stock (LON:0O0U) and gold chart.

Original post

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.