Tag Archives: RIO

Top Global Stock Trades

CMC customers know that we’ve recently launched a client sentiment indicator. This shows the positioning – long or short – in an instrument. This is a “democratic” indicator as the read is taken by account, with no allowance for the … Continue reading

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Rio and Iron Ore – Chart Updates

Yesterday’s news that China is looking to rein in its property market was the catalyst for a selloff in Australian resource stocks. The iron ore price could be affected and the chart is showing early signs of a bearish double top. I’ve … Continue reading

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Pairs Trading – Buy BHP, Sell RIO

The recovery in iron ore prices since August appears to have driven an outperformance by RIO over BHP in Australia. However, both companies are also listed in London, and the degree of the outperformance is significantly smaller. Combined with stronger … Continue reading

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Gold leads the way again – What our most profitable clients traded last week

With the announcement of a new series of quantitative easing in the US the dollar index has fallen aggressively. On the other side of the equation has been price of gold (amongst several other instruments in the commodity space) which … Continue reading

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