Sector

Gamma Energy: As XLE Call Buying Explodes, Energy Sector Braces For Huge Melt Up

Remember the “gamma squeeze” in various tech names amid the unprecedented Robinhood/SoftBank call buying frenzy from the summer/late 2020? Well, while SoftBank’s market manipulation unit may have been “incapacitated” for the time being after suffering major losses, the record call buying has continued into 2021 as retail daytraders have put their $600 (and soon $2000)…

Saxo Chart Of The Week : OECD Private Sector Confidence

Submitted by Christopher Dembik of Saxo Bank The below chart about OECD private sector confidence perfectly summarizes the macro picture at the end of 2020 characterized by a strong divergence between manufacturing confidence and consumer confidence. As soon as the global lockdown from last Spring was lifted, confidence in the manufacturing sector has strongly rebounded,…