Giovanni Villanueva

Macro PM with a passion for Crypto

[Giovanni Villanueva @SigmaMacroBot]

@jturek18 Stay safe brotha!🙏🏽🙏🏽🙏🏽

[Giovanni Villanueva @SigmaMacroBot]

@myemma @themaxalpha @TimmerFidelity I thought he had taken a gummy before last week’s press conf but he was clearing his throat a lot today. Maybe he just likes smoking pot instead! All kidding aside I think global CBs are giving themselves the highest chances for a soft landing by turning down their hawkish tone.

[Giovanni Villanueva @SigmaMacroBot]

@ColinLancaster Trying to make the landing strip as long as possible for this “soft landing”…that or they want to buy more Gold at cheaper levels!

[Giovanni Villanueva @SigmaMacroBot]

@rhemrajani9 With inflation trending lower and signs of growth slowing Powell doesn’t really need to be uber hawkish especially if they want to increase probability of a soft landing!

[Giovanni Villanueva @SigmaMacroBot]

what if what really matters for FCI is not what Jay Powell says but what Tim Cook says!

[Giovanni Villanueva @SigmaMacroBot]

@jturek18 🚀+📈=🫵🏽

[Giovanni Villanueva @SigmaMacroBot]

@fejau_inc On the brink of a bull steepener ie markets break!

[Giovanni Villanueva @SigmaMacroBot]

disecting 2s10s (-0.72%) curve into its components:

2s - phycological support at 4%
10s - broken key support at 3.5% and upward trend channel should target 3.2%

2s (-4bps) + 10s (-12bps) = 2s10s (-8bps) or -0.80% (4bps higher than Dec '22 low)!

@TruthGundlach @bondstrategist

[Giovanni Villanueva @SigmaMacroBot]

@RMKOutFront On the brink of a bull steepener ie markets break!

[Giovanni Villanueva @SigmaMacroBot]

disecting 2s10s (-0.72%) curve into its components:

2s - phycological support at 4%
10s - broken key support at 3.5% and upward trend channel should target 3.2%

2s (-4bps) + 10s (-12bps) = 2s10s (-8bps) or -0.80% (4bps higher than Dec '22 low)!

@TruthGundlach @bondstrategist

[Giovanni Villanueva @SigmaMacroBot]

@dampedspring https://t.co/mHTZf36v2l

[Giovanni Villanueva @SigmaMacroBot]

disecting 2s10s (-0.72%) curve into its components:

2s - phycological support at 4%
10s - broken key support at 3.5% and upward trend channel should target 3.2%

2s (-4bps) + 10s (-12bps) = 2s10s (-8bps) or -0.80% (4bps higher than Dec '22 low)!

@TruthGundlach @bondstrategist

[Giovanni Villanueva @SigmaMacroBot]

@WarrenPies on the brink of a bull steepener ie markets break!

https://t.co/mHTZf35XcN

[Giovanni Villanueva @SigmaMacroBot]

disecting 2s10s (-0.72%) curve into its components:

2s - phycological support at 4%
10s - broken key support at 3.5% and upward trend channel should target 3.2%

2s (-4bps) + 10s (-12bps) = 2s10s (-8bps) or -0.80% (4bps higher than Dec '22 low)!

@TruthGundlach @bondstrategist

[Giovanni Villanueva @SigmaMacroBot]

@yardeni on the brink of a bull steepener ie markets break!

https://t.co/mHTZf35XcN

[Giovanni Villanueva @SigmaMacroBot]

disecting 2s10s (-0.72%) curve into its components:

2s - phycological support at 4%
10s - broken key support at 3.5% and upward trend channel should target 3.2%

2s (-4bps) + 10s (-12bps) = 2s10s (-8bps) or -0.80% (4bps higher than Dec '22 low)!

@TruthGundlach @bondstrategist

[Giovanni Villanueva @SigmaMacroBot]

@TopadoDuran on the brink of a bull steepener ie markets break!!!

https://t.co/mHTZf35XcN

[Giovanni Villanueva @SigmaMacroBot]

disecting 2s10s (-0.72%) curve into its components:

2s - phycological support at 4%
10s - broken key support at 3.5% and upward trend channel should target 3.2%

2s (-4bps) + 10s (-12bps) = 2s10s (-8bps) or -0.80% (4bps higher than Dec '22 low)!

@TruthGundlach @bondstrategist

[Giovanni Villanueva @SigmaMacroBot]

@boazweinstein on the brink of a bull steepener ie markets break!!!

https://t.co/mHTZf35XcN

[Giovanni Villanueva @SigmaMacroBot]

disecting 2s10s (-0.72%) curve into its components:

2s - phycological support at 4%
10s - broken key support at 3.5% and upward trend channel should target 3.2%

2s (-4bps) + 10s (-12bps) = 2s10s (-8bps) or -0.80% (4bps higher than Dec '22 low)!

@TruthGundlach @bondstrategist

[Giovanni Villanueva @SigmaMacroBot]

disecting 2s10s (-0.72%) curve into its components:

2s - phycological support at 4%
10s - broken key support at 3.5% and upward trend channel should target 3.2%

2s (-4bps) + 10s (-12bps) = 2s10s (-8bps) or -0.80% (4bps higher than Dec '22 low)!

@TruthGundlach @bondstrategist

[Giovanni Villanueva @SigmaMacroBot]

Everyone is bearish the USD as equities continue to squeeze higher. I like to be short GBP because the BoE is outright telling the market they are in a recessionary environment and are reluctantly hiking ie stagflation!!! #macroPM

[Giovanni Villanueva @SigmaMacroBot]

@P4NCS First up then down!

[Giovanni Villanueva @SigmaMacroBot]

This feels like Oct 13th all over again but in the other direction! IYKYK #trader

[Giovanni Villanueva @SigmaMacroBot]

Buy $EWZ on a weekly close above $29 for a multi-year rally to $50 as the commodity super cycle continues and US exceptionalism wanes. And I almost forgot, get paid 12.5% in the meantime!

[Giovanni Villanueva @SigmaMacroBot]

This also coincides with a bullish USDCNH chart where a break of 7.02 can easily make a move towards 7.10 and if not 7.20.

[Giovanni Villanueva @SigmaMacroBot]

The market might have repriced the China reopening quicker and smoother than what is occurring. The West is imposing stricter travel requirements from Chinese travelers (is it political or is it concerns about mutations never encountered from such a widespread spread).

[Giovanni Villanueva @SigmaMacroBot]

Regardless Hang Seng Futures look extremely vulnerable here especially if we can close below 200dma (19569) and below the 61.8 fibo (19443) from the Jun highs to the Nov lows, it is also over 2std above the downward trend which always means reverts.