ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
Jack Crooks
Jack has over 20 years experience in the currency, equity, and futures arena. He is an investment advisor who has held key positions in brokerage, money management, trading, and research. Jack is founder and president of Black Swan Capital LLC. He was also founder of Ross International Asset Management (specializing in global stock, bond, and currency asset management for retail clients) and General Manager of Plexus Trading (specializing in currency futures and commodities trading).
October 9th, 2020 | Limits To Monetary and Fiscal Policy Methinks…
Black Swan Currency Currents - “The hottest places in hell are reserved for those who, in times of great moral crisis, maintain their neutrality.” ― Dante Alighieri I presented the following chart below during showing the nasty feedback loop of rising debt and weak global demand during a webinar back in 2015 (and had developed the diagram a few years […]
October 5th, 2020 | Wall Street Loves Japanifcation of US Monetary Polcy
Black Swan Currency Currents - …not so good for the real economy…
September 25th, 2020 | Can You Say: It’s All One Market–Risk Assets? Sure, I knew ya could…
Black Swan Currency Currents - Gold vs. GBP/USD vs. $ Index vs. S&P 500 (inverted)…one big happy family moving together… 0 Likes Share
September 5th, 2020 | Expanding Wedge Patterns Complete? GBP/USD & AUD/USD….
Black Swan Currency Currents - …if so, we could see a deeper correction than most expect.
August 21st, 2020 | EUR/GBP Chartview – 240-Min and Weekly…
Black Swan Currency Currents - What if the pound outruns the euro as the US dollar breaks down? Given the extreme long positioning in the euro, measured by CME currency futures, and the negative positioning as of last Friday for the pound despite its rally, out-performance of the pound would not surprise. I.E. there is a lot of positive sentiment […]
August 4th, 2020 | Gold: Parabolic Financial Speculation, But Not Inflation!
Black Swan Currency Currents - Gold is in parabolic mode. Everyone loves it. Inflation and safe haven and the end of the dollar are the rationales. 1) This is not inflation. If it were, corn (green line overlaid) and all the other real stuff would be blowing off. It isn’t. 2) This is not the end of the dollar yet; […]
July 31st, 2020 | Norwegian Krone: Backdoor Way To Play Euro and Oil Weakness?
Black Swan Currency Currents - USD/NOK has a tight negative correlation with the euro. And as suspected, the currency is also impacted by oil prices. We suspect oil goes lower given the dismal demand in the real economy. Below a look at USD/NOK with EUR/USD (inverse) overlaid and our Wave view on oil. Oil (WTI) Daily:
July 16th, 2020 | FX VS. Asset Class Correlations Analysis (1-Year vs 30-Days)
Black Swan Currency Currents - I haven’t shared this for a while, but here is a look at various asset class correlations with key forex we follow. Two different time frames so you can see the changes. We have one-year vs. 30-days. Some abbreviations you may not recognize: GDAXI (German Dax Stock Index), HSI (Hong Kong Stocks), CA10YT=RR (Canadian 10-yer […]
July 2nd, 2020 | The Case For The British Pound
Black Swan Currency Currents - Though I think it best now to get past the non-farm payroll reaction tomorrow, the British pound is looking increasingly interesting as a long trade and a long-term hold based on the potential, we see in our Wave charts and the potential for a fundamental realignment of the their economy triggered by Brexit; i.e. unshackled […]
May 3rd, 2020 | GBP/USD 240-MIN: MAYBE?
May 1st, 2020 | US Dollar Index Daily View
Black Swan Currency Currents - Dollar Index Daily View – Looking lower…but, alternative still in play as it represents another dollar risk-bid on a big sell-off in stocks (as abstract as such an idea may be to the bulls at the moment; the narrative–money must go somewhere). 0 Likes