Everything You Need to Know About the Week Ahead

Weekly Report: Navigating Trends and Patterns in our current Financial Landscape

Welcome to Against All Odds Research’s weekly subscribers only report! In this edition, we're bringing you the essential tools that have been the cornerstone of my success for years, enabling me to consistently outperform the market and navigate various financial landscapes with confidence. Whether you're a seasoned investor or just starting your financial journey, these insights are tailored to empower you for the week, month and year ahead. Are you ready to elevate your strategic positioning?

Do you like being stressed out because you put a trade on? Let’s take some of that anxiety away. You guys have seen this many times before but it is important to know that this is a fully systematic trading model, crafted to simplify the process of trend diagnosis. For systematic traders like us, the key is to always begin by distinguishing what's trending and what's not. It's as straightforward as that. In our world, compensation is tied to price movements. Not what we are thinking.

Funny and not so funny headlines…

It started here. Kashyap Sriram and I talked about it here https://twitter.com/i/spaces/1MYxNoepyPRKw?s=20 check it out to learn about the shipping trade since 2019.

In a concerning incident on December 23, two Houthi anti-ship ballistic missiles were launched into international shipping lanes in the Southern Red Sea from areas under Houthi control in Yemen. Despite this aggressive move, no ships reported being impacted by the ballistic missiles, demonstrating resilience in the face of potential threats.

During the same timeframe, from 3 to 8 p.m. (Sanaa time), the USS LABOON (DDG 58) was actively patrolling the Southern Red Sea as part of Operation PROSPERITY GUARDIAN (OPG). The USS LABOON successfully intercepted and neutralized four unmanned aerial drones that were inbound from Houthi-controlled areas in Yemen. Fortunately, there were no injuries or damage resulting from this incident. However, at around 8 p.m. (Sanaa time), reports reached U.S. Naval Forces Central Command detailing attacks on two ships in the Southern Red Sea. The M/V BLAAMANEN, a Norwegian-flagged chemical/oil tanker, narrowly avoided a Houthi one-way attack drone, while the M/V SAIBABA, a Gabon-owned Indian-flagged crude oil tanker, was hit by a one-way attack drone, causing no reported injuries. These incidents mark the 14th and 15th attacks on commercial shipping by Houthi militants since October 17. The USS LABOON promptly responded to the distress calls, underscoring the ongoing challenges faced by maritime security in the region.

2. It is never loss taking, it is always profit taking. :/ That’s a ridiculous statement.

   
   

   

   
   3. “No one can predict with any certainty which way the next 1,000 points will be. Market fluctuations, while no means comfortable, are normal. ” Peter Lynch.
   

   

   

   
   4. SPY-Levels to look out for 460 support/480 resistance (Around the old all time highs) Inflows are high! The rally looks sustainable at the moment.

   

   
   5. Oil-In the commodities market, iron ore futures surged to $140 per ton, marking the highest point in 18 months. Traders are closely monitoring China's steel outlook for the upcoming year, driving the momentum in iron ore prices. Meanwhile, oil prices continued their ascent following the largest weekly gain in over two months. The focus shifts to potential shipping disruptions in the Red Sea, following a series of Houthi attacks on vessels in this crucial waterway.

   
   Amid these market dynamics, geopolitical tensions are at the forefront of investors' concerns as we enter the new year. Tensions in the Middle East appear poised to escalate, with Iranian President Ebrahim Raisi asserting that Israel will face consequences for the killing of a senior Revolutionary Guard commander in a Damascus airstrike on Monday. Adding to the complexity, the U.S. accused Iran over the weekend of an attack on a tanker in the Indian Ocean. These developments underscore the intricate interplay between global events and commodity markets, shaping the landscape for investors in the coming months.