MBCC Trading Highlights 18th October'22 - why is the market pinned at 3600? What is the pain trade here into November?

The market is all about “what is the next catalyst to take it up or down”, it is about the marginal new piece of news. Bear markets can go up 20% before going back down, there is a tactical trade and a cyclical one.

How are the market shaped up to move into November? What stocks/sub sectors will actually go up or down? What are the macro cross asset models flashing here?

What is the pain trade in Commodities here? Flow, positioning, and fundamentals are all important…

All this and more in todays note…