That identified a reasonable opportunity to establish
a speculative position at controlled risk, even in a market that was historically overvalued and on course to advance further.
If this bull market has a long future ahead of it — which I strongly doubt, but which we do have to allow — there will likely be several appropriate points to establish
a speculative position at controlled risk (speculative, because my view is that the long - term investment merit of stocks is quite weak here).
Not exact matches
That said, a sufficient improvement in trend uniformity would indicate
at least moderate
speculative merit for market risk, and would place us in a more constructive
position.
Financial services group Nordea, which banned its employees from engaging in off - the - clock cryptocurrency trading earlier this year, said
at the time that financial institutions often «restrict the personal account dealing of staff to prevent them taking
positions in
speculative investments, or which might expose them to a risk of financial loss and therefore impact their financial standing.»
Some are betting on further declines;
speculative short
positioning is
at three - and - a-half year highs in the futures market.
As an aside, the biggest ever
speculative net short
position in silver futures (of more than 10,000 contracts) was recorded in late July 1997 — with silver trading
at $ 4.43, then the low of the year.
These changes coincide with
speculative COMEX short
positions at record levels, as indicated in the Meridian Macro chart below:
We really hope global demand growth expectations materialize, otherwise we will once again be out of balance
at a time when
speculative long
positions are
at all - time highs.
Dean suggests that American religious empiricists may have lapsed into objectivism
at times, but a third
position of
speculative and radically empirical realism, a religious historicism, holds up well in the current forces of deconstructionism, neopragmatism, and language philosophy.
«Wenger looking
at wonderkid — typical cheapskate Wenger» or «Wenger can't close a
speculative deal for a top, young prospect who plays in a
position we need».
If I were managing bonds
at present, I would be giving up yield
at present by selling my
speculative long bond
positions that served me well over the past few months in my model portfolio.
Current
positioning of investors does not
at all suggesting that investor sentiment is excessive or
speculative, and the final element on the bear market checklist is valuation.
He added: «When a businessman takes a
speculative position in compromising his wife's claims, why should the court subsequently relieve him of the consequences of his speculation by rewriting the bargain
at his behest?
As a general rule we do not accept
speculative referrals, and our willingness to look
at CVs will depend in part on how long we have been trying to fill a particular
position.