Nasdaq is enjoying a bearish 50/100 bearish cross. It wasn’t pretty the last time this happened. Amazingly, the NTM PE on Info TEch is now the same as Staples. When dealer gamma is negative like this, indicating the market is short, the market makers buy as prices rise and sell if they fall, raising volatility.
For those old enough, the Sydney Olympics held from 15 September to 1 October 2000 was ‘peak Australia’. It was a time when national pride and unity were at an all-time high. Australian living standards were peaking, per capita economic growth and productivity were strong, and homes were still affordable. The year 2000 was also
Société Générale has weighed in on the forthcoming surge in global LNG supply. SG argues that an increase in the supply of LNG basically makes the world’s gas markets more connected. The US, European, and Asian (JKM) gas markets are all in the same hemisphere, so their seasonal patterns are pretty much the same. For
Universities Australia (UA) has published its pre-budget submission, which repeats the lie that international education is “a $52 billion export engine” and “one of Australia’s biggest money-makers”. This fantastical $52 billion education export figure comes from the Australian Bureau of Statistics (ABS) and is wildly exaggerated because it does not subtract money earned and then
The crushing of traditional state politics continues today as another new poll, this time Roy Morgan, shows One Nation on fire in NSW. On the primary vote, New South Wales voters are divided a year before a state election, with One Nation (30%) now the most popular, leading the governing ALP (25%) and the official
By Salvatore Babones It’s back to school this week for most of Australia’s 1.5 million university students—and back to Canberra for Australia’s top 1000 education bureaucrats. Universities Australia is holding its annual Solutions Summit this week in Canberra. The jamboree kicks off today with a session on “Putting First Nations at the heart of higher
Recently, Canadian news outlet ‘The Globe and Mail’ provoked controversy and furious social media discussions with one of its analyses. In it, the author asserted that, based on per capita GDP adjusted for Purchasing Power Parity (PPP), Canada was now poorer than the U.S. state of Alabama. According to IMF figures, Canada’s per capita GDP
Real per capita household disposable income is arguably the single best measure of material living standards. The OECD has released cross-country data on real per capita household disposable income for the third quarter of 2025. According to the OECD, Australia has recorded the smallest increase in real per capita household disposable income among major English-speaking
Lol, you go girl. Our favorite thorn in the side of the fake left, Drew Pavlou, has been deported back to Australia. Pavlou recently decided to test Billie Eilish’s Grammy Awards statement that “no one is illegal on stolen land.” He joked that, as an illegal immigrant, he would fly to Los Angeles and “occupy”
I have been recording an increasing bearishness in the market over the past few weeks. Now it appears the tail risk might be on the other side of the boat, or on both sides. Short interest has rocketed. It’s in the Sardines too. Weirdly, tech is the least shorted. It’s mostly defensives. With vol on