Patrick Ceresna
Patrick Ceresna discussed a bearish Canadian-dollar options trade expressing Brent Johnson’s preference for the U.S. dollar over the Canadian dollar, while allowing for a near-term Canadian-dollar rebound 1. He also focused on bond-market stress, rising yields and deteriorating equity breadth, arguing that thin market leadership could eventually trigger broader equity repricing 1. Ceresna highlighted a narrowing technology leadership group, with only NVIDIA and Microsoft still advancing among the hyperscalers, and identified potential S&P selling triggers if leadership breaks 1.
From the window to Oct 10, 05:30 ET — this window's take is still to be written.
Their output
1 this weekStories it travels in
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The stories
- ○ a voice, on the left
- ◌ a voice raising half of these
- ● a subject, on the right, under its story
- ⌒ a line is a voice raising a subject — thicker, more items; colour is the story
The stories this entity travels in: on the right, each story with the subjects seen alongside it; on the left, the voices that raised them, and a line for every subject a voice raised, bundled by story. Tap a voice to light everything it raises, a subject for who raised it, a story for its own lines. The crumb goes back.
Who brings it up
- Yasir Arafat 1 mention
- Erik Townsend 1 mention
What they talk about
- 25 basis point 1 item
- CoreWeave 1 item
- advanced nuclear industry 1 item
- Implied volatility 1 item
- healthcare 1 item
- data centers 1 item
- WTI 1 item
- positioning score 1 item
See what your own voices say about Patrick Ceresna, every morning.
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