TRADING CALL

Short ENEL for December

Friday • 21 November 2014 • 15:36

ENEL is back in territory to get short. Missed it earlier this week but the government placing is coming.

*ITALY MAY SELL 5-6% OF ENEL IN 1ST HALF OF DEC.: SOL

Open Ideas

Monaco Alpha

Trade		Return	Relative Return (vs SXXP)
NOKIA	B	+24%	+27%
CCJ	B	+100%	+103%
FAR	B	-47%	-36.7%
TDW	B	+67%	+82%
FTI	B	-10%	+4.2%
CGG	B	-14.2%	+0.3%
RIG	B	-27%	-12.4%
SUBC	B	+12%	+26.5%
SPM	B	-68.5%	-54%
HLX	B	-28%	26.5%
LKOD	B	N/A	N/A
ATAD	B	N/A	N/A
TLW	B	-28.8%	-14.18%
GKP	B	+40%	+55%
MBTN	B	-1.1%	+12.84%
DOLE	B	-48.5%	-32%
PAM	B	+18.5%	+34.5%
YPF	B	-33.1%	-33.2%
ATO	B	-81.5%	-62.8%

Open Crypto Ideas

Serban

Trade		Return	Relative Return (vs SXXP)
UNI	B	-9%	-21%
LINK	B	+7%	-5%
SOLANA	B	+1160%	+1148%
KSM	B	-9%	-21%
EGLD	B	+124%	+112%
OCEAN	B	-34%	-46%
OGN	B	-43%	-55%
COTI	B	+6%	-6%
ORN	B	-55%	-69%
LIT	B	-50%	-62%
TVK	B	-64%	-76%
FRONT	B	-64%	-76%
MATIC	B	+143%	+134%
RSR	B	+16%	+14%
ACH	B	+48%	+46%
FORTH	B	-1%	-1%

Closed Ideas

Monaco Alpha

Trade		Return	Relative Return (vs SXXP)
Technip	S	-10.3%	-2.7%
CAC vs. DAX		-9.27%	-9.27%
BATS vs. IMT		-8.4%	-8.4%
Enel	S	-4.5%	-6.4%
UniCredit	B	-3.6%	-4.9%
Miners vs. Oils		-3.2%	-3.2%
Sanofi	B	-3.0%	-5.5%
Pirelli	B	55.29%	26.33%
TF1	B	26.1%	15.8%
CRH	B	23.6%	11.5%
ING	B	20.86%	16.09%
KPN	B	18.9%	14.1%
BASF	B	17.2%	6.6%
Commerzbank	B	16.1%	10.3%
Tele2	B	14.9%	13.0%
Tesco	S	13.2%	15.1%
Airbus	B	12.9%	6.6%
Shire	B	12.0%	7.2%
Dixons	B	10.5%	6.8%
BHP Billiton	S	9.68%	4.4%
BMW	S	9.25%	14.06%
Edenred	S	8.4%	12.7%
Rolls Royce	B	6.1%	6.0%
DIA	S	5.59%	1.16%
Fiat	B	5.9%	5.4%
BAE	B	3.7%	0.1%
AB Foods	S	3.4%	5.4%
Dassault	S	0.7%	1.4%
Pop. Milano	B	50.4%	43.6%
Delta Lloyd	B	-21.3%	-18.43
Telecom Italia	S	9.17%	19.16%
Schneider	B	-3.76%	-2.81%
Alstom	B	10.82%	18.53%
VW	B	-23.9%	-21.8%
EON	B	-18.1%	-16.47%
Fiat	B	15.10%	10.79%
ATOS	B	12.5%	7.63%
LVMH	S	0.26%	-11.22%
SABMiller	B	12.46%	9.8%
AIR vs SAF		6.58%	6.58%
ING vs KBC		6.12%	6.12%
Metro	B	14.37%	0.71%
Orange	B	13.01%	18.31%
SKF	B	-3.09%	+4.05%
Rio Tinto	B	-10.24%	-4.71%
Glencore vs SXXP		-9.25%	-9.25%
Sandvik	S	20.61%	8.3%
Swatch	S	45.54%	43.37%
Hermes	S	5.3%	-2.02%
LVMH	S	4.5%	-3.15%
KPN	B	6.6%	9.6%
Ferrari	S	30.31%	17.86%
Renault	B	8.29%	8.88%
Commerzbank	B	12.87	1.92%
NIKE	S	5.1%	5.04
Peugeot	B	52.77%	56.8%
Tesco	S	-2.04%	5.24%
Wolseley	B	11.3%	4.2%
Fiat	S	10.66%	13.42%
Deutsche Telekom	B	-3.99%	+1.45%
Kering	S	-6.7%	-7.3%
WM Morrison	S	-5.5%	-4.6%
WM Morrison	B	3.3%	2.9%
SAB	B	7.7%	5.4%
Adidas	B	174.5%	170.14%
Luxottica	S	4.01%	6.5%
EOAN	B	5.01%	7.2%
Shire	B	20.43%	23.7%
GSK	B	11.31%	14.3%
FTSE NAMES	B	31.74%	38%
Ryanair	S	15.6%	11.2%
VXX US	B	-32.5%	-29.6%
VXX US	B	3.9%	0.4%
BHP	S	3.16%	2.5%
ISP vs ISPR		0.2%	0.2%
BZU	S	-6.1%	-2.5%
ISP	B	17.01%	11.17%
ORANGE	B	7.26%	6.75%
Reckitt's	S	4.09%	3.85%
Adidas	S	-22%	-20.5%
Fiat	S	-15.5%	-14.8%
Nestle	B	13.45%	12.95%
Unilever	S	+0.39%	-3.08%
Easyjet	S	6.3%	7.5%
Deutsche Telekom	B	+2.3%	0.71%
Technicolore	B	-3.25%	-3.88%
RWE	B	+58.66%	+49.48%
Mediaset	S	+31.2%	+24.21%
Michelin	S	+2.87%	+3.07%
Rio	S	+0.65%	-1.28%
Anglo American	S	-0.76%	-1.28%
Gemalto	B	+40.30%	+0.60%
Altice	B	+45.83%	+42.81%
Tullow Oil	B	+47.37%	+29%
Airbus	S	-17.89%	-21.1%
Casino	B	+46.04	+46.01
Ingenico	S	+17.36%	+10.58%
IMI	B	+2.75%	+14.25%
HSBC	B	+29.10%	+40.81%
Coach	B	+21.18%	+13.17%
TITr vs. TIT	B	+2.3%	-2%
Heineken	B	+24.27%	+31.13%
IAG	B	+19.78%	+27.84%
FOX	B	+91.31%	+88.49%
Telecom Italia	B	-33.32%	-43.72%
Zalando	B	+3.73%	-7.37%
Vodafone	B	-15.49%	-21.69%
RNO vs UG	B	-15%	-7.8%
Ubisoft	B	+117.54%	+113.24%
Bollore	B	+9.92%	+11.16%
Bouygues	B	+11.08%	+14.68%
Eni	B	+3.53%	+6.92%
VW	B	+3.26%	+7.89%
EDF	B	+73.97%	+82.75%
Telco consolidation	B	-37.14%	-46.44%
Vivendi	B	+16.87%	+25.66%
Shire	B	+8.93%	+16.53%
Solocal	B	-30.52%	-24.92%
St Gobain	S	+40.31%	+44.31%
Next	S	-9.46%	-3.34%
EEM US	S	+12.56%	+19.12%
Buy Telcos	B	-8.10%	-13.99%
Societe Generale	B	-28.55%	-22.61%
SES	B	+60.91%	+67.83%
Siemens	B	-10.44%	-2.04%
Norsk Hydro	B	-5.05%	+0.36%
K+S	B	+32%	23%
B4B	B	+14.5%	+12.5%
EO	S	-7.5%	-1.8%
KPN	B	+0.25%	-3.3%
ENX	B	+18%	+9.2%
STLA	B	+28.2%	+13.7%
UBI	B	-10.3%	-15.3%
REP	B	+32%	+16.5%
FTSE100	B	+6.69%	-5.2%
FTSE250	B	+8.56%	-6.26%
CNE	B	+56.14%	+41.48%
DAI	B	+8.9%	+3.14%
BMW	B	+7.65%	+7.62%
BAYN	B	+9.04%	-2.75%
HBR	B	+19.45%	+15.34%
BOO	B	-22%	-22%
VIV	B	+18.65%	+18.52%
TMV	B	+51%	+51%
TED	B	+14%	+14%
SSE	B	+5%	+15%
KBC	B	+2%	-2%
SGRE	B	+11%	+7.5%
EDF	B	+31%	+35%
CNA	B	+31%	+37%

Closed Crypto Ideas

Serban

Trade		Return	Relative Return (vs SXXP)
AKRO	B	-4.7%	-2.1%
LTC	B	+61.9%	+58.8%
ATOM	B	-18.8%	-20.8%
THETA	B	-11.1%	-12.9%
FTM	B	-19%	-20.7%
ALGO	B	-10.6%	-12.5%
MATIC	B	+18.3%	+18.1%
SNX	B	+24%	+22.5%
THETA	B	+27.9%	+26.9%
COMP	B	+26%	+23.7%