Dear Trading Diary: Like my left/right inference above? I was not the only one caught off guard by the crushing Trump come-back and took a few hits to my trades, but by using my trusty Break Even Rule, the damage was well contained. That BE
Author: John Burford
Dear Trading Diary: Don’t say I didn’t warn you. Last week I highlighted the VIX Fear Index and how it was being well supported despite new ATHs in the major US indexes. It is highly unusual to see the VIX trade above the 20 level
Dear Trading Diary: The XIX Fear Index is telling investors that it us time to start heading for the door. Already, there seems to be an avalanche of US corporate insiders doing just that. Last week was a week of sharp contrasts with the Dow
Dear Trading Diary: It has been a few weeks since the Great Chinese Rocket got off the launchpad with the infamous 40% one-week surge to the precise Fib 50% retrace of the major decline off the January 2021 ATH. That destroyed many hedge fund short
Dear Trading Diary: The headline-grabbing frenzy over Chinese shares cooled on Tuesday (down 7%) when the cash Shanghai market re-opened after the week-long break. In just two weeks, the A50 index surged by 40% (as did Hong Kong) and is now off by xxx% What
Dear Trading Diary: While timing certainly is not everything – as the popular saying goes – it is an essential element of a successful trading career. Not so much in investing as shares are usually bought with 100% cash and many investors can withstand a
Dear Trading Diary: The rocket put under Chinese shares on Monday by the PBOC’s massive easing operations (with more to come?) was not a bolt from the blue, as some pundits have it. No, in the previous week I had lined up my VIP Traders
Dear Trading Diary: Question: If the Fed found it necessary to make their first rate cut in years by a mammoth 50 bps on Wednesday, and the market is expecting further large cuts every month, is this signalling a strong economy or a weak one?
Dear Trading diary: That question must be at the forefront of the minds of investors and analysts. Just like the highly polarised politics today, investors are two camps with diametrically opposed outcomes. It is a binary choice, according to the MSM. At Wednesday’s FOMC we
Dear Trading Diary: On Tuesday 3 September I called the top of the Dow at 41,600 (the Nasdaq had already topped in June) for my subscribers. But that was no random date plucked out of thin air! It is a curious fact that on the
Dear Trading Diary: Nvidia results on Wednesday came and went off just like the damp squib I had suggested. That must have been a surprise to most as so much anticipation had been built in. It did though break the mould of all previous quarterly
Dear Trading Diary: Bingo! My Phoenix account has reached another milestone. From a humble £5,000 start it has now reached the impressive £25,000 valuation in just 17 months, making it a five-bagger. I want to point out one very important feature. That is for the