Dear Trading Diary: Another very decent week with my Tesla position zooming up by one third in just a week from $185 to $245. And my long currency positions continue base-building with higher prices looming. And my PM positions continue trading very favourably. But NatGas
Author: John Burford
Dear Trading Diary: Last week was pretty acceptable with more gains in my Crude Oil position, a nifty and profitable fleet-of-foot rotation in and out of the Dow/Nasdaq spread, some bottoming action in the PMs, and encouraging early trend reversal action in Wheat, Sugar and
Dear Trading Diary: I had another good but pivotal week with Crude oil advancing. Currencies were quiet, Of what should be major significance (but under the MSM radar), Thursday was on the Summer Solstice when markets can often set important tops/bottoms. I put out a
Dear Trading Diary: Last week was OK and I am still making profits weekly. One reason is that I took profits in my long Nasdaq trades (too early, I hear you cry!) and then stayed out of the market while it churned after digesting the
Dear Trading Diary: I had another very decent week – until Friday, that is. Huge reversals in Gold and the dollar took me out of promising positions at my trailing stops for profits diminished by the sharp reversals. But hey – making any profit is
Dear Trading Diary: What a bizarre week! Profit-wise, it was very good with a large win in my short Dow trade and in my long NatGas and GBP/USD campaigns. No, what was bizarre was the Trump verdict. He is the first US ex-President to be
Dear Trading Diary: I had a pretty decent week with a large part profit taken in Wheat (see below), full profits taken in FTSE, and huge ongoing gains in NatGas and Gold among others. I feel my swing trading mojo is back on track and
While stocks suffered hugely volatile up/down swings last week (and were a nightmare to trade), traders in the oft-neglected agricultural commodities that are continuing their spirited recoveries (as I have pinpointed in recent blogs) enjoyed sleep-full nights. Stock index traders have not had such restful
On the date of the Spring Equinox March 21, the Dow made a new ATH at 40,355 off the October 2023 low following the scorching six-month rally phase off the 29,000 area for a massive 11,400 pt gain (40%). And that is The Top (so
How do you make money in the markets? It’s simple: a) choose the right direction and b) get your entry timing as perfect as you can. It’s no good if you get the direction right and get your timing wrong. Sitting on a losing trade
We are in a major transition between two roughly 100-year long eras. Already, we have seen major changes in society – and markets – that were most definitely off the radar a few years ago from NFTs to cryptos to AI in markets and in
Everywhere you look you see the word ‘bubble’ associated with the booming stock markets. I say ‘booming’ selectively as the word accurately describes anything to do with AI, but not to some other sectors, including EV makers (see last week’s blog for the disaster there).
