Apologies to lemmings (who do not jump off cliffs), but I see this Disney-cooked fantasy as a suitable image for FOMO investors who are likely to suffer this fate. Later today the non farms report will be out and will likely start kicking the army
Category: Follow My Trades
The July 4 Independence Day fireworks displays will light up the US skies on Tuesday – and similar pyrotechnics are now on display in the stock markets (also in France!). A slew of ‘strong’ US economic data last week lit the rocket touch-papers and sent
Today, as the Russian drama (or is it a circus?) plays out, the world stands on the edge of another transformation. And in the financial arena, the era of cheap money is ending as interest rates trend up. This is transforming the outlook for financial
Last week the Nasdaq screamed higher as FOMO investors threw caution to the wind and embraced the bullish frenzy unlocked by the promise of AI to explode growth’ shares’ earnings. But meanwhile ‘value’ shares represented by the Russell 2000 remined relatively moribund. What a difference!
Question: Do you avoid trading Sugar, Cocoa and Coffee? Is that because you ‘do not understand them’ or have no interest? Another question: If you make a good win in the market does it matter to you which market you traded? Because if it does,
What an incredible week in the stock markets. Manic melt-up FOMO buying of the AI -laced Nasdaq at the same time as this headline hit the front pages: “US corporations are filing for bankruptcy at the fastest pace since 2010″. The image of the Roman
This is a remarkable stock market is it not? It must be the most fragmented market in many decades – if not at all time. The next Big Thing is AI which has been getting extensive media coverage (rarely a good sign) – and is
There was a deluge of US data last week which traders took to be generally bullish for shares and positive for the economy. This the power of momentum at work. Actually, it doesn’t matter what the numbers were – if the consensus believes they justify
We have seen three pretty large US regionals bite the dust so far with at least another waiting in the wings. And here it is I guess its fate is now sealed and shareholders appear to be on the verge of a wipe-out. Of course,
The Big tech cavalry comes to the rescue of the circled wagons of the non-tech! Strong Q1 results from several of the FAANG Gang has kept the indexes aloft. And until Thursday, the Dow/Russell 2000 and the Nasdaq were going their separate ways. It has
I believe the Elliott wave theory offers the most comprehensive and logical explanation for the seemingly random moves in the financial markets. I have started a new short video series (uploaded to my website and to YouTube) where I analyse various setups in real time
Am I the only one, but does anyone else think the behaviour of US stock markets is plain nuts (a macro technical term)? We have just had a significant banking scare, interest rates are not falling as fast as many expected, crude oil prices are
