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
Category: Tramline 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
Dear Trading Diary: Pretty much marking time last week except for the new ATH in gold on Friday with silver still lagging badly. Stocks have rallied sharply off Black Monday’s lows until Friday and are at another major crossroads. The cross-currents in the US economy
Dear Trading Diary: That is a well-known aphorism with experienced traders/investors. And that is what our friend Mr Warren Buffett almost did when he sold a vast chunk of Berkshire’s Apple holdings recently near the top. He has now raised a growing pile of cash
Dear trading diary: That was a landmark week, make no mistake. A sentiment switch was flipped on Wednesday 31 July and now Bad News is Bad – really Bad. Latest jobs data was the latest to point to a severely weakening US economy that is
Dear Trading Diary: Following the previous week’s stellar trading results, my account took a typical breather last week – until mid-week, that is. That is when I was presented with a quick 500 pt profit in USD/JPY that was in a strong correction. But have
Dear Trading Diary: A blockbuster week for all of my accounts! My £5,000 Phoenix account has sailed past the milestone £20k mark on the back of my long Dow and long Gold trades (both taken out on trailing stops). And now with signs the AI
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