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Dollar about to rally?

September 26, 2013 // 0 Comments

  The EUR/USD and GBP/USD are at critical points this morning.  The looming US government shut-down over the annual debt ceiling horse trading, combined with the continued QE operations from the Fed have combined to convince many that the dollar is to be shorted.  In fact the COT data back this up. My long-term view is for the dollar to head higher -much higher. [...]

Has TKMaxx maxed out?

September 25, 2013 // 0 Comments

  This is a share I have had my eye on for some time – in fact, I had an aborted trade  about a month ago, as I believed I had found a top. But the market just kept going like the Duracell bunny.  It is a very large US retail holding company and owns TKMaxx here in the UK.  I believe US retail will suffer in the months ahead – already a stalwart US [...]

Dow closes gap

September 24, 2013 // 0 Comments

  My Equinox Indicator seems to be working this time (see yesterday’s MoneyWeek Trader email).  Naturally, this is not a trade timing tool, but it is remarkable how often at the equinox the market finds a top.  The odds are high that we have seen a major top of some kind last week in the Dow. DOW Last week saw the completion of the five up to Thursday’s [...]

We are now live!

September 20, 2013 // 0 Comments

    Welcome to my new site format!   I am happy to say we are live in the new format and will have today’s MC up for you shortly in case you missed it.     Hope you enjoy the new [...]
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