I have long been fascinated by the phenomenon of herding. Many animal species do it seemingly automatically. For deer, a close knit group offers some kind of defence against predators who prefer to pick off stragglers rather than to...
Stocks continued along their new-found volatile tracks last week with the Dow plunging to my target at 25,200 on Monday and then recovering swiftly to a high of 25,960 on Thursday – another target I set beforehand. But if...
I rarely mention politics here – mainly because most of the utterances from our glorious ‘leaders’ have a certain entertainment value, but little else for serious traders. But I just had to laugh when I came across this little...
For the last ten years, investors have been fed the line from advisors that Buy and Hold is the winning strategy. And that is why whole armies of investors – particularly newbies – have been falling over themselves buying...
Yesterday’s volatile stock market action was telling. For the first time in weeks, the Dow suffered a significant fall – but then recovered. The VIX Volatility Index was likewise volatile (sharp up and then sharp down) The news items...
I have been following the progress of the major US internet stocks for years – and like many old timers, have been amazed by the ‘value’ the market has placed on them. The notorious FAANG Gang (Facebook, Apple, Amazon,...