It’s suddenly risk-on last week with the battered-down Nasdaq climbing 8% from its bear market low on 6 January. And this sudden change of heart has the MSM in a tizzy with flights of fancy projecting a new bull market. It always amazes me what
Tag: amazon
I have just posted a new video on crude oil and how I am going about analysing the bear market rally that has been in force since December. But first, here is the very long term monthly chart giving perspective to today’s rather puny waves
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 gem. The State of the Union
I couldn’t resist this. Hell has frozen over! Yes, the little town of Hell, Michigan is in the grip of the polar vortex (town sign also frozen over). Are you a ‘shoot first, ask questions later’ type of trader. Or are you a ‘I
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 passive index funds – and right
My new Prime Minister Indicator introduced last week has been working a treat. To recap, the ex-PM Gordon Brown recently urged us to prepare for Armageddon in the global economy and with it, the collapse in asset prices. We rarely hear anything of interest from
Last week I saw – and forecast – a major breach in the defences of the Tech Titans – and I was there ahead of the game to advise short positions to Pro Shares members before the dams broke. My main target was Amazon as
Most investors/traders subscribe to the view that markets follow the news and data releases. The problem with this view is that very often, what most consider ‘bullish’ data is sometimes met with selling (and vice versa). But sometimes, ‘bullish’ data/news is met with an advance.