There is one Golden Rule in trading I observe and that is: Always Expect the Unexpected. Although I have been bearish stocks since the January high, last week’s events gave me pause for the immediate downturn. Not only did North Korea appear to cosy up
Ever since the big crash of 2007 – 2009, I have been forecasting a deflationary depression for the global economy. I realise this is a very bold call. Some would even say it is totally nuts given today’s ‘Goldilocks’ economy.. What could possibly go wrong?
Wednesday’s Fed rate hike and Thursday’s ECB hand-sitting produced some seemingly perverse moves in the dollar. The immediate action in the euro on Wednesday was to rally, despite the increased interest rate differential in the US’s favour. Odd. Then on Thursday, Draghi did what he
Market Commentary I was away at the MoneyWeek Conference last week where I gave a talk entitled: “How I make profits in today’s volatile markets’. And just to emphasise the point that today’s markets are indeed extremely volatile, the firs two speakers had diametrically
ANNOUNCEMENT I am having this website upgraded very soon with more features and a much easier to read format. Watch out for more news! ______________ Market Commentary If you think forecasting financial markets is tough, try politics! Until Thursday polling day here in the
This will be a shorter than usual post since I will be away most of the weekend for my birthday celebrations. Market commentary What a surprise! As I wryly forecast last week, Greece has indeed secured its bail-out with a four month extension
Sign up for my Tramline Trading Alert service here. Market Commentary I have been forecasting a deflationary depression now for quite a few years (when it was on the radar of very few) and all of a sudden the chickens are coming home to
ANNOUNCEMENTS I will be holding an intensive 2-hour trading workshop at the London Money Show on Saturday 8 November. Full details here. In one or two weeks, I shall be changing the format of my blog and introducing an exciting new service in conjunction
ANNOUNCEMENT I am delighted , or should I say overjoyed, that Robert Prechter has highly recommended my new book Tramline Trading in his monthly newsletter Elliott Wave Theorist: To order your copy, see here. The cracks are starting to appear in the whole house
