January 2nd, 2021
I confess I am old enough to remember this 1963 film of zany car chases – and I am dedicating the title to the past. year, 2020. So will 2021 be any less crazy? So where to start listing...
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November 28th, 2020
In the Thanksgiving-shortened week, stock indexes remained up against their highs. For a long time, these markets have ignored the pandemic even as it is hitting the USA very hard with rising cases and death rates – and the...
March 20th, 2020
Are we really approaching Armageddon? The climate alarmists and politicians think so – but only in 20 – 30 years (or 12 months, according to Prince Charles). But there are others in the financial community that believe the coronavirus...
February 15th, 2020
So far, the effects of the coronavirus on financial markets has been muted. So has the almighty Fed and the Chinese Central Bank won that battle? Are shares really headed for the moon? US investors in their droves think...
November 30th, 2019
I will be away next week and so this will be a brief post during this ‘quiet’ Thanksgiving week. I expect much more life next week. The grind higher in shares has been wearying, has it not? This year,...
November 23rd, 2019
Like most traders, I have been following the progress of the incredible market-leading Apple shares as they have steadily climbed into the stratosphere in recent weeks to Tuesday’s ATH at $268.50. But can they keep advancing even higher and...
November 16th, 2019
Sometimes, it is the lower odds option that wins out in the markets. 100-1 long shots do win horse races. But as Damon Runyon put it: The race may not always be to the swift nor the victory to...
October 26th, 2019
Next week should be interesting. First, the Fed reports on Wednesday. Second, Brexit happens on Thursday the 31st (Halloween). Warning – only one of these statements is true! Stocks continue to levitate, despite all of the less than impressive...
May 25th, 2019
Stocks held up in the early part of the week but I suspected it was just a ‘dead cat bounce’ and wrote this in my Thursday Trade Alert to VIP Traders Club members: ” Another pretty quiet day in...
May 4th, 2019
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...
April 2nd, 2019
This morning, traders were awoken to the sight of Bitcoin smashing through piles of buy stops to reach my first major target at $5,000 with a $1,000 surge in just a few hours. Yes, that’s right – I have...
March 31st, 2019
As long term readers will know, I use MSM articles and especially headlines not to glean some pearls of wisdom, but to run the thermometer over their general tone. If a large majority are bullish, I take note –...