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...
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...
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,...
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...
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...
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...
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...
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...
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...
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 –...
Yes indeed, the surging oil price story is all over the media with forecasts for $100, $150 and I even saw one for $300 yesterday as they come out of the woodwork in a torrent. It appears everyone is...
FLASH Overnight, we learned of the missile strikes in Syria by US, French and British forces on the evening of Friday the Thirteenth, so that date was very unlucky for some. Stock markets have been largely ignoring this foreseeable...