I have been laying out my case for an imminent reversal in the stock averages in recent issues. Last week’s title was an ironic Up, Up and Away?. Seems my hot air balloon has run out of propane! And once again the timing was spot
Tag: Brent crude
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
What a year! It is customary for market commentators and fortune-tellers such as myself offer a summary of last year’s performance. And to offer ‘insights’ (aka guesses) into what to expect next year. But I like to be different! That way, we are kept on
At certain manic times, such as the one we are currently in, the quest for speed goes hyperbolic. In the 1920s, it was all about air speed races, road races and speedboat races (Donald Campbell in Bluebird). There was an ongoing race among ocean liners
Many small investors believe professional money managers are like gods. In a hot streak, they can create profits seemingly out of thin air. After all, they have access to some of the best brains and research in the world. But of course, all they are
