The much-anticipated FOMC statement on Wednesday’s small 25 bps hike was greeted with open arms by the bulls, who already had pushed the FANG Gang up last month by an astonishing 40%+. Of course, Big Tech had been clobbered most of last year by rising
Tag: contrarian
As long time readers will know, I just love going against the crowd – but only when the time is right! I realise many non-professional traders consider themselves contrarians – but are they? Since a large portion of them lose money (the stats on spread
Regular readers know that I make a special focus on forecasting major trend changes in my swing trading approach. Not only does that give me the opportunity to take maximum profits from the old trend, but also gives me the ability to jump on the