Dear Trading Diary: Following the previous week’s stellar trading results, my account took a typical breather last week – until mid-week, that is. That is when I was presented with a quick 500 pt profit in USD/JPY that was in a strong correction. But have
Dear Trading Diary: I had a pretty decent week with a large part profit taken in Wheat (see below), full profits taken in FTSE, and huge ongoing gains in NatGas and Gold among others. I feel my swing trading mojo is back on track and
Once in a while, national politics is gripped in a major drama. But not only is that in evidence in the UK with the Shakespearian Fall of Boris, but also in the USA. The resignation of Boris was preceded by multiple resignations of cabinet ministers
I believe we are very close – finally – to the big swoon in stock indexes most of us have been waiting for (some more patiently than others!) And I will lay out my updated case here, which I believe is stronger than ever. Last
I’m sure, like me, you have noticed an avalanche of references to Bitcoin and other cryptocurrencies in the MSM in recent days. Yes, the coverage has been pretty steady as Bitcoin moved above the $4,000 level in mid-August. But since then, the manic excitement has
The EUR/GBP cross is close to the heart of many UK residents who worry constantly about the tourist exchange rate, especially when a holiday on the Continent looms. Should I exchange now or wait for a possibly better rate? And where can I get the
Stocks are powering higher and climbing their massive Wall of Worry – and my question is whether the Great Disruptor’s Mexican Wall will stretch as high if/when it ever gets built? So far, the market is avidly ignoring the ‘political risk’ that looms large in
It appears nothing can stop the relentless rise of the major stock indexes – not even the Fed can in its determination to follow the market by raising interest rates. One of the big mysteries of the markets is why do so many people slavishly hang
As you know, one of my favourite indoor sports is spotting the analysts/economists who get their knickers in a twist over some ‘perverse’ market move that they completely cannot understand. The strength of my guffaw is a measure of how anguished he/she is. In recent
I recently came across this quote from the infamous James Joyce novel Ulysses: “The movements which work revolutions in the world are born out of the dreams and visions from the peasants’ hearts. ” He was writing in the early 20th Century where there were
Right after I posted yesterday’s coverage of copper (Copper is King), I spotted an article in Bloomberg: Crazy, Nuts, Unsustainable: Analysts in Disbelief over Copper. I had to laugh when I read this: “The copper market went haywire this week, leaving analysts voicing shock over
