ANNOUNCEMENT I am launching my new VIP PRO SHARES SERVICE very soon – watch for further details on my website. It is aimed at both spread betters and investors. Could this be the moment I have long been waiting for? In the past two
Tag: DJIA
I have been commenting on the numerous headwinds that US stocks are facing over the months – and in recent days, they have become stronger. There are many compelling reasons to believe stocks are over-valued with the P/E on the S&P 500 at 24x –
Yesterday felt like the morning after the night before! Like most, I was somewhat shell-shocked by the Brexit decision and its implications and the market reaction not just here in the UK, but around the globe where stock markets and currencies were whacked very hard.
The violent reaction of markets to the Brexit Leave win this morning says it all. Make no mistake, this is a shot that will be heard around the world. The old order is dying and Brexit is the first of a series of shocks that will
Later today, the Fed will (probably) announce something about their plans to raise the Fed Funds rate (or not) – or even lower them (or not). Their major goal is to get consumer inflation up to the magic 2% level where they have a touching
With $10 Trillion (and growing) of sovereign debt in negative yield, can the UK and USA be far behind? That is the big question on bond traders’ minds. With the hunt for yield getting more and more frantic, formerly high-risk junk bonds that were shunned
Traders know full well that you can be right on a market – and still lose money. That’s why getting your timing of entries right is absolutely crucial – and my Tramline method last week has proved itself worth its weight in gold (literally). I
I had more or less pledged not to discuss the childish level of ‘debate’ surrounding Brexit that politicians are spouting. But this one really caught my eye for sheer chutzpah – and ignorance. Cameron claims that a vote for Brexit would doom the UK to
I am now working with Elliott Wave International to bring you their leading research that I hope will make you better traders, as it has done for me. I have been following Bob Prechter for a few decades (!) and cannot recommend their work highly
In these pages, I usually obey the unwritten rule when in a pub – no politics. But the Brexit so-called ‘debate’ that will surely impact markets (if it hasn’t already started doing so) will be my exception that breaks the rule. On any reasonably impartial
The German stock index has been in great favour from advisors wishing to play the EU recovery theme. And recent data appears to support this belief. But from a swing trading perspective, the recent rally has provided a gold-standard trade setup. And this has been
Yesterday, I lashed into the BOJ for being a serial stimulation one-trick pony. I guess my post hit a nerve with Kuroda-san and overnight, he suddenly abandoned orders for more money printing presses and went back to sleep. Shock, horror. This morning, the yen was 3
