April 10th, 2020
Last week, I asked if you were buying this dip (but I would avoid it like the plague). But last week, many ignored my advice and jumped in with both feet to send the Dow up to the Fibonacci...
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October 12th, 2019
Bloomberg has reported that global Gold ETF bullion holdings are at a record high and have been growing for 17 straight days – also a record run. So with a surge of buying of Gold ETFs, is the Gold...
September 28th, 2019
ANNOUNCEMENT To celebrate the fifth anniversary of my VIP Traders Club, I am opening the doors and you will receive a week’s worth of my Trade Alerts starting Monday. You will see in real time how we manage our...
August 25th, 2019
US stocks in particular have been in a melt-up phase since at least the Christmas low with the Dow trading at the 21,500 region. It then staged what can only be described as a ‘melt-up’ rally to the ATH...
March 31st, 2019
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 –...
February 16th, 2019
As stock market bears gasp in disbelief, the Dow powered into even higher highs in the scorching post-Christmas rally yesterday. Does something smell fishy to you about this stunning move? It certainly did to me – until I discovered...
February 9th, 2019
January was a record-breaking month for shares (but not all) – just as was December, but in the opposite direction, of course. If you had taken a vacation in the winter sun in those two months you would have...
December 29th, 2018
Last time I asked if anyone had seen Santa as markets were in a tailspin a week or so ago. The bulls were in dire need of a Santa Rally alright. And a day late, someone told me he...
November 17th, 2018
I do not usually comment on political matters as this is outside of my remit – unless there is a clear market impact as there was on Thursday with the latest Brexit twist. Some cabinet ministers resigned over the...
October 13th, 2018
Now that the Dow has plunged by 2,000 pips in a matter of eight trading days and has met a major trendline (as has the Nasdaq), it has entered a very tricky phase (for short term traders, that is). ...
October 10th, 2018
That 1990 cold war era film starring Sean Connery was about a chase of Red October, a Soviet submarine. And how apropos to today’s cyber (and chemical) warfare with the same Russians (but under a different name)! History doesn’t ...
September 30th, 2018
By now, the whole world is aware of the ten-year anniversary of the last financial crisis that most investors have forgotten already. And just to remind us, that most mainstream medium – the BBC – are trailing a major...