May 4, 2019
I have just posted a new video on crude oil and how I am going about analysing the bear market rally that has been in force since December. But first, here is the very long term monthly chart giving...
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April 2, 2019
This morning, traders were awoken to the sight of Bitcoin smashing through piles of buy stops to reach my first major target at $5,000 with a $1,000 surge in just a few hours. Yes, that’s right – I have...
March 16, 2019
Hands up all those who are sick and tired of Brexit? I thought so. If you noticed, I rarely mention it in my market coverage – unlike the vast majority of financial pundits who believe it is the main...
February 9, 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...
November 17, 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...
July 21, 2018
In the West, private, corporate and government debt is at record high levels. That is no secret. All could be considered as bubbles. But it is China that wins that race my a country mile. I have lost track...
June 23, 2018
The most famous investor of today has to be Warren Buffett. His acolytes hang on his every word and try desperately to emulate his methods – and with their succes usually falling short in the process. When asked for...
June 9, 2018
Many of us have been expecting a stock market crash for some time, but the reports of its death have been greatly exaggerated – at least since February. While I believe that scenario will come to pass, in the...
May 27, 2018
In a previous post The Oil Price is Suddenly Hot News – Has it Topped?, I pointed to the manic extreme bullish posture of hedge funds in the crude oil bubble which was waiting for the pin to arrive. ...
May 19, 2018
Last time, I explained at length why your views are not nearly as important in forecasting the price path as that of the other traders. Unless you have more funds available than hedge funds, central banks and governments put...
May 12, 2018
Yes indeed, the surging oil price story is all over the media with forecasts for $100, $150 and I even saw one for $300 yesterday as they come out of the woodwork in a torrent. It appears everyone is...
May 5, 2018
Hair-raising is the word for it – trading the US stock indexes I mean and is a day trader’s dream with daily Dow moves of many hundreds of pips. Yes, I sometimes engage in very short-term trading, but my...