I ask that question rhetorically because I have asked it several times this year – and the answer was always ‘no’. A few weeks ago, I noted a rush of MSM articles that proclaimed the end was nigh – and I took that as a
Tag: euro
I rarely read about someone in the MSM who embraces the notion that we humans do not base our decisions on rationality, but on emotion. Of course, this destroys in one fell swoop the basis on which economic theory as taught in universities! The latter
It is always extremely hazardous forecasting when a manic bull trend is turning, especially in real time! As the famous philosopher and baseball legend Yogi Berra said “ It ain’t over till it’s over“. And the famous atomic physicist Neils Bohr said: “Prediction is very
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
ANNOUNCEMENT I am now offering a 14-day Free Trial to my VIP Traders Club throughout the year. Sample a membership for free and see for yourself if it fits in with your trading style and profit goals. Details here. Yet another North Korean missile
I have been asking Are We There Yet? recently. On Tuesday as the Dow and S&P were making new all-time highs, stocks sold off later in the day and closed sharply lower. That was the signal I was waiting for. But for confirmation of a
Almost everyone hates the dollar. How do I know? The latest Daily Sentiment Index (DSI) plumbed a six year low last week at only 8% bulls. This index is a poll of professional US money managers – and back in December, when the Dollar Index
When stocks make major highs, they do not all do it lockstep. And I believe a major high is upon us. But isn’t it curious that sentiment between the professional money managers and the public appears to be poles apart? Not when you accept that
I am always on the lookout for omens in the MSM especially that seem to foretell a major turn in a key market. A prominent article about what investors are doing and thinking can be relied on to signal an imminent turn, especially when the
FREE TRIAL OFFER TO VIP TRADERS CLUB STARTS NOW Yes, my semi-annual two week Free Trial offer to my exclusive VIP TRADERS CLUB is now open. APPLY HERE I cover many stock indexes,many currency crosses, gold, silver, T-Bonds, metals, US grains and soft commodities (sugar, cocoa
I am no great devotee of the political scene, except for light relief from trading, but the campaign waged by the ruling party in Thursday’s elections must rank as one of the most incompetent ever. Not only that but Labour, who could -and did –
I have been following the progress of the major US internet stocks for years – and like many old timers, have been amazed by the ‘value’ the market has placed on them. The notorious FAANG Gang (Facebook, Apple, Amazon, Netflix, Google) has gone down in