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
Wednesday’s Fed rate hike and Thursday’s ECB hand-sitting produced some seemingly perverse moves in the dollar. The immediate action in the euro on Wednesday was to rally, despite the increased interest rate differential in the US’s favour. Odd. Then on Thursday, Draghi did what he
Great bull markets rarely give up the ghost easily. Just as St George found, his dragon took some time to roll over after the first stab. The vast majority of market tops are rolling affairs with the first decline being met by the army of Dip
As US stock indexes (and not many others) are making all-time highs with the Dow famously topping 20,000, the chorus of doubters gets louder and louder. The vast majority of conventional analysts/gurus/pundits simply cannot believe their eyes. While US company earnings have declined for many quarters
ANNOUNCEMENT The Free Trial Offer to my VIP Traders Club has kicked off in style. Just click here to take up my offer. Hurry – the offer will expire Friday 20 January. On Friday, the Dow rally was in full swing and hit the much-ballyhoo’ed
ANNOUNCEMENT The Free Trial offer to my exclusive VIP TRADERS CLUB will kick off Monday January 9th and will expire Friday January 20th. Members have recently taken terrific profits in Deutsche Bank, Dow, FTSE, USD/JPY, T-Bonds and still hold very profitable open positions in
There are a few times in stock market history when rationality goes totally AWOL and a mania envelops investors like a cloud. We saw it in the 1990s in the Dotcom Bubble when the Nasdaq soared just on the basis of the projected eyeball count
Memo to pundits: Keep up the scare stories, guys. You are doing us a world of good! True to form, the tsunami of gloom-and-doom forecasts last week for the euro if Italy voted No (as they did in droves) produced the desired effect – it
With the market’s reaction to Brexit still fresh in our minds, there is another opportunity for extreme market moves starting Monday when the results of the Italian referendum are known. It’s the long-awaited release of Italian Job Two starring Beppi Grillo! I wonder if Michael Caine’s
What a terrific ride we are enjoying on the Trump Dollar Express and in related markets, but is it time to start thinking about taking a well-earned rest-stop – as well as major profits? And what a ride it has been! Since the ‘surprise’ US
Remember when bad news was good and vice versa? When an utterly dreadful set of US economic data was released (a pretty common occurrence last year), investors cheered – and drove stocks ever higher. The thinking was that the Fed would then be moved to
I am pleased so many have signed up to my three-week Free Trial offer to my new VIP PRO SHARES service. We have placed several trades already which show great promise. If you missed out last time, you can still apply for your Free Trial.
