July 24th, 2021
Glory be! The Dow managed to eke out a slight new ATH yesterday at the 35,100 mark. But it was not on convincing strength – the advance/decline ratios were tepid at best. And get this – in the red...
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September 12th, 2020
I was somewhat amazed by sterling’s strength as it climbed off its March Corona Crash low of 1.14 – and especially from the mid-July levels around 1.26 to the 1 September high at 1.35. What were traders smoking? Yes,...
July 25th, 2020
I have long been fascinated by the phenomenon of herding. Many animal species do it seemingly automatically. For deer, a close knit group offers some kind of defence against predators who prefer to pick off stragglers rather than to...
December 2nd, 2017
Yesterday’s volatile stock market action was telling. For the first time in weeks, the Dow suffered a significant fall – but then recovered. The VIX Volatility Index was likewise volatile (sharp up and then sharp down) The news items...
July 1st, 2017
The ancients worshiped the sun, especially the Egyptians – and they knew a thing or two about how to manage their crops. Sadly, most traders today do not pay any special attention to the solar cycle: the solstices and...
June 20th, 2017
BIG ANNOUNCEMENT Next month I will be running my semi-annual Free Trial Offer to my VIP TRADERS CLUB. This is your opportunity to road-test my service. But I must warn you – it is not for everyone. To achieve...
June 10th, 2017
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...