The Big tech cavalry comes to the rescue of the circled wagons of the non-tech! Strong Q1 results from several of the FAANG Gang has kept the indexes aloft. And until Thursday, the Dow/Russell 2000 and the Nasdaq were going their separate ways. It has
The MSM can always be relied on to offer us great financial news – after the event, of course. We now learn that the S%P having declined by greater than the arbitrary 20% is now in ‘bear market territory’. While I managed to locate the
Sometimes, making trading profits is a breeze when forecasts are panning out and good trends established and targets met. You tend to feel you are a genius! And there are other times when promising trends are suddenly reversed and your best-laid plans go phut! In
Bears are highly evolved social animals with intelligence comparable to that of the great apes. Bears often share friendship, resources and security. So is that why the Russian bear and the Wall Street bear have joined forces to do battle with the all-conquering Wall Street bull ( for security)?
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 that emerged were that a former
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 equinoxes in particular. But perhaps they
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 trading success with us, you will
