Dear Trading Diary: Last week was OK and I am still making profits weekly. One reason is that I took profits in my long Nasdaq trades (too early, I hear you cry!) and then stayed out of the market while it churned after digesting the
Tag: Fear Index
Am I the only one, but does anyone else think the behaviour of US stock markets is plain nuts (a macro technical term)? We have just had a significant banking scare, interest rates are not falling as fast as many expected, crude oil prices are
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 meantime the rally continues, but on
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
Before November 8 – Trump Day – I warned about heightened volatility in most markets, especially stock indexes, currencies, gold and possibly T-Bonds. But I really had no idea we would see 1,000 point swings down and then up in the Dow, $70 swings up
ANNOUNCEMENT I am launching my new VIP PRO SHARES SERVICE very soon – watch for further details on my website. It is aimed at both spread betters and investors. Could this be the moment I have long been waiting for? In the past two
Yesterday felt like the morning after the night before! Like most, I was somewhat shell-shocked by the Brexit decision and its implications and the market reaction not just here in the UK, but around the globe where stock markets and currencies were whacked very hard.
The violent reaction of markets to the Brexit Leave win this morning says it all. Make no mistake, this is a shot that will be heard around the world. The old order is dying and Brexit is the first of a series of shocks that will
HELP! I am at the stage now where I need serious help in expanding my very successful VIP Traders Club – and this website. Over the past few weeks, VIP Club membership has grown by leaps and bounds and I now realise that the
ANNOUNCEMENT I am now writing articles for Interactive Investor and every Monday I cover a major UK share in Chart of the Week. Here is my latest article on Royal Bank of Scotland. _______________________ Market Commentary Last week confirmed my advice to expect massive volatility
While I was away, the investment world is changed. The pin is getting awful close to the balloon. And as a long-time bear, I have been amazed that it took five years of government manipulations on a gigantic scale (yes, I’m looking at you
ANNOUNCEMENT A heads up – I am taking a break from 6 March to 13 March. There will be no Weekly Wrap next week and my last post before I leave will be on Wednesday. I will resume after 14 March. Is