I couldn’t resist this. Hell has frozen over! Yes, the little town of Hell, Michigan is in the grip of the polar vortex (town sign also frozen over). Are you a ‘shoot first, ask questions later’ type of...
I do not usually comment on political matters as this is outside of my remit – unless there is a clear market impact as there was on Thursday with the latest Brexit twist. Some cabinet ministers resigned over the...
The most famous investor of today has to be Warren Buffett. His acolytes hang on his every word and try desperately to emulate his methods – and with their succes usually falling short in the process. When asked for...
I believe we are very close – finally – to the big swoon in stock indexes most of us have been waiting for (some more patiently than others!) And I will lay out my updated case here, which I...
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...
Last time, I explained at length why your views are not nearly as important in forecasting the price path as that of the other traders. Unless you have more funds available than hedge funds, central banks and governments put...
Yes indeed, the surging oil price story is all over the media with forecasts for $100, $150 and I even saw one for $300 yesterday as they come out of the woodwork in a torrent. It appears everyone is...
Hair-raising is the word for it – trading the US stock indexes I mean and is a day trader’s dream with daily Dow moves of many hundreds of pips. Yes, I sometimes engage in very short-term trading, but my...
FLASH Overnight, we learned of the missile strikes in Syria by US, French and British forces on the evening of Friday the Thirteenth, so that date was very unlucky for some. Stock markets have been largely ignoring this foreseeable...
How many times have I read that pathetic statement from the pundits. Of course, they mean they can’t do it, so it’s better to stay with stocks through a crash (!). That is lazy thinking. But I have made...
US short term interest rates are still rising fast. Last year, I noted this process was starting and suggested that the soaring stock market would one day soon take note. And on January 29, the Dow and S&P finally...
There is one Golden Rule in trading I observe and that is: Always Expect the Unexpected. Although I have been bearish stocks since the January high, last week’s events gave me pause for the immediate downturn. Not only did...