ANNOUNCEMENT To celebrate the fifth anniversary of my VIP Traders Club, I am opening the doors and you will receive a week’s worth of my Trade Alerts starting Monday. You will see in real time how we manage our...
My bottom line: GOLD/SILVER – Bearish US DOLLAR – Bearish STOCKS – Bearish T-BONDS – Bearish In August. I posted two major comments on gold/silver with these headings: Gold is hot – should you buy? Is it time to...
We are well and truly into the dog days of summer with reduced trading volumes and relatively gentle market action. This may well persist for a while as Europe’s trading desks will see an exodus for the beaches next...
As you know, I scan the MSM for some telling headlines. Occasionally, I come across a glaring example that highlights what the herd are thinking. There is a well-known ‘Magazine Cover Indicator’ that has often spelled the end of...
It is extremely rare for a market analyst to admit his/her mistakes. But hats off to Questor in the Telegraph who comes clean on his spectacularly wrong recommendation to buy Indivior, the UK drug company that markets its opiod...
In a reverse of Alice in Wonderland’s fall down the rabbit hole (read the book again or see the Dsiney film – they’re great!), Disney shares rocketed yesterday with the news of its new streaming service with rival Netflix...
Last time, I hope I convinced you that most of the conventional ideas on how markets work are simply wrong. For instance, I had the example last time that the gold price is not correlated with the dollar, except...
Having taken a two-week break to sunnier climes, I am back at my desk wondering if anything happened while I was away. Apparently, not much – except stock markets topped of course. But being on holiday did not mean...
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 am planning to hold an online seminar soon and would like to check with you if you would likely attend and the topics you would like me to cover. I would appreciate your help by completing this very...
Last time I asked if anyone had seen Santa as markets were in a tailspin a week or so ago. The bulls were in dire need of a Santa Rally alright. And a day late, someone told me he...
Finally! I have read a quote from a money manager that seems to understand how markets really work. In a Bloomberg piece about the tumultuous Turkey shoot, he comments about the record pull-out of South Korean investments in Turkey: ...