There was a slight delayed reaction, but the Treasury market finally heard the penny drop from the Fed’s announcement that rates will rise. Of course, we all knew that would eventually happen, but the timing was the only thing...
Trading the financial markets is very much like a experiment undertaken by a scientist. You first make a case for how the object studied has behaved in the past under various conditions. You work out a theory that can...
I have long pointed to the date of 10 May as one of critical importance for markets. That was when the Dow made its first ATH at the 35,100 level. It was also the precise date that Copper and...
I started to have ideas that consumer price inflation – suddenly a very hot topic – would likely start to ramp up last Spring/Summer when the US grains (Wheat, Corn, Soybeans) were plumbing new lows and on the verge...
Early on, when I began following Bitcoin, I suspected that it was showing bubble-like tendencies – much like Gamestop – and was unlikely to catch on as a serious asset. Prices were jumping around like a Mexican junping bean. ...
Stocks continue their relentless climb off the March Corona Crash lows. Many stare in disbelief as the now worsening global pandemic is hitting real businesses hard (but not all, of course). But of course, markets do not follow ‘logic’...
Stocks surged last week – into Friday’s record high unemployment data showing a stunning 15% rate. Who said second waves in bear markets are easy to trade? It certainly wasn’t yours truly. They often advance much further than logic...
Most believe markets follow the news and the published economic data. They are wrong – and here is a great example of why they are wrong this week. On Thursday night, there was a ‘bearish’ news report of a...
Are we really approaching Armageddon? The climate alarmists and politicians think so – but only in 20 – 30 years (or 12 months, according to Prince Charles). But there are others in the financial community that believe the coronavirus...
Gold (and to a lesser extent, silver) has been on a tear. Days of £20 gains are fairly common. So it is not surprise that many pundits are calling for new ATHs – especially above the old $1920 high...
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...