I have long been fascinated by the phenomenon of herding. Many animal species do it seemingly automatically. For deer, a close knit group offers some kind of defence against predators who prefer to pick off stragglers rather than to...
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...
Who remembers the 1980s British TV series Tales of the Unexpected? They were stories with an unexpected twist at the end – and the stock market story of 2017 could well have been one of them! This Year of...
I have been describing a whole slew of sentiment indicators here from the COT, AAII surveys, Investors Intelligence surveys, DSI surveys and all are saying the same thing loud and clear – bullish mania is extreme. Of course, these...
One of my favourite hobbies is to scan the MSM for extreme headlines – and find a reason to bet against it. Recent action in GBP/USD has once again highlighted how profitable my hobby really is. As we all...
I have just read a fascinating article about Joseph Goebbels’ personal secretary (Frau Pomsel) and her life at the very heart of the Nazi regime. She was in Hitler’s bunker in 1945 when both Hitler and Goebbels committed suicide...