We are in a major transition between two roughly 100-year long eras. Already, we have seen major changes in society – and markets – that were most definitely off the radar a few years ago from NFTs to cryptos to AI in markets and in
Tag: Joe Granville
There was a deluge of US data last week which traders took to be generally bullish for shares and positive for the economy. This the power of momentum at work. Actually, it doesn’t matter what the numbers were – if the consensus believes they justify
I have some good news and bad news for the bulls. The good news is stocks are recovering some of their huge losses! Huge bounces last week pushed up tech in particular (the much-battered Netflix has gained 20% off its 12 May lows). The bad
Events and markets are moving very fast now. That is bringing in huge volatility where markets are turning on a dime. Large daily spikes up/down (and vice versa) are now common – such as yesterday’s (Friday) 800-pip spike up and then down roller coaster session in the Dow and the sharp reversal in the euro.
Bears are highly evolved social animals with intelligence comparable to that of the great apes. Bears often share friendship, resources and security. So is that why the Russian bear and the Wall Street bear have joined forces to do battle with the all-conquering Wall Street bull ( for security)?
The roadmap I sent to all VIP Traders Club members earlier this month is playing out with high accuracy with stocks surging. Last time, I related how I came to make a 180 degree about-face in my view from bear to bull of the US
