Dear Trading Diary: That is a well-known aphorism with experienced traders/investors. And that is what our friend Mr Warren Buffett almost did when he sold a vast chunk of Berkshire’s Apple holdings recently near the top. He has now raised a growing pile of cash
Tag: Kiss and scalded cat bounce
Dear trading diary: That was a landmark week, make no mistake. A sentiment switch was flipped on Wednesday 31 July and now Bad News is Bad – really Bad. Latest jobs data was the latest to point to a severely weakening US economy that is
Last week we saw one of the largest losses in Big Tech shares for a very long time capped by Friday’s plunge. I have been forewarning of this and should come as little surprise to Tramline Traders! Last week I pointed out the annualised gain
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 missed the turn! Oh, no.