How to lose $4 Trillion in three months? That is the loss of capital in the S&P 500 since the wave 2 high on July 27. A few more months of that punishment and pretty soon we shall be talking serious money. Google/Alphabet has been
Tag: Lloyds
We have seen three pretty large US regionals bite the dust so far with at least another waiting in the wings. And here it is I guess its fate is now sealed and shareholders appear to be on the verge of a wipe-out. Of course,
That was certainly one of the most eventful weeks for a while. The Fed tied itself in knots hiking rates (and promising to do more of what it takes to cool the hot inflation) and at the same time expanding Q£ by trillions to save
As I noted to my VIP Traders Club members, on the recent data dump days, the Dow swung violently by around 600 pts up and then down and then up first on the FOMC of 1 February and then again on the US CPI of
I have waited and waited and waited for the PMs to begin major turn-arounds from their deep bear trends off their March highs. And so far, to no avail. It has been an exercise in total frustration especially for Gold. Since July, odds have been
The ancients worshiped the sun, especially the Egyptians – and they knew a thing or two about how to manage their crops. Sadly, most traders today do not pay any special attention to the solar cycle: the solstices and equinoxes in particular. But perhaps they
