And especially in the Chinese markets (and also the Dow – see below). Latest data out of China appears to be dreadful and the MSM have jumped all over it with headlines such as this from the Telegraph: China faces an economic perfect storm –
Tag: Net Zero
Question: Do you avoid trading Sugar, Cocoa and Coffee? Is that because you ‘do not understand them’ or have no interest? Another question: If you make a good win in the market does it matter to you which market you traded? Because if it does,
Call me an unreconstructed doubting Thomas, but I have always questioned the accepted rationale behind the “Good” of Good Friday. Why was it “Good”? After all, this is the day Jesus Christ was crucified, for heaven’s sake. And this should bring into question a great
As I have been maintaining all along, the Net Zero fantasy is the pin the stock market bubble has been looking for. Shares fell very hard yesterday and with huge rises in energy bills looming, economies are on the brink of severe implosions. The Law
Bullish mania is running rampant in Pundit-land – at least it was until last week. Human nature, being unfixed probably in millennia, compels most to find easy-to-digest rationalisations for what has just happened. And since June, what happened was the strong share rally off the
US Crude oil is in the process of correcting the huge surge to my main target to the $128 high a month ago. Latest quote is $96 – a decline of $32 (25%). Of course, the price could rally back from around here – or it could correct further as some traders expect a price-induced increase in supplies to the spot market.
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.
Regular readers will know that we have been riding these majestic waves ever higher in commodities – from crude oil to coffee to soybeans and more – from the lows almost exactly two years ago. And now the long-anticipated invasion of Ukraine by Mr Putin has occurred – and my question is this: have we reached the terminus of the Putin commodity train.