Tag: nikkei
Regular readers will know I have been not so patiently waiting for this. It is a common observation that currency markets often extend trends far longer than you think possible. In Elliott wave terms, we see many extended fifth waves and these are often the
I continue to be amazed at the lack of understanding out there on how markets really work – and this is among professional money managers who should know better. I wrote to my VIP Traders Club members this morning with this quote from AEP in
I confess I am really enjoying the mayhem prevailing within the madcap world of crypto-currencies. And no wonder, when you have one of the thousands of virtual coins out there explode from 25 cents in early December to $3.25 (a gain of 1200% in a
It is always extremely hazardous forecasting when a manic bull trend is turning, especially in real time! As the famous philosopher and baseball legend Yogi Berra said “ It ain’t over till it’s over“. And the famous atomic physicist Neils Bohr said: “Prediction is very
I am sure we have all heard of the Hemline Indicator (otherwise known as the Skirt Length Index). But with this week’s fashion bombshell news, it appears we may have a new take on it as it reflects on the state of the economy and
Yesterday, I lashed into the BOJ for being a serial stimulation one-trick pony. I guess my post hit a nerve with Kuroda-san and overnight, he suddenly abandoned orders for more money printing presses and went back to sleep. Shock, horror. This morning, the yen was 3
With a growing amount of sovereign (and other) debt in negative yield territory, risks of holding long-term debt are magnifying. In normal times, the world of bonds was called “fixed income”. Investors would receive regular coupon payments until the bond expired. But now with negative
“The party’s over, It’s time to call it a day They’ve burst your pretty balloon And taken the moon away” Song lyrics by Jules Styne (1956) Market Commentary Stocks are gradually rolling over. Yesterday’s 350 pip plunge in the Dow broke one of
HELP! I am at the stage now where I need serious help in expanding my very successful VIP Traders Club – and this website. Over the past few weeks, VIP Club membership has grown by leaps and bounds and I now realise that the
ANNOUNCEMENTS I will be holding an intensive 2-hour trading workshop at the London Money Show on Saturday 8 November. Full details here. In one or two weeks, I shall be changing the format of my blog and introducing an exciting new service in conjunction
A heads -up that I will be giving an intensive two-hour trading masterclass at the London Money Show on Saturday 8 November. I will post details, which will entitle you to a hefty discount, in the next few days. Stock markets are falling