The bond markets have been receiving a little more than their usual non-attention recently. Most traders/investors ignore them and the vast majority of MSM financial coverage is still directed at shares. After all, shares are sexier and bonds are frankly pretty boring. The usually totally
I am sure I am not the only one who is wide-eyed at the strength of the stock market rallies over the previous six weeks or so. From the depths of the intense gloom surrounding markets in mid-October to the almost euphoric stance of the
The Dow made a major low on October 13 at 28,600. Since then it has rallied to 34,000 – a gain of 5,400 pts (almost 20%) in just five weeks. That is a very sharp rally. And that is exactly the kind of rally we
Last week the Fed followed market rates and hiked by 75 bps and indicated more to come to ‘fight inflation’ and stocks fell. Then the CPI data dump on Friday cancelled that idea with a soft headline figure and bond yields and the dollar fell
At significant market turns, such as we are now in, divergences between related markets proliferate and become stark. We have them in stocks and gold/silver. Such is the case in stock markets where the leaders in the current stock market push are getting thinner with
Many of us have been expecting a stock market crash for some time, but the reports of its death have been greatly exaggerated – at least since February. While I believe that scenario will come to pass, in the meantime the rally continues, but on
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 will focus more heavily on the US stock indexes from now on because I believe we are getting very close to The Top. It is striking that only some of the major US indexes are making new all-time highs among the global indexes. And
ANNOUNCEMENT I have received a gratifying number of discerning traders taking up my Free Trial Offer to my VIP TRADERS CLUB that officially closed yesterday. The good news is that I am extending the deadline to next Friday 27 January to allow late-comers the chance to
ANNOUNCEMENTS We have had a few problems with our email service last week and some members and subscribers may have been dropped off their list. If you have not received your VIP TRADERS TRADES CLUB TRADE ALERTS or PRO SHARES TRADE ALERTS for a couple
With the market’s reaction to Brexit still fresh in our minds, there is another opportunity for extreme market moves starting Monday when the results of the Italian referendum are known. It’s the long-awaited release of Italian Job Two starring Beppi Grillo! I wonder if Michael Caine’s
