Dear Trading Diary: The headline-grabbing frenzy over Chinese shares cooled on Tuesday (down 7%) when the cash Shanghai market re-opened after the week-long break. In just two weeks, the A50 index surged by 40% (as did Hong Kong) and is now off by xxx% What
Dear Trading diary: That question must be at the forefront of the minds of investors and analysts. Just like the highly polarised politics today, investors are two camps with diametrically opposed outcomes. It is a binary choice, according to the MSM. At Wednesday’s FOMC we
Dear Trading Diary: Bingo! My Phoenix account has reached another milestone. From a humble £5,000 start it has now reached the impressive £25,000 valuation in just 17 months, making it a five-bagger. I want to point out one very important feature. That is for the
Dear Trading Diary: Another very decent week with my Tesla position zooming up by one third in just a week from $185 to $245. And my long currency positions continue base-building with higher prices looming. And my PM positions continue trading very favourably. But NatGas
Dear Trading Diary: I had another good but pivotal week with Crude oil advancing. Currencies were quiet, Of what should be major significance (but under the MSM radar), Thursday was on the Summer Solstice when markets can often set important tops/bottoms. I put out a
Dear Trading Diary: Last week was OK and I am still making profits weekly. One reason is that I took profits in my long Nasdaq trades (too early, I hear you cry!) and then stayed out of the market while it churned after digesting the
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
At certain points in the progress of the financial markets we can get a light switch moment from an unlikely source that is off the radar for most. I am always looking for trend changes as a natural contrarian and I had a glimmer of
God bless weekends! They offer us a time away from the often furious market action where we can take a more long term view of our affairs and plan our strategies. It is the time to examine our longer range charts and to catch up
The strong bear market rally in stocks continues – but is on over-borrowed time. We may or may not be there yet, but are getting much closer. One of the signs of an end to a second wave bear market rally is that bullish sentiment
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
Well, the growing chorus of MSM pundits seem to think it a real possibility. For instance, one I spotted has the headline: “Pound risks dollar parity after worst month in six years.” If achieved, that would be another 10% fall from the current 1,15 on
