Ever since the big crash of 2007 – 2009, I have been forecasting a deflationary depression for the global economy. I realise this is a very bold call. Some would even say it is totally nuts given today’s ‘Goldilocks’ economy.. What could possibly go wrong?
Who remembers the 1980s British TV series Tales of the Unexpected? They were stories with an unexpected twist at the end – and the stock market story of 2017 could well have been one of them! This Year of the Unexpected finished with shares coming
Remember the 1990s? When any company with a newly-invented basic website was bid up up and away even though it has no earnings nor any prospect of any? Even stolid old Auntie BT (with earnings) was swept up in the mania. Now we see that
Over the years, I have noted that ‘surprise’ price thrusts often occur on Fridays. During the week, the market is relatively quiet which lulls traders into a state of lethargy. And on Friday many professional traders are glad to escape the boredom and leave their
ANNOUNCEMENT I am now offering a 14-day Free Trial to my VIP Traders Club throughout the year. Sample a membership for free and see for yourself if it fits in with your trading style and profit goals. Details here. Yet another North Korean missile
When stocks make major highs, they do not all do it lockstep. And I believe a major high is upon us. But isn’t it curious that sentiment between the professional money managers and the public appears to be poles apart? Not when you accept that
Last time, I headed my post “Gold bugs squashed“, but the silver bulls have suffered even an greater percentage calamity. As I outlined, we have been short both gold and silver since identifying the high in mid-April and have been fortunate to ride the waves
Did anyone see that coming? What a collapse in gold and silver! From a high of $1295 on 17 April – a mere two weeks ago – gold is down almost $80. From a high of $18.65 on 17 April, silver is down $2.35. I
Great bull markets rarely give up the ghost easily. Just as St George found, his dragon took some time to roll over after the first stab. The vast majority of market tops are rolling affairs with the first decline being met by the army of Dip
Like many, I have been enjoying the fiasco over the ‘wrong’ best film winner at the Oscars last night. The voting procedures and the keeping of the winners’ names confidential has been entrusted to PwC for eighty years. But it shouldn’t have been a surprise
Finding major market turns in real time is definitely tricky, although not so much in hindsight which is where the MSM financial writers reside. Most analysts do not even attempt it and say it is a mug’s game. That is because they do not understand
With many markets well into the summer doldrums, I thought I would update my thoughts on a few key markets. T-Bonds A couple of weeks ago, I had pinpointed a highly likely top in the Treasuries and the market then sold off by seven
