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
Tag: swing trading
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
Banking crisis? – What banking crisis? So sayeth the ever-optimistic tech investors as they drive a wide wedge between the two most polarised sectors – Banking and Big Tech. While the likes of Deutsche Bank (see my recent coverage here) plummet to new lows, the
That was certainly one of the most eventful weeks for a while. The Fed tied itself in knots hiking rates (and promising to do more of what it takes to cool the hot inflation) and at the same time expanding Q£ by trillions to save
With Thursday’s revelation that a major US Venture Capital (VC) bank has gone bust and another California retail bank is in difficulties, the trigger was pulled for the start of the Great Wipe-Out. Suddenly, the eyes of investors swivelled round from staring at next week’s
So, how high will US rates go before the Fed starts cutting them? That’s the big question on the minds of pro investors/traders. To guestimate their projections they pore over every detail of the stream of US economic news for the best trading strategy. And
The latest US macro data prints are swinging stock indexes around like they are on rubber bands. Last week we had the FOMC with 600 pip Dow down/up swings that day. Then a few days later, Mr Powell gave a speech where he basically made
