Trading the financial markets is very much like a experiment undertaken by a scientist. You first make a case for how the object studied has behaved in the past under various conditions. You work out a theory that can...
Stocks continue in their levitation mode. But of course, the ‘stock market’ is a market of stocks – some will be in full bull mode ( we are in some of these for our Pro Shares service), some in...
I started to have ideas that consumer price inflation – suddenly a very hot topic – would likely start to ramp up last Spring/Summer when the US grains (Wheat, Corn, Soybeans) were plumbing new lows and on the verge...
Just a few weeks ago, most pundits were in agreement – the dollar was doomed to fall into the basement. The Fed was openly pushing the idea of negative interest rates along with Biden’s plan for a whopping $2...
In the Thanksgiving-shortened week, stock indexes remained up against their highs. For a long time, these markets have ignored the pandemic even as it is hitting the USA very hard with rising cases and death rates – and the...
Sometimes, just a single data point jumps up and sticks out like a sore thumb to point the way for markets. Could this week’s news that the world’s largest ever IPO – the Chinese fintech startup Ant – be...
I sense things are slowly changing in the markets from the extreme bullish mania prevailing at least since the March Corona Crash lows. How? To a more cautious attitude going hand in hand with the current rise in bond...
In the blink of an eye on Thursday at approx 10 am UK time, the rocket-propelled Nasdaq started the biggest slide it has experienced for decades. The charts of the big name tech FAANG and other issues (including Tesla,...
I have long been fascinated by the phenomenon of herding. Many animal species do it seemingly automatically. For deer, a close knit group offers some kind of defence against predators who prefer to pick off stragglers rather than to...
If you recall at the start of the Corona Crash back in Feb/March, I stated that there will be a major reversal in attitude from lavish consumer spending to one of greater conservation. I stated that the massive record...
It is famously said that they don’t ring a bell at market tops/bottoms. OK, not literally, but there are plenty of loud clanging warning sounds coming from various areas of the market. I noticed last week that banks are...
Next week should be interesting. First, the Fed reports on Wednesday. Second, Brexit happens on Thursday the 31st (Halloween). Warning – only one of these statements is true! Stocks continue to levitate, despite all of the less than impressive...