What another incredible week! VIP Traders Club members have been waiting for this action for some time. In particular, the VIX index of volatility shot up to one of my long-standing targets of 40+ from a lowly 15 just...
Sometimes, it is the lower odds option that wins out in the markets. 100-1 long shots do win horse races. But as Damon Runyon put it: The race may not always be to the swift nor the victory to...
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...
I continue to be amazed at the lack of understanding out there on how markets really work – and this is among professional money managers who should know better. I wrote to my VIP Traders Club members this morning...
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...
Yesterday’s volatile stock market action was telling. For the first time in weeks, the Dow suffered a significant fall – but then recovered. The VIX Volatility Index was likewise volatile (sharp up and then sharp down) The news items...
Last weekend, I made a case that a major high was near in the US stock indexes such as the Dow, S&P and Nasdaq. That was a pretty timely call! For lo and behold, in overnight trading on Wednesday...
The US stock indexes have long been widow makers for the bears. Anyone shorting them, especially after the Trump win last November, have been crucified. But is it time to seriously consider the end is nigh for the most...
I half-jokingly posted the Barron’s 30,000 Dow cover as an example of the over-reaching and unrealistic manic bullishness of sections of the media towards the stock market – and total belief in the Trump Bump. But last week’s strong...
Many pundits are calling for a ‘melt-up’ in US stocks because of the game-changing Trumpanomics about to be unleashed on the US economy. And since the election, stocks have indeed shot higher in anticipation of the tax reduction/infrastructure spending...
Before November 8 – Trump Day – I warned about heightened volatility in most markets, especially stock indexes, currencies, gold and possibly T-Bonds. But I really had no idea we would see 1,000 point swings down and then up...
Well, have you recovered yet? I guess the status is no longer quite so quo now. First Brexit – and now the biggest earthquake in US – and global – politics since the Declaration of Independence in 1776 –...