Good morning. 

Lost some cash yesterday trying to play the New Years Eve rally. I felt sure that stocks would finish the last half an hour strongly as traders unwound positions but it wasn’t to be. Onwards and upwards.

It’s 2015 and a Happy New Year!

Udemy are currently offering over 9,000 courses at just $10 each. You can check them out here.

That’s all for now.

 


SP 500 and wti oil correlation
At the time of writing, WTI crude oil futures were trading at around $55 a barrel, the lowest level in five years and almost 50% lower than their June high of $107.85

The drop in oil has been fierce and comes amid an economic slowdown in China and a concerted effort by OPEC to maintain low prices, in a bid to compete with the booming US shale market.

Article Updated 12.22.14

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fear index and market timingCourse update: I updated the course with a new white paper called ‘The Fear Index & Market Timing‘. This is a short term trading strategy based on the VIX and the S&P 500 future.

Another week of tumbling oil prices! Tumbling prices mean great opportunities. $58 a barrel?? There are so many cheap oil drillers right now it really is incredible. But don’t buy yet, oh no, there’s a bit more downside to come and then we will be ‘game on’.

But let’s not dwell on cheap oil for too long. Let’s take a look at what everyone has been talking about on the web this week: Read more »