The 4th of July US holiday always seems like a good time to reflect on what is going on in the world and the current situation in financial markets.
Unfortunately, the events of the last couple of weeks have caught many traders by surprise and many have lost a lot of money.
Let’s analyse what’s been going on and then make some comments about what to expect in the coming weeks ahead. Read more »
In a few hours time we will see the United Kingdom head to the polls to decide whether or not to stay in the European Union.
This long-awaited event has dominated the financial news for the last several weeks and drawn opinion from all over the world. Read more »
I tweeted earlier and advised that now might be a good time to reduce exposure to riskier assets such as stocks and seek haven elsewhere.
The looming EU referendum that is expected to take place next Thursday 23 June in the UK has already contributed to some steep falls in European shares and the British pound. It now looks like that volatility could spill over into US markets. Read more »
Successful investing is both an art and a science.
We can see this must be true because if investing was purely a science then the richest investors in the world would all be professors and academics. Read more »
Are you prepared for the latest FOMC meeting minutes tomorrow?
According to Real Time Economics, just 3% of economists see the Fed raising rates, down from 9% in the last poll.
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Technical analysis refers to the study of past price action to predict future market moves. It makes use of charts, trading volume, and other statistical or mathematical indicators to gauge how the market might behave, based on the concept that the fundamentals of an asset are reflected in its historical price action. Read more »
The Fed cut rates back to zero, Facebook becomes the biggest company in the world and Donald Trump causes the next Great Depression. Read on to see my 10 Outrageous Predictions For 2016 and let me know what yours are…
Stock markets finished higher last week with the Dow Jones Industrial Average up just over 100 points and the benchmark indexes climbing around 2% in what was a shortened week thanks to the public holiday. This was one of the best weekly performances since March. Read more »
With markets down around 10% in 2015 it could be argued that this is not yet a true crash. Investors appear to be so conditioned to upward gains that they consider even a small correction as a major crash.
Yet, it is recent price action that experienced investors are most worried about and the omens are not good.
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End-of-day trading simply means to make trading decisions very near to, or after the markets close. It’s essentially the opposite of day trading.
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