I thought I would write an article about bitcoin because it might be valuable to go over what happened. I bought some bitcoin in 2017 and made some money with it. In fact, percentage wise it is the best trade I have made in the past few years. However, I still think I messed up […]
Before you start trading it’s important to be prepared for a long road ahead. Even if you’re born with a natural talent you will still face a number of obstacles that you will need to overcome to be successful. 1. Do You Have Enough Capital? Unfortunately the most passionate new traders are often the least […]
“TSLA is not just pulling customers from BMW and Mercedes but also from Toyota and Honda. Like a magic trick, while everyone is focused on Elon smoking weed, he is quietly smoking the whole automotive industry.” – Andrew Left Anyone paying attention to the Tesla stock knows that it’s one of this market cycle’s most […]
Last week I received an email courtesy of the StockTwits newsletter with the headline ‘This Market Is Confusing Everyone’. Apparently, because the market has fallen, gone up, and then fallen again (in the space of a few days) investors are totally confused and the market is ‘faking out everyone’. Unfortunately for the headline writer, this […]
In this article I look at some of the ramifications of the upcoming UK election for financial markets. This is likely to be a less volatile event than Brexit. If the Conservatives don’t get a 50-seat majority, there is downside for the pound. But it would take a shock result to eject GBPUSD from its […]
Traders have known for some time now that mainstream media is not a reliable source of information for predicting future price moves in financial markets. In fact, it is assumed by many investors that once a story is fully reported in the financial press, the vast majority of the corresponding price move has already taken place.
I recently came across the following question on the website Quora so I thought I would add some thoughts. This is a topic that is currently dominating the markets right now. Nearly everyone is concerned that the market is well overdue for a correction so it feels important to address this issue:
Last week saw the main stock averages continue their upward price run with the S&P 500, Dow Jones Industrial Average and Nasdaq all posting all-time record highs.
Although often overlooked, the fact of the matter is that stock markets and political events are inextricably linked. Considering that 2016 was undoubtedly one of the most newsworthy years in regards to political upheaval, many traders are wondering what 2017 has in store.
As we move into 2017 it’s clear that there are some common themes dominating the narrative. Understanding the consensus view gives us insights into what investors are expecting from the markets.