No matter your political view there is no doubt that the financial markets are more nervous about a Trump victory than a Clinton win. This is exemplified by recent price movements in safe haven assets like gold, the US dollar and stocks.
In the provocative book, The Black Swan, Nassim Nicholas Taleb reminds us that it is often easier (and more useful) to try and disprove something than it is to prove something is categorically true. The best way to do this is through experiments.
I wanted to write an article to explain some of the processes I go through when trading US stocks. Since August was a particularly quiet month with only a few winners I have decided to go back to a trade I made in July in Omnova Solutions ($OMN).
We got a few things right last week. Stock markets continued their momentum after breaking to new highs, DRDGOLD sold off as expected and breakout pick CUDA rallied nicely. If only it was always that easy. This week I am travelling but I have been able to come up with a few more setups which you will […]
We took some good trades last week, the cream of the crop being $OMN which continued to surge after posting strong earnings. This week should be interesting with the S&P 500 a whisker away from record highs.
As mentioned in the previous post, we do not have a lot of faith in the market at present. Many indicators are flashing red but stock markets continue to rally thanks to the backdrop of loose monetary policy. Even so we will stick to our trading strategies and hope to find alpha in un-correlated opportunities. […]
Visa Inc. ($V) is a multinational financial services company that facilitates the transfer of funds around the world via Visa-branded credit cards and debit cards. If you didn’t already know that you must be living on another planet because Visa is everywhere. Here are 10 reasons why you might want to buy the stock today.
Keep reading to find out some interesting observations on US stocks and ticker symbols.
In last week’s post I wrote about a strategy for shorting shares that looked to sell short overbought, ‘supernova-type’ companies. The strategy produced some good results in testing and was also picked up elsewhere in the blogosphere.
This article contains a quick introduction to shorting shares then presents my favourite strategy for finding shorts. I then put this strategy to the test on historical data before finishing up with some final tips.