I have often said that traders and investors have a short term memory when it comes to the stock market. Right now we are seeing signs that the same mistakes that led to the 2008 and 2001 market crash are being repeated. Take a look at this chart: The above…
The shocking cause of the 2008 financial crisis is revealed in a book reviewed in a televised programme hosted by Derek Conway with guests Alessio Rastani of www.leadingtrader.com and Shabbir Razvi of iFSA. See video: In “Whoops! Why Everyone Owes Everyone and No-one Can Pay”, John Lanchester explains why the…
Friday’s breakout of the consolidation on the S&P 500 (futures) may have delighted the “bulls” in this market. However, even with the unconvincing volume behind this move (see chart 1), I remain sceptical. Link to this post!