The Christmas holidays are just a few weeks away. It’s time for good food, mulled wine… and yes, those annoying holiday adverts on TV! And my favourite reliable indicator for December has just turned bearish- or negative – for the stock market. Take a look: The above chart is the seasonality of…
Keep Your eye on today Friday February 7th. It will be a big day for the stock markets and could change everything… Before I explain why, let’s review what has been happening so far. This year stocks are down 5% since their peak in December. Both the Dow and S&P500…
I have to admit that I, among many others, gave in to “herd mentality”. Originally I had set my mind that the Fed will taper in December, but a few days ago I changed my mind to a September taper instead. I got it wrong. No taper. So what happens…