Unlike paper currency, Gold is real money. Gold is also referred to as “chaos insurance”. You see, when investors feel nervous and uncertain, they usually shift their money out of risky assets and into the safety of gold. Right now gold is just under $1300. But there is one word…
It’s amazing what a week can do to change people’s minds. Until a week ago, the mood of investors and the financial media was mostly negative. “Fear” and “panic” were the buzzwords. Then the stock markets rallied strongly in just 3 trading days, and now suddenly everyone is talking of…
The stock market’s “V-shaped” rally has done a good job of slaughtering any short sellers who expected a January crash. So far we have been right on our 7th February signal to go “long” stocks. However, if history repeats, based on data going back to 1928, we think we know…
The “champagne cork” rally could be over for Tesla stocks (TSLA)… Since its incredible rally from April, Tesla had risen by 390% to its peak in September of this year. But could the bubble be about to burst on TSLA? It all depends whether we can break some key price…
One of the most important lessons we learn as traders is that we must be suspicious of the crowd. When everybody is expecting the same outcome, chances are the opposite usually happens. So here are three surprises we should expect this week. This could turn out “nasty” if you’re on…
Crude Oil prices rallied today and took out its highs after days of growing international pressure to take action against the Syrian regime and their alleged use of chemical weapons. Reuters reported that: “Obama is considering cruise missile strikes against Syrian targets in response to the August 21 chemical weapons…
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!