Brazil has seen a lot of attention recently due to the World Cup games. Let’s be honest. So far, very little about this year’s World Cup has been predictable. England, Italy and Spain who were the favourites to go through the first round have all been eliminated. Even though the…
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…
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…
How did the market’s react to one of history’s darkest chapters, the assassination of John F. Kennedy on November 22nd 1963? Watch this video: What are your own views on the Kennedy assassination? Was it a cover up? Or was it just a “crazy” gun man acting alone? Link to…
I and a growing number of my fellow traders are now beginning to believe that we are heading towards a major crash in 2014. Firstly, I don’t blame you if you think I’ve lost my mind. After all, a market crash or a crisis just does not make sense right…
The McClellan Oscillator is a very useful tool in chart analysis for spotting short term reversals and extremes in the market. Traders can use its signals to identify potential tops or bottoms in the market. The McClellan Oscillator ranges from +100 to -100. Signals on the McClellan beyond the +80…
A few nights ago I found something “strange”… I was looking through some charts of the stock market going back several years and decades back to the 1990s. I find this exercise both relaxing and stimulating as it trains my brain to spot patterns that repeat themselves. Spotting reliable patterns…
Alessio Rastani discusses on Swiss Forex TV the effect of the coming debt ceiling on stock markets and gold (see video): Link to this post!
It does not matter how many times we say it, but the investing public just does not get this! Money and wealth is NOT made in a “bull” market when stocks are rallying to new highs and when everyone including the media is excited about stocks. The only time you…
The McClellan Oscillator gives an “oversold” or “bottoming” signal for stock markets. This “oversold” signal is usually a reliable “long” or “buy” signal for stock markets. Take a look at this chart of the McClellan Oscillator and notice when it went below the (minus) -80 level: Now take a look…