As the FED continues to push for policy normalisation, it is unable to do so and maintain its mandate for keeping stock propped up (more formally known as the 'wealth effect' or explicitly acted upon in the eyes of 'ensuring market stability'). A pricy dollar does not economically benefit the US, for example: with much exposure to energy junk debt through its...
I called the 1/7 breakout up to 465, exactly! Unfortunately, it came much quicker than expected and I didn't get a chance to take profits. So I'm still 100% long. We've seen some colidation back down to the 440 level. Overnight and into today, we saw a sustained breach of the bearish trendline from the 465 high. This looks bullish to me and with my expectation for...
The cryptocurrencies have been back in the news recently, in light of Bitcoins astronomic resurgence. Although it would be naive to believe that any one thing can be the driver behind the 150% increase over the past few months, significant parallels however can be drawn with what has been going on in China. Now, I don't want to bore you, but for those who don't...