Sometimes the medium-term picture is uncertain for financial markets. Right now is one of those times. Has US inflation peaked? Too early to tell. Is the US housing sector showing…
The ‘magazine cover indicator’ is the belief that by the time an instrument reaches the front page of a major magazine cover it is a contrarian indicator. So, if the…
One of the major weaknesses of trading key macro fundamentals is that markets can move violently in one direction in a seemingly ‘irrational’ way. So, if you have a bias…
Sometimes there is an event that eclipses the normal ebb and flow of market dynamics. Think of the Black Friday sales, or Easter, Christmas, fireworks night, or even Valentine’s day.…
Going into the US midterm elections analysts were mostly split between three different positions: Those analysts who pointed to the strong seasonal pattern in US stocks post the US midterm…
Earnings from big-name companies like Apple, Amazon, Facebook (Meta), and Google (Alphabet) have the power to move whole indexes like the S&P500. As these big-name stocks have a large weighting…
The bond market is the truth. So goes the old saying. It is also very helpful. Bond traders are often looking ahead and signs of stress in markets often appear…
One ratio that precious metal traders must know about is the gold/silver ratio. This ratio shows the price of silver relative to gold. When the gold/silver ratio is high it…
This is an art form and a way of trading at market extremes. By definition, trading contrary opinion is a way of trying to catch market turning points. Recently, when…
The Fed is widely expected to hike interest rates by 75bps this Wednesday. Short-term interest rate markets are seeing it as a 100% probability and the same markets have a…