Alright. Another year has come and gone. It seems like it was just yesterday that it turned 2019.
Are you better off?
Are you enjoying your life?
Are you staying as positive as you can in a rather negative environment?
Are you cultivating more good…
Alright, the Repo market is what is on everyone's mind. In case you don't know what this market is it is the overnight loan market where banks lend each other money. Lately, it hasn't been functioning very well because of liquidity issu…
I posted the chart below so that you can see the small position I took in Bitcoin a while back when I was telling you that it was likely headed further down. It did fall to my target and bounced. You can see that this is a very big volume area.
Do …
It seems whenever there is a sudden surge of debt and market turmoil the talking heads emerge from their underground lairs to talk up the next great depression or market catastrophe. I have said it for a long time but I will say it again as I think…
In reality, the long term picture of a particular market is determined in most part (when the markets were free) by fundamentals. It really is that simple. However, a lot of people use candles as a means to enter into a position. While Candles can …
It's not really a secret that we value our currency. After all, it is what we use to conduct exchanges and to barter with. We put faith in our dollar that it will last through the ages and allow us to retire after working hard for decades. We l…
I thought that I would blog about this because this is a prime example of the market doing the opposite of what most traders expected. You can see that it is in WTI which is crude. No surprises really here as this market trades an inordinate amount…
You might be thinking by now that there is a rhyme and reason today trading after suffering one loss after another which makes no sense to you. After all you looked at your executed order flow, your ticker tape and your volume profile and you saw a…
I suspect that you know that most of the trading now is done algorithmically. Everything from interest rates to the stock markets themselves are controlled by a few large entities naked shorting or longing the market controlling the price. I am not…
Often times when we look at society it gives us a clear picture of what is wrong, that is if we want to really see what is there. I use social economics as a gauge for determining what is really going on in the markets and why a market is reacting …
I think it is important to note that when bonds get to a certain level the talking heads really start to crow about how they think that they know what is going to happen next. It is almost human nature to do this because you think that it is an eve…
While I am no gold expert and I would be the first to tell you that, I have some speculative theories on the precious metal that I think are as good as any explanations that you have at the moment.
First of all we need to look at the bond mar…
Well if you follow my thoughts at all you know that I look for value. There is an element of central bank interference at the moment and this plays a role in certain markets valuations. You know how I follow these trends. I don't look at where …
Well, it might be the time to look at precious metals and finally, say that their day is neigh. That could very well be the case but at the same time, it might not have any bearing on the future at all. After all in the new technologically driven m…
In the last few decades, we have had the rise of the talk Guru's to tell you what to do in order to build wealth and keep your wealth. Everyone from Tony Robbins, Grant Cardone, Robert Kiyosaki, and the list goes on.
I really get tired o…
We are not quite at the level when yields go negative but we are probably not far off. It is important to understand that when yields are negative it is effectively called a default. What that means is that the seller has no intention of ever givin…
I still don't think anyone knows what to make of gold yet. They have been beaten back for so long by the big banks that they don't trust this break out yet. I can't say that I blame them as the bulls were sure pounded. However, this is …
Well, as predicted the Dollar has begun to sell-off. You know it is so funny how you hear it from all the "know it all's NOW all crowing about "how they all saw this coming".
Sorry, but I didn't hear very much from any …
This is a question I ask myself all the time. I have been trading a long time and in the past have done well. I also have done very poorly at times too. This is an honest assessment of my own abilities.
It would seem when one glances at my blog tha…
When you look at the USD/JPY below what do you see other than what I have clearly outlined?
Right. You have some pent up synergy building in the pair.
Does it mean a break out of sizeable proportions is coming?
Well, it remains to be seen how much …
When we look at the financial markets what is the most glaring thing that you generally identify these days?
Right. Imbalance.
In the essence of being a trader who relies on proper fundamentals to identify opportunity what does that mean for your t…
Well, as usual, you are not hearing a dam thing about one of the better trades that I think is taking place as we speak here. Do you remember when natural gas was so cheap it was ridiculous a few years back? I told you that this was the time to buy…
That is kind of strange title isn't it?
The three markets and failure. What the heck Marc?
Let's start with Gold. It is making a weekly triangle at the top of the move where it is staying above the resistance points of the past eight years …
When we look around the markets I see conformity at the moment. There is not a lot of surprises in store I don't think other than the possible collapse of crypto's after making their staggering run. I am still short Bitcoin and will likely …
You can see on the monthly chart below that Gold has risen nicely from around the 1300 area where I entered a small buy. I have been holding it for a while now to see if we would get a substatial move above 1380 which is the area in the past where …
Well, Bitcoin is beginning to crumble as I suspected it would. The bigger problem is its incredible volatility where you can make good money if you have the direction right but not worth the risk with a smaller account.
I went short at the 38 Fib a…
Well if you are a Fibonacci guy you are poised for Bitcoins continued sell-off. That may or may not happen.
I like to admit clearly when I am wrong. I people to see it too because with how many times I get it right over the years it makes me human.…
Big data is everywhere. It is the new gold as they say. The new way to get rich as companies seek ever more sources of reliable data. This has been going on in the markets for quite some time but is only now catching on mainstream. The use of big a…
