I will be the first to admit that technical trading is a hit and miss effort unless you couple it to something that no one is seeing at the time which is the reason why most of my recommendations work out well. I don't use fundamentals very muc…
This is a post that I am writing for all. I do most of my stuff on video now but I think that I would like to put this in writing.
If I was a conspiracy theorist (which I am not) I would be seriously wondering what the hell is going on at t…
Whenever you get market sell off's like the one we just had where 10,000 ticks were shed from the DOW at lightening speed people become afraid. The CORV 19 virus isn't helping the matter either. People were already a bit concerned before th…
That was the famous line that Captain Davy Jones said in the second "Pirates of the Caribbean". I suspect that the market sell-off has you a little rattled thinking of days of old when the Fed wasn't in the markets and the funds would…
Ha...if you are following the Perma bears at the moment or any of the other mainstream talking heads you probably don't know whether you are coming or going. I watch so many YouTubers and bloggers who think they have the best idea of what is go…
I thought that I would write about this during the end of the credit cycle when people are desperate and looking for any help to clear their credit cards and get their finances in order. There are so many fly by night people on the internet offerin…
According to Stephen Kalayjian who is a thirty-six year veteran of the markets he attributes success to five factors. What are they:
1. Consistency
2. Discipline
3. Confidence
4. Patience
5. Passion
The consistency part comes down to having a plan of…
I am writing this to dispell the idiotic rumors around some market participants thinking that crude oil is dragging the markets down with it. I have posted charts on both below to show you the long term trends or no trends that are now in place.
…
This is an interesting topic that I enjoy thinking about with my curiosity about science. For a while, I have noted that our viruses are getting stronger and stronger. So is the bacteria. While we are busy worrying about our money and ways to accru…
This month sees gold continue to make new highs against the world's developed nations and their worthless currencies which includes my country of Canada. The price is banging up against the 1607 area for the US Dollar and I think it will breakt…
As you might recall I am one of the only ones who called the downtrend shortly after the bombings in Iraq. We still have a large imbalance of speculators and institutional traders who are long against the Commercial traders. You can check it out he…
I think it is time to address the issue surrounding the possible recession of 2021. If you listen to the Perma bears lately the US is once again headed for disaster. So you may be wondering what my own take on the market place is considering that t…
I think that it is time to revisit both gold and the US Dollar. There is not a lot to write about either instrument as you have heard me comment about them before. I told you many months and years back that the Dollar is simply in a sideways market…
I think that this is what you all wait for right. My thoughts for the beginning of the year which usually carry through until the end of the year or fourth quarter.
I bring you back to the bond market (in specific the 10 Year US Note) as it is the …
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…
