Today here’s one of my Technical Workshop Analysis Tuesday posts or TWAT for short. It’s part of a series of about one million articles to undo some of the damage done by sub-standard private investor training in the UK! If you go on one of these courses you’ll be told about some strategy by someone…
There are lots of things that have no bearing on the stock market right now, and Corbyn is one of them. En passant, he poses an interesting question for the Labour party. They now have a leader voted for by a clear majority of party members, but whose politics do not broadly agree with a…
As regular readers of my articles will know, I believe the UK generally has highly unsophisticated private investors. I would expect a majority of people who have tried spread betting did no study whatsoever, and thought they could just wade in and somehow, by osmosis presumably, they’d be really good at it. Sticking your finger…
As featured in this month’s Master Investor Magazine. As Technical Traders we’re always looking for an edge in identifying trends and buying/selling opportunities. Typically, we use indicators based purely on price. The other possible element is volume, although it’s overrated as a tool in my view, and most of the time offers no help at…
Lyrics that are now too close to the bone for some are good fun in my book. One classic is the line in the Small Faces’ song ‘Itchycoo Park’: “we can miss out school (won’t that be cool), why go to learn the words of fools?” And another from Mungo Jerry’s ‘In The Summertime’: “Have…
The residential property market is one of the key drivers of the US and UK economies, although not so much in many parts of Europe where they still have a large proportion of renters. Our affair with property in this country started in the ’70s. Rampant inflation caused people to want a store of wealth…
Time for a quick review of the main markets, I think, following recent falls. Are we in a new era? Is it just a blip? I wrote a blog piece last month called ‘Is the Dow Jones Rolling Over’ in which I said that 17,000 was the key level. It failed there and fell really…
Putin has announced that he wants all former Soviet republics to stop using the US dollar. The US dollar has been the world’s reserve currency for quite some years now, and it gives the US an unfair advantage. When they print money it goes into a pool much bigger than their domestic economy. Basically they…
If you’ve watched Wimbledon (or any sporting event on TV) in recent years you’ll know they have all manner of statistics at hand. Why? Well it’s quite simple really. If you have enough data and enough different permutations then records are getting broken every other shot/game/match, etc. People love things like that, even though, or…
As seen in this month’s issue of Master Investor Magazine. Particularly with start-ups, anything to do with new technology, or exploration in areas like mining, the directors can be key to the operation. Being a regular attendee of the Oil Barrel conferences over the years, I’m familiar with the name David Lenigas, director of seemingly…
