Swen Lorenz

Do you remember what we said at the start of the year about the Australian dollar and re-iterated in March? See here – http://www.spreadbetmagazine.com/blog/australian-dollar-short-opportunity-remains-intact.html. We have been alerting our readers’ attention to a cracking opportunity that we thought was forming to bet against the Australian dollar. For many years, conditions were favorable for the Aussie,…

WTI Crude hit the 107.99/108.05 target with trend line resistance at 108.25/35 limiting the topside as predicted. We then bounced off the first support at 106.60/50 exactly as predicted. 108.17/25 is obvious resistance today therefore but we are in a 6 day up trend so a break above 108.35 is possible & should target August…

Back on the 7th of August we suggested, somewhat presciently, that there was every chance that we would see a short squeeze in Blackberry. Without wishing to sound too smug, our timing was immaculate and we reposted the article on the 9th of the month with the stock up by 10% since our original comments…

Asian shares outside of Japan have fallen with investors eagerly anticipating the FOMC minutes this week to see if there’s any more indication in regards to potential of tapering in September. The MSCI index has lagged in comparison to US indices as growth slows in China and speculation that the Federal Reserve will curb U.S. bond buying…

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Initially posted 11 Aug 13 The song by the Carpenters, “We’ve only just begun…” was, somewhat coincidentally, playing this week on my car radio whilst I was driving into the office (I guess that reveals the type of radio stations I listen to – yes, I am a big 60’s, 70’s and Motown fan in…

A few days I was back in what I regard as my natural habitat: The King’s Road, Chelsea, and noticed that the Chelsea Building Society was offering mortgages at 1.99% on 65% of the value of a home. So far, so good. But it reverts to 5.72% after the introductory period ends in October 2016.…

Well, the news that many gold bugs were waiting for has been confirmed in the last 24 hrs. Yes, “Mr Subprime” John Paulson has partially folded his cards on his long gold bet. Of course, this coincided almost exactly with the explosive rally we have seen in the gold price – such is the way…

By Investment Contrarians I’ve always been a fan of long-term investing, as it allows big picture thinking to be more important than short-term gyrations. One of my concerns when it comes to developing a long-term investing portfolio is the Chinese economy.  Over the last 10 years, we’ve seen the Chinese economy take a greater role…

The Japanese Yen tends to appreciate against the US Dollar during the month of August. As imprecise as this market truism may sound, just look at the history of this currency pair and you’ll quickly see that a clear pattern emerges. August is a good month to be long the Yen. Citi’s FX Technical’s group…