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…
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…
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…
Over the last ten years I’ve been to pretty much all the finance seminars you can imagine. From symposia run by Saxo Bank and SocGen to so-called training organised by people who, when you get there, it becomes obvious don’t trade. For example, one presenter was gaily saying that if he had a spare 15…
