Stock market rebound won’t last

I was talking about the dead cat bounce, the rally to 2800 in the S&P 500. This is a bear market and in a bear market good news provides an opportunity to go short. The good news came from China, trade talks between US and China are going well according to president Trump. This is … Continue Reading

No stop strategy or with stop loss?

The no stop strategy from e-Yield is doing well however, this is not always a strategy people want. The reason is that most people trade with a stop loss. People like a stop loss when they are highly leveraged. A small adverse move can cause damage to your account if your trade size is too … Continue Reading

FTSE 100 facing headwinds

Markets rallied yesterday on the back of last week job report but the latest data from the US was not bullish. US factory orders fell more than expected, yet investors are happy to focus on the job report. You can see the economic data in the US is deteriorating, I think it is a matter … Continue Reading

I warned you the FTSE 100 would collapse

The FTSE 100 is down more than 12% from the top recorded in January this year. I have been telling people to join my forecast service, I could see the FTSE 100 would collapse. Look what happened to the FTSE 100, I warned people several times this would happen, read my January article: https://uk.investing.com/analysis/stock-markets-approaching-major-turning-point-200199308 Please join … Continue Reading

All time highs near the end

Some new all time highs are more bullish than others, particularly in the early parts of the bull market. But when the new all-time highs occur during a period of extreme optimism you know the end is near…read more

Boost your account in 2018

We had another good year in 2017, mainly because I predicted a decline in the second half of the year. I published this chart in June: The peak on 2 June marked the end of an Elliott wave. If you were following my analysis you would have taken your profits on long positions in June. … Continue Reading

Join the best FTSE 100 traders community

In the traders community I don’t trade Bitcoin but as I write Bitcoin is down 8%, the cryptocurrency is down 20% since yesterday high. I warned you of the risks associated with Bitcoin two weeks ago. I hope you have been sensible (if you had some bitcoins) because we don’t know if Bitcoin will still … Continue Reading