After the rally on the markets following attempts to “rescue” the eurozone, my message is let’s not get too carried away. One thing the technical charts are telling us is that we have yet to plough through some key resistance areas before we can call this a win for the…
I have a confession to make. I go to bed every night and I pray for another recession. In fact, if indeed we are heading for another global recession, which I believe we are, then I have been dreaming of this moment for 3 years! Why? Because I am a…
Although I would not personally recommend buying stocks in this current economic turmoil, here is a popular video that I made some time ago as to how you would go about doing it. If you are going to buy any stocks at all, you need to invest wisely and do…
On September 19th I predicted on my Facebook page that Gold prices were set for an imminent sell-off. The bearish double top pattern on the daily chart of Gold and the fact that Gold prices were over-extended on the weekly charts were warning signals that the yellow metal had some selling…
As I reached my 34th Birthday last month, I wanted to share with you 3 important lessons or turning points in my trading career that I think any aspiring trader or investor could learn from: Lesson 1: Your desire to “win” is the problem They say that the worst thing…
Psst! Have you heard yet? The recession has finally ended. Yes, and it did not end just now, but actually in June 2009! As hard to swallow as this may be, such were the findings released on Monday of the National Bureau of Economic Research (NBER), an economic group whose…
As my impending trip to Hong Kong looms closer, I have been rummaging through a whole bunch of videos, charts and articles on the Chinese markets. So I was pleasantly surprised to come across a video of millionaire investor, Robert Kiyosaki, preaching the wisdom of Chinese investors. In this video…
As we draw near to the finals of World Cup 2010, if anything can be said about this tournament, it is that it has been full of unpredictable outcomes. Who could have predicted that former World Cup champions, Italy and France, would be knocked out in the group stages, not…
It astonishes me how some of the most experienced and well-respected traders that I know got it completely wrong two weeks ago about what the markets will do next. In the middle of June, I heard a few trader friends of mine claim that we have now more or less…
If you had logged onto your computer and observed the markets during the early hours of Tuesday morning, you would have seen a far bleaker picture than the one you would have seen some seven hours later. The Dow and S&P played their famous game of cat-and-mouse with traders, penetrated…