In 2007, Nassim Taleb wrote a bestselling and highly impactful book titled The Black Swan: The Impact of the Highly Improbable. The book uses the analogy of a black swan to describe negative events that appear to be very rare and occur without warning. Since the book was published, the term black swan has been […]Read More
European markets are likely to remain volatile due to another set of weak economic numbers out of China. The Chinese Caixin PMI number fell to 26.5, a fear-mongering level. The Fear of the Unknown There is some serious trouble brewing, and traders are not aware of what is to come. This is the message that […]Read More
Yesterday, the FOMC decided to cut interest rates by 50bps, the first emergency move outside a scheduled meeting since the 2008 financial crisis, in an attempt to safeguard the world’s largest economy from the impact of the coronavirus. However, markets did not cheer the move for long, with Wall Street indices closing the US session […]Read More
Dow Analysis And Strategy: From the February 26, 2020, pre-open report: “I believe that it is wise to exit Dow put strategies on any new low. This includes the opening 15 minutes of market trading, if the Dow does not gap higher based on an intra-day short-covering rally that would actually begin at the […]Read More
Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.