China Trade Surplus
G’day Traders, As if the Americans need any more ammo against the Chinese, the China trade surplus looks like coming in at its biggest since the financial crisis. What this means is that China is exporting much more than they import, in value terms. Of course, this is because they add value to the raw [...]
Wheat Strong and Something for ETFs
G’day Traders, Last night the S&P500 moved up a little, but the Euro fell a little lower. Nothing to say the uptrend there won’t continue. So the main financial markets were pretty quiet, but I have a big day today with some exciting meetings. Wheat jumped almost 6.5% in one day and if you were [...]
Quiet Night, But Crude Pushes Higher
G’day traders, Last night both the S&P500 and the Euro held above recent levels. I think we may have a quiet week after the market didn’t react to bearish consumer spending and factory order numbers. When the market doesn’t react to the news you have to ask – Why? And is it relevant to the [...]
Euro holds above 1.30?
G’day Traders, It a beautiful morning on the coast and I feel great despite the dinner meeting I held last night that turned into a poker game. One, very interesting thing that startled me this morning was to see the Euro move higher, and hold above 1.30 – well it is actually above the 1.3050 [...]
Big Up Day
G’day traders, We have just left The Rockies and I am now back in Denver – about to share dinner with a client from the conference tonight. It’s considerably hotter here than in Vail even though we are still a mile up. Today I had some great training here at the conference – it went [...]
I didn’t expect that to happen so soon…
G’day, I’m actually writing this on Saturday arvo, watching the Australian Rules football. My wife and I just got back from the beach where we demolished some ice cream. What a day. Sunday we fly out to the AMI conference in Vail Colorado – something I am really looking forward to. Friday in the US [...]
A bit of a nothing day…
G’day, Today I got up nice and early – it’s a beautiful day. Nothing happened in the US overnight and I am not concerned. Why? Well sometimes you just have to be patient – the markets don’t have to do anything. Sometimes you need to rest before you can make a big move and the [...]
Sell in May and go away…
Good Morning, US Holiday Today – Many New Traders will make their first live trades this week. There’s an old adage for stock investing – “sell in May and go away”. It’s just that it usually means the end of May. Just before May began I advised tightening stops on ETFs and protecting any funds [...]
Difficult decisions…
Good Morning, I’m down in Sydney today. My flight down last night was delayed so I am a little dazed and confused. Well that’s a little over the top I guess, but I think it’s more about the markets. Equities rallied last night with the ES completing an upside down head and shoulders simply because [...]
Want to know one reason why being involved in long equities (stocks or shares) is really risky right now?
Good Morning, This morning on the Gold Coast it is a really beautiful Winter’s day. Yes, 14 degrees in the morning is winter. Tonight I am making my second short trip for the week, this time down to Sydney. Watching the footy last night it looks miserable down there. Want to know one reason why [...]


