G’day Traders, Last night I watched a stockbroker on TV being so positive about the markets. I was thinking – wow – these guys really go on an emotional ride and if you are on TV you are probably pretty good right? Well it saddened me that this industry is SO reactive to a point [...]

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 [...]

Good Morning, I see this as a critical point in the markets. I therefore apologize for this being long… During Asian hours Monday markets looked in bad shape. The GBP/USD was down over 250 pips at one stage and the E-mini S&P500 futures were down 12.50 as I monitored it at lunchtime. The Euro also [...]

Good Morning, The S&P500, which is an index that covers the top 500 US stocks was down 1.88% Friday, with the Dow and NASDAQ down 1.51% and 1.98% respectively. This was much better than Europe where the STOXX 50 was down a MASSIVE 4.71%. Yes the markets are risky right now but the US did [...]