G’day Traders, Gold continues to be a great investment reaching record highs – all because the USD is being devalued. Copper stockpiles are said to be extremely low, which supports further bullishness in emerging markets. One of the reasons I see for the moves in Commodities is an extension of the Bush tax cuts by [...]

G’day Traders, If you are a Forex trader are you aware the update is now just one minute after the close of New York. For those who think it’s important, this means you can enter closer to the update time. One thing I always teach is that it’s the trades you miss that cost you [...]

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 [...]

G’day Traders, Yesterday’s rally was contributed to by rumours that the Fed was going to cut the rate it pays for bank deposits to zero from 25b.p. Ummm – I thought this was pretty stupid, but obviously stocks (and bond) traders believed in it because when Bernanke spoke, it was too boring and the market [...]

G’day Traders, This morning I was feeling a bit slack – just like the markets I guess. With the positive spin everyone was putting on the re-floating of the Chinese currency yesterday, to see it start strongly, then fall and finish lower shows me the market is running out of energy. When positive news can’t [...]

G’day traders, I have just arrived in Europe tonight after a comfortable flight from New York to Vienna, and I am now in the Czech Republic. The markets are still open in the US right now, but have just moved above some strong resistance so it’s great for everyone who is long. The EUR has [...]

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 [...]

G’day Traders, Another beautiful day here, meeting more great people. One of the things is that just about every one of these investors is bearish on the markets…. that makes me a little worried being short. Again some really interesting companies presented – UNDT (a company producing anthrax detectors) and CLSC (a company that will [...]

G’day, G’day traders – today I am in Vail, Colorado for the AMI conference. We flew in last night and drove up through the Rockies – it is my first time here and my wife’s first visit to the US. It’s beautiful here. There are some amazing stocks on display here and plenty of concern [...]