Last week I dipped my toe back into Bitcoin (see here) and swiftly got stopped out. Frustrating, yes! But that’s trading. It took me many years to understand the difference between luck (or no luck) and sound risk management. To be sure, last week’s Bitcoin trade was bad luck. Some may argue for a wider […]
Investors have avoided investing in China since February 2021. Since that time, all Chinese equities declined massively. No sector was spared from the relentless selling. Below is a chart of FXI, an ETF representing China blue chip stocks, clearly illustrates the damage. To be sure, multiple reasons discouraged investment in China and the entire region. […]
My bitcoin trade is not going according to plan. As we head into the weekend, BTCC opened within a hair of my stop loss trigger. You can find my original trade post here. The chart below illustrates how razor close I am to bailing out of this trade. To be sure, I am tempted to […]
I thought I’d walk through a trade I put on this week. To be clear, this is a short-term tactical trade, not an investment. Meaning I’m looking to capture a short-term rebound in crypto. To be sure, the risk profile of the entire market has changed thanks to Putin’s invasion of Ukraine. We’ve navigated through […]
Russian invades Ukraine, what should you do? Well, for starters, don’t panic. No one ever made a dime making investment decisions charged with emotional nonsense. The chart below shows Russian stocks tanking 50% today. To be clear, Russian stocks have bounced massively off the lows this morning, but investors still lost 3 years of gains […]
Technology stocks are under pressure again as investors face the end of the Federal Reserve’s Quantitative Easing measures. The chart below of the ETF “QQQ” illustrates the dangerous position technology stocks are facing. Do prices collapse from here, or do we get a solid bottom and begin a new rally? To be sure, that’s anyone’s […]
It’s been a while since I posted a market update. So, without delay here is your global macro setup as we approach mid-February. To summarize, we have a bit of a tricky setup at the moment. First off, global Central Banks are trying to pivot to a tightening monetary policy without upsetting the apple cart. […]
Markets in search of direction is usually a time when patience is warranted. To be sure, January 2022 was a tough month for risky assets. Risk premium was wiped from technology stocks at a breath taking pace. For one thing, from the rubble new leaders and new risks emerge. The challenge now is balancing the […]
Why the Bank of Canada did not raise interest rates today? A question hotly debated. To summarize the current narrative, investors believe global Central Banks are behind the curve fighting inflation. Meaning, the time to fight inflation is now not later in March. The inflation hawks were disappointed today, as market probability suggested a 70% […]
Markets gone wild! That’s an understatement given today’s price action. Equities cratered at the open only to rally and wipe out losses! Last week I wrote a post about fear trades. Well, today checked off two of the three conditions. So, what does that mean going forward? Indeed, today many weak hands were flushed from […]
