During the week I posted a link to some remarkable charts coming out of China. These show what a market in the grip of mania look like. The chart below is what a market that is struggling to get out of bed looks like.
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And I am about to jump a plane to speak at Michael Yardneys Wealth Retreat but before I go, a little something that reinforces the first rule of Buddhism – dont be a dickhead….
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Weaver’s five-day run as the oldest person in the world was short, but it turns out that the oldest person in the world never holds that title for very long. Since records started being kept in the 1950s, the average tenure has been just around a year, according to the Gerontology Research Group; it has…
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More eye watering charts here – Bloomberg
I got bounced the snippet below by a punter who had taken it from The Reformed Broker This particular punter has a penchant for anything that indicates that the market might be about to have a correction of any sort. As such they are drawn to this sort of analysis. The drivel about trailing PE’s…
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Another clever piece from Behaviour Gap
I was having a Q&A yesterday with Caroline Stephen the boss of Talking Trading and many of the questions that folks had sent in for discussion revolved around how hard trading was. I agree there are some aspects that are hard but then it could be worse, you could be doing this for a living.…
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