I didn’t write about the stock market for a while now and there is a good reason for that, there is nothing new – the market is still in a bull trend. So far there is little evidence to suggest this bull run is ending, but on the other hand I’m sure you’ve heard about the quote ‘risk happens fast’. So everyone is probably wondering what to do going forward.
In this post let me show you the pattern of the years that end with 7 as well as why this market is so similar to the market in 1995. Continue reading “A repeat of 1995 or years that end with 7 pattern?”
Probably you’ve seen this chart a few times in the last couple of weeks saying that S&P500 is expensive compared to commodities. Well, don’t go and just buy a random commodity… for example, as I wrote, I am expecting gold price to fall. But on the other hand it seems European energies could rally and let me present what I see here. Continue reading “European energies”
I would like to start with my tweet I posted 10 days ago.
So far this has been a great call. Before continuing, please read my past post about gold here, where I discuss that gold price is likely to trade lower.
Now, back to bonds. Continue reading “Sell bonds and buy micro-caps”
Had you asked me a few months ago what do I think where oil might go, being quite a vocal bear, I’d say that the only way is down. Even when WTI was breaking above 52.00 USD/bbl level and hedge funds have built a record long position, I was very pessimistic about that and as expected the move was short-lived. But recently I became less bearish. In this post let me present what I see right now.. Continue reading “USDCAD pointing to crude oil rally”
S&P 500 rallied and finished strong this week as anticipated. I wrote about the necessary help from broader market participation in last week’s post, and we got it. But what next? Let me present you arguments for and against this rally and what to look for going forward. Continue reading “S&P 500 approaching an important resistance… Is this rally about to end or continue?”
This week SPX closed at all time highs and it broke above it’s 3 months trading range. New all time highs is a characteristic we see in bull trends. Now the question is, can we see this move to be extended or rejected. In this post I would like to show you constructive signs based on DJTA, equally weighted SPX and XLF ETF. Continue reading “S&P 500 needs help from broader market participation”
This week I would like to write about Brazil and it’s stock market. Most of you are probably aware, that the market opened with a nasty gap down of around -17% on Thursday the 18th of May. I was long EWZ, Brazilian ETF and of course I was down on this position that day. I decided to close my position with no hesitation. Let me write about this position and what can one learn from it. Continue reading “Brazil’s plunge and what can we learn from it?”