That Must Have Stung…..Just A Little
This has been a tough week for the 0.01% out there. For the world’s billionaires, this week is already proving rough. The Chinese stock market dropped 8.5 percent Monday, the biggest single-day decline since 2007, and the world’s 400 richest people lost about $124 billion collectively. Chinese billionaires lost more than $14 billion of their…
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I Am Fascinated By This
AMMO NYC is my new favourite YouTube channel. I am fascinated by this young blokes fastidiousness and professionalism. Every tradesman I have met for the past year has been the complete opposite – a total collection of fuckwits who are incompetent beyond belief. This gives me hope that out there are people who know what…
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Drawdowns
I thought will the market currently going to hell in a handcart it would be instructive to generate a few drawdown curves for the main players. Moves such as the one we are undergoing are always instructive, if only for the illustrative effect of seeing how little the media actually knows about market. The issue…
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Charts Of Interest 20/08/15
A slightly different Charts of Interest this week as I felt that the recent events in markets deserved a little bit of commentary. All to often sudden moves in the market catch traders both tactically unaware and emotionally unprepared. There has been a single dominant theme in US markets since the first quarter of this year…
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Where the Car is King
More here – The Wall Street Journal
