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LATEST BLOGS

Dow 36,000

F#$k me…………if you say the same thing every year for the better part of two decades eventually you might get it right……….. The Dow Jones Industrial Average set a record this week, but it’s still far from the mark that economist Kevin Hassett and I forecast in our 1999 book, “Dow 36,000.” We wrote in the introduction that…

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Bull Markets

These don’t tell us anything we can use to formulate a trading plan, but they are interesting from an historical perspective. The current rally on the S&P500 is the sixth best overall. The league table of all rallies  

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Jim Rogers

“Most of us don’t have the discipline to stay focused on a single goal for five, ten, or twenty years, giving up everything to bring it off, but that’s what’s necessary to become an Olympic champion, a world class surgeon, or a Kirov ballerina. Even then, of course, it may be all in vain. You…

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Those Pesky Chinese……Again

This is becoming as monotonous as it is becoming predictable. Once again we have a big of a slip in the market and it is blamed upon action in our Northern neighbour. To me the issue is simple, only simpletons believe that China will be the saviour of Australia and for that matter the rest…

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Groupon

Whilst having a cuppa my news feed apparently picked up that the co-founder and CEO of Groupon had been given the arse and had written a rather whimsical note to staff about his sacking. This is the note – “People of Groupon, “After four and a half intense and wonderful years as CEO of Groupon,…

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Gann Told Me

Apparently when the planets align and you get home from the emergency room because you put a pencil up you nose this is a chart that makes you go short…. So how did that work out for you?

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