Market Wrap The Maginficent Seven
These are not the magnificent seven you might be thinking of; rather, I look at what the seven largest lithium stocks in the world are telling us.
These are not the magnificent seven you might be thinking of; rather, I look at what the seven largest lithium stocks in the world are telling us.
The constantly evolving nature of markets makes them trade generating factories for those who can spot the change as it is occurring. However, spotting change is harder than it would seem if you rely upon the wrong basis for comparison and don’t understand that markets are also quite nuanced.
Whilst sitting in my local having my usual toast and vegemite following training I was listening to a podcast that touched on the fact that in the UK a huge number of people who might be entitled to government benefits didn’t apply for them. Recognising that people might not be aware of these benefits the…
DetailsThis is a little follow-up to my last video about how data is presented to us and how we interpret it. The following chart is yet another one doing the rounds which is supposed to imply something and in turn, cause people to act. What the chart shows is that the S&P Commodity Index relative…
DetailsThe snip below is of last night’s trading in the US along with a headline. As you can see there is a little bit of handwringing going on. The onset of September has caused a variation of the following graph of monthly returns on the S&P500 to appear on various platforms. It shows that contrary…
DetailsIn trading, there is always friction, and each incidence drags on your returns. The friction may come from simple things such as the fees you pay for your trading not being justified by your results. Alternatively, it can be that you take suboptimal trades instead of taking trades that reflect your rules. This one is…
DetailsAll too often traders assume that noise is data this was precisely the case last week when it seemed to all that the world was ending. In fact, we got something that wasn’t that far from the ordinary. <center.
DetailsOnce again we find financial pundits proclaiming the end of the world. As with most things, the true picture is much more nuanced. <
DetailsDrawdown is inevitable for traders – some idiots believe it is possible to trade without a period of drawdown. But they live in a different world to the rest of us grown ups. What is foremost is your response to drawdown and your ability to analyse what has happened and to keep going. There is…
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