Making a case for CFDs
headlines have been written about the incredible rise in value of the
so-called FAANG stocks listed on Nasdaq and traded as part of the S&P
500. In the last four years, the five stocks have advanced by 544
percent (Facebook), 268 percent (Amazon), 170 percent (Apple), 441
percent (Netflix), and 124 percent (Google/Alphabet) respectively.
With all the talk about North Korea
One of two things is going to happen:
- Nuclear war
- This will all blow over
If there's nuclear war, or even conventional war, the Korean peninsula will be in very rough shape. Possibly Japan and places beyond too. It would be an unbelievable tragedy and a major destabilizing force in markets.
We're in the long summer
Game of Thrones is likely the most-watched television show in history. It has a huge following right around the world and even if you don't watch it, the speech makes a great point about getting ahead.
Vacation isn't as easy as it sounds
No one ever talks about the vacation trade.
What you do before, after and during your time away can make or break your vacation. I made this video -- from Maui, Hawaii -- because I've been on both sides. It includes four rules that I have for myself whenever I take a break.
Don't trade BitCoin on the fundamentals, trade it based on what the other guy thinks
You don't need to love or hate BitCoin to trade it.
In this video, I explain why cryptocurrencies isn't a real currency and why that doesn't necessarily matter. I take a look at who is buying BitCoin and why that says more about where prices are going than the fundamentals.
Is there a technical reason to sell?
, said that the AUDUSD was a sell. He outlines his fundamental reasons for the price decline including:
Goldman's Phillip Moffitt, head of Asian Pacific fixed income
This is from a HSBC note on the EUR I saw during the week and I though I'd pass it along for some weekend reading
HSBC discussing this in the context of the EUR rally, but it also perhaps useful as a way of thinking about flows and their impacts. See what you think.
It's a bad day to be short EUR
I don't know how reliable this data is but it has the ring of truth to it. Depressing truth but truth nonetheless.
FXCM says that retail traders are short EUR/USD by a ratio of 4:1 at the moment. That means most accounts are taking an absolute beating today as the euro hits a 10-month high. They're also short every other euro cross and losing money there as well.
A few thoughts following yesterday's surprise change in the BOE MPC vote
Yes it was a surprise and the robots unsurprisingly took the pound up in rapid fashion, which suited me and I was able to sell around 1.2800 from the 6th tee at the charity golf day to which I had a long standing corporate commitment hence my early departure.
The Melbourne Institute (MI) Inflation Expectations for June 2017
- In May it was 4%
In the survey
consumers are asked whether, and by how much, they believe the prices of goods will change over the next twelve months.
Knowing the risk is step 1.
If I had an option to know risk or reward, it is always risk.
Trading is about taking your account balance and making it larger (the reward). However, you can also have a negative reward. That is you can lose money too.