Tag

On March 27th, European Securities and Markets Authority (ESMA) published its long-awaited verdict on the conduct of brokers in the industry. It fulfilled all the fears in the retail brokerage industry and will be fatal for some and force others to merge.  Sadly the excesses of a...

We remember the heady days of the .com boom and bubble built on a vision of a future where the world would be driven by technology. The banks and shops on the high street would close. AI would rule. There would be automation everywhere in manufacturing. You would be able to hold...

Over the last 12 months, Cocoa has been forming a very big bottom formation. Big bottoms can support big moves, particularly if there is little resistance to impede it. I see big things for this market  in the coming months – may be a 30% advance in price. Following ...

In this interview on IG.TV I cover strategies to give yourself cover yourself if the market turns but not leave the best bull market ever. These five strategies give you variously themed protection to a fall, particularly a sudden fall in the market, without giving up on the...

I was an admirer and fan of Crispin Odey, the charismatic head of Odey Asset Management. I have seen how his strong convictions and his money mouth is ways to have built his fund into a titan and to earn a profit of £143 million and performance fees of £58  just two years ago. I...

See Second Annual Technical Analysis Conference in Lagos It was a great pleasure to present at the Second Annual Technical Analysis Conference in Lagos, Nigeria. The conference brought together some of the established experts in the financial sector, who understand technical...

Very sadly for all of us, Dr. Henry O. “Hank” Pruden passed away on Saturday, August 26th at St. Francis Memorial Hospital surrounded by his family. Hank was a towering figure in the field of Technical Analysis for decades, publishing numerous research articles on the markets as...

Point and Figure “Guru” Jeremy du Plessis writes: When Point and Figure charts were used in the late 18th and first half of the 19th century, prices were low and so box sizes of ¼. ½ or 1 point were used. The charts were all plotted on an arithmetic scale. Each X and...

A new study* making waves in quantitative finance tested 447 anomalies identified by academics and found more than eight out of 10 vanish when rigorous tests are app lied. Among those failing to reach statistical significance: one anomaly recently set out by the godfathers of...

My friend and technical analyst colleague, Nicole Elliott has written a thought-provoking piece in the STA journal. You can read it HERE. I have long been a knocker of the value of economists and forecasters. It started my blog five years ago, What is the Point of Economists,...