The Stock Exchange is all about trading. Each week we do the following: discuss an important issue for traders; highlight several technical trading methods, including current ideas; feature advice from top traders and writers; and provide a few (minority) reactions from fundamental analysts. We also have some fun. We welcome comments, links, and ideas to […]
We have a normal week for news with the emphasis on inflation data and business optimism. In recent weeks data has had little bearing on stock price movement. In fact, the opposite has been the case. Whatever happens with stock and bond prices is selectively used to spin the data interpretation. There are many dire […]
The Stock Exchange is all about trading. Each week we do the following: discuss an important issue for traders; highlight several technical trading methods, including current ideas; feature advice from top traders and writers; and provide a few (minority) reactions from fundamental analysts. We also have some fun. We welcome comments, links, and ideas to […]
The celebration of the Trump/Xi dinner in Buenos Aries lasted about three hours. What went wrong? This reaction was not a complete surprise, but the size and rapidity were attention-grabbing. The market reaction fits the description I suggested in May: Trading, Fast and Slow. A small piece of news leads to a cascade of trading […]
We have a major week for news – the result of the G20 meeting, Chairman Powell’s Congressional testimony, and all the most important economic reports. In honor of President George H.W. Bush, Wednesday will be a national day of mourning. Many activities will stop for the day, including US trading. It is a case of […]