Its Friday
And I am about to jump a plane to speak at Michael Yardneys Wealth Retreat but before I go, a little something that reinforces the first rule of Buddhism – dont be a dickhead….
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Why The Oldest Person In The World Keeps Dying
Weaver’s five-day run as the oldest person in the world was short, but it turns out that the oldest person in the world never holds that title for very long. Since records started being kept in the 1950s, the average tenure has been just around a year, according to the Gerontology Research Group; it has…
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Now This Is A Rally
More eye watering charts here – Bloomberg
So What?
I got bounced the snippet below by a punter who had taken it from The Reformed Broker This particular punter has a penchant for anything that indicates that the market might be about to have a correction of any sort. As such they are drawn to this sort of analysis. The drivel about trailing PE’s…
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Mistakes
Another clever piece from Behaviour Gap
And They Say Trading Is A Hard Way To Make Dollar
I was having a Q&A yesterday with Caroline Stephen the boss of Talking Trading and many of the questions that folks had sent in for discussion revolved around how hard trading was. I agree there are some aspects that are hard but then it could be worse, you could be doing this for a living.…
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We Need More Heavy Lifters
This is the S&P500 % of stocks above there 200 week moving average. Hard to sustain new highs when there is not a lot of action in the underlying stocks.
