Energy Markets in Turmoil
PS:If you are like me and long the energy complex beware of confirmation bias in this otherwise excellent overview.
PS:If you are like me and long the energy complex beware of confirmation bias in this otherwise excellent overview.
On a warm night in May of 1969, a throng of awestruck gamblers crowded around a well-worn roulette table in the Italian Riviera. At the center stood a gangly 38-year-old medical professor in a rumpled suit. He’d just placed a $100,000 bet ($715,000 in 2019 dollars) on a single spin of the wheel. As the…
DetailsHere is a quick quiz. Below are ae two charts with both the name and price scale removed – the first is weekly, the second is daily. What is the predominant trend of both? If you were able to glance at both charts and recognise that they were both timeframes showing a downtrend then take…
DetailsThis might come in handy in the next few days….. You have a late night and an early flight. Not long after takeoff, you drift to sleep. Suddenly, you’re wide awake. There’s cold air rushing everywhere, and sound. Intense, horrible sound. Where am I?, you think. Where’s the plane? You’re 6 miles up. You’re alone. You’re falling.…
DetailsWith NASDAQ100 in the news for all the wrong reasons I thought it would be interesting to have a look at the performance of its components. There are two charts below. The first looks at the year to date performance of the components and the second is the percentage each stock is from its previous…
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