The Best Porsches Of All Time
I am not quite certain about either the 1984 911 SC Cabriolet or the fat arsed Panamera which to my eye simply looks like a regular 911 that has been force fed and then beaten with an ugly stick
Read more
NASDAQ…. Again
Within trading one of the things that is often missing is the need for perspective, the noise that accompanies the markets generally obscures what is actually happening. It also forces upon traders an unnecessary granularity on both their analysis and their emotional response. If you were anywhere vaguely near a radio, tv, website or paper…
Wall Street’s Brightest Minds Reveal……
Whilst, munching through my tea and toast this morning I came across the screaming headline Wall Street’s Brightest Minds Reveal THE MOST IMPORTANT CHARTS IN THE WORLD. My initial response was I doubt that and upon opening the link I my initial doubts were confirmed. What should have tipped me off was the expression Wall Streets Brightest…
What Next For Behavioural Economics?
The past decade has been a triumph for behavioural economics, the fashionable cross-breed of psychology and economics. First there was the award in 2002 of the Nobel Memorial Prize in economics to a psychologist, Daniel Kahneman – the man who did as much as anything to create the field of behavioural economics. Bestselling books were…
Manipulate Me: The Booming Business in Behavioral Finance
It’s hard to find a place today where concepts of behavioral finance aren’t being applied to real-world situations. From London to Washington to Sydney, governments are experimenting with the psychology of decision-making and trying to “nudge” citizens toward better behaviors, whether that means saving more for retirement or signing an organ donation card. Meanwhile, businesses…
Stereotypes
At the risk of enhancing stereotypes or inflaming passions I give you the following graphic. Each dot on the graphic indicates where Americans think Ukraine is. Interestingly a large number stuck it in the US itself and some particularly misguided souls dropped it into the Outback. Source – The Washington Post
The Daily Show – Matt Taibbi
I have held the opinion that Matt Taibbi formerly of Rolling Stone is currently the best financial journalist going around. Here he is on the Daily Show talking about his new book The Divide. Click the image below to be taken to the show.
NASADAQ Woes
Since the NDX has had a bit of a hissy fit and has stumbled out of bed I thought i would take at a few of the structural elements that might be making things a little bit bumpy for tech related issues. On a casual viewing it seems as if the new disruptors are the…
Look Out Below
Probably not the best start to the day ahead. The thing that has interested me over the past few days is how poorly the NASDAQ has been performing – to my eye it looks as if the uptrend from June has been breached. I will have a better look after the mornings data dump.
A Nods As Good As A Wink
A new study led by the University of Exeter and Swansea University has pinpointed the changes in the brain that lead gamblers to react in the same way to near-misses as they do to winning. The research shows that near-misses are underpinned by increases in the brain’s electrical activity, particularly in the theta frequency range…
Motivation Monday
As a Richmond supporter and former Jeep Wrangler owner I couldn’t resist posting something on old Tom. White t-shirts are never so cool as when being worn by Tom irrespective of the weather.
What A Top Idea
Vietnam is sentencing corrupt bankers to death by firing squad. Others just get life behind bars. BANGKOK — For the most part, American bankers whose rash pursuit of profit brought on the 2008 global financial collapse didn’t get indicted. They got bonuses. Odds are that scandal would have played out differently in Vietnam, another nation…
What Are these Things?
When I opened IG’s dealing system the other day I noticed these widgets on the home page. They seem to change each day or so whenever there is some new impending announcement. i understand their function from a marketing point of view but was actually wondering whether anyone paid attention to them. The problem as…
THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD
Want to be an exceptional trader? Learn from the best. Chris and Louise have found the way to take the guesswork out of share trading.They can teach you how to do this too!
WANT TO HEAR MORE?
