Seven Reasons to Avoid Gold

Over the past several years gold has lost much of its value not just in terms of price.

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Options Industry in Crisis

Back in March I wrote an article Option Trading is Collapsing in which I pointed out “some unnerving trends have been developing in the option trading industry”, including the lack of volume and liquidity in many of the individual listed equity options, the widening of bid/ask spreads and the decision by several…

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Three Ways to Play in Water

The Ancient Mariner’s lament of, “water, water everywhere but not a drop to drink”, has a corollary in the investment world that goes something like this, “water is the most vital element on the planet but it doesn’t seem to be worth anything”.

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Nasdaq’s Next Step?

Yesterday the Nasdaq Composite Index finally crossed a new milestone, closing above the 6,000 level.

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What’s the Story?

As a trader who focuses on the use of technical analysis and options, two of the concepts I’m always hammering on about: price foretells the story and it also tends to revert to the mean.

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Are People Set to Get Burned by Volatility?

It’s been widely reported stock market volatility has been on the decline for the past few years, sinking to historic lows in the weeks following the election.

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Incredible Shrinking Stock Market

As the bull market turns 8 years old it’s not only getting a bit long in the tooth, but valuations are beginning to be stretched.

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The Boomer Put

During the first few years of the bull market recovery following the financial crisis some people used to talk about the “Bernanke Put”, or describe the Fed as the “Plunge Protection Team” to explain why the stock market would immediately bounce back after sell-offs.

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Is a Big Correction Yet to Come?

The market has suffered through a few down days over the last week, but after Monday’s sharply lower opening it has quickly snapped back, even turning green by mid-afternoon.

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Squeeze Me

We all know there has been a proliferation of Exchange Traded Funds (ETFs) that have sliced and diced the market into ever finer segments without actually adding value. But here comes a new product I can embrace as a true contrarian play and has a place in a diversified portfolio.

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Case for Higher CAPE

One of the few concrete metrics the bears, the few that are left, have been pointing to current valuations as becoming excessive and will eventually necessitate a stock market correction.

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Lessons From the Pits

I’ve been reading Trading in the Zone by Mark Douglas and came to part me I thought worth sharing.

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