Monday, 22 May 2017
Tuesday, 16 May 2017
Saturday, 13 May 2017
Ftse is testing the all time high and is at the upper bollinger band.Next week will be critical as to whether it breaks out or we see a false break and reversal. To me it looks like an exhaustion.No doubt the renewed weakness in sterling helped the market,though I had been expecting the Macron election win to be a sell the news event. There is divergence now with the US markets ,which were weak last week,though Germany is still holding high levels
4 hr chart
4 hr chart
Wednesday, 3 May 2017
"Paul Tudor Jones says US stocks should terrify Yellen"
Billionaire investor Paul Tudor Jones has a message for Janet Yellen and investors: Be very afraid.
The legendary macro trader says that years of low interest rates have bloated stock valuations to a level not seen since 2000, right before the Nasdaq tumbled 75% over two-plus years. That measure — the value of the stock market relative to the size of the economy — should be “terrifying” to a central banker, Jones said at a closed-door Goldman Sachs Asset Management conference.