In today’s Money Morning…crypto for the masses…capitalism was meant be Darwinian…a collision like no other…and more…
Search Results for: closing bell
Trader’s Corner — Chinese Credit Teetering and Gold Ready for Blast Off
Gold spiked higher on Wednesday and held those levels in the next session. It will be interesting to see how gold trades over the next few weeks.
Trader’s Corner — Sell in October and Go Away?
The market is currently way overstretched to the upside due to the relentless money printing from the US Fed. We are heading into the riskiest month of the year, October, and the Fed has said we are getting close to a taper.
Trader’s Corner — Disaster Averted, but…
It looks like disaster was averted this week with the Evergrande situation going onto the backburner and the FOMC meeting ensuring the market that taper is coming, but not for a few months yet.
Trader’s Corner — Contagion?
The troubles in the Chinese property market as a result of government clampdowns on property developers are starting to cause some serious havoc.
Trader’s Corner — Time to Sell?
I’ll wait to see how things are looking at the end of this month. If we get a monthly sell pivot confirmed in the ASX 200 (a closing price below 7,415 at the end of September), I may take some more money off the table.