Bubbles

  The following is an extract from the number one Amazon Investing Bestseller 101 Charts For Trading Success written in November – December 2010, and now out in Paperback. The book seemed to have two purposes, the first was apparently an attempt to break up my marriage as my wife was 7 months pregnant when […]

I am up early for Brazil and as I look out at the financial markets I see a tidal wave of markets crashing, all heading towards me.. ….and there is nothing I can do, but wait till it hits Brazil and BOVESPA when it opens later today..! As I write, Nikkei -7.3%, DAX  -2.5%, CAC […]

The Stock Markets are out of control, the uninterrupted run up continues and investors do not seem to care. I am concerned because I can’t find any argument to justify buying at these levels and I say this from past experience. When there is no reason to buy, the risk of a severe correction or […]

Do you remember what you were doing 13 years ago?  Probably still breathing a sigh of relief that the Y2K computer software issue didn’t really exist.  And, hey, things were looking good.  The key stock indicators looked great.  It was the start of a whole new millennium.  What could possibly go wrong? Well, a lot […]

Ocado (LSE:OCDO) shares appeared in Lessons From The Financial Markets For 2013 as an unlikely sounding buy on a break of 90p. It may appear in next year’s edition as an equally surprising sell back towards 90p.  The reason is what could be called the Quindell Sell Signal. Last week there was a lot of […]

The FTSE continues to trend higher in an overbought market. It is overbought on the RSI 14 and overbought on my own proprietary indicator, 13-day BTI. When the 13-day BTI is overbought the FTSE will pull back. However, on some occasions and in strong trending markets the FTSE can remain overbought for days. In this […]

Espírito Santo Investment Bank The Portuguese Investment Bank, Espirito Santo Investment Bank reported on the results performed by Spanish telecommunications company Telefonica (BOV: VIVT4), in the first quarter of this year. Telefónica Brazil, the Brazilian arm of the Spanish company, increased its net revenues in 2.9%. The Investment Bank’s report says that the Telefonica Brazil had...

This new license will allow Vale (BOV:VALE5) to operate a rail terminal of Ponta da Madeira Valle (BOV:VALE5) reported on Monday that it had received an environmental license for operation (LO) of Ponta da Madeira rail terminal, in Maranhão, which was issued by the State Department of Environment. According to the statement, the terminal is […]

A day of changes for Banco Itaú (BOV: ITUB4). It has been suggested that Marcelo Marangon, Executive Director of Banco Itaú, has reportedly left along with four other members of the Board of Directors: Andre Cury, Antonio Sanches, Paulo di Paula Abreu and Jorge Bedran Jettar. This could represents the end to its international dreams, Marangon […]

Those were the words of Zhang Ke of the Chinese accounting firm ShineWing as he told reporters that local government debt in the country is “out of control.” Mr. Zhang said that ShineWing “audited some local government bond issues and found them very dangerous, so we pulled out.  Most don’t have strong debt servicing abilities. […]