Introduction to David TepperDavid Tepper, a name synonymous with innovative trading and investment strategies, has left an indelible mark on the financial world through a combination of keen analysis and bold decision-making. His journey from the trading floors to the heights of hedge fund management illustrates a story of grit, intellect, and the pursuit of financial acumen.Brief Bio of David...
Introduction to Chris TateChris Tate, a renowned figure in the trading world, embodies a unique blend of analytical rigour and quantitative analysis. Chris Tate is one of the first people to ever release a share trading book in Australia and has had an extraordinary impact on thousands of traders. Best selling author of ‘The Art of Trading’ and ‘The Art of Options Trading in Australia’ , his...
Introduction to Charlie MungerCharlie Munger is not just an investor; he's a profound thinker whose sharp wit and robust investment philosophy have profoundly shaped the investment landscape. Best known as Warren Buffett's right-hand man at Berkshire Hathaway, Munger's approach—emphasizing the importance of mental models and a multidisciplinary framework—has made him a legendary figure in the...
Global Stock Market Update - 3 June 2024Welcome to our market update... there are some interesting shifts going on in the market right now! In the table below you will see that the major US indices have been struggling to keep their head above water, but it is nice to see the Russell 2000 Equal Weight index leading the market rather than big tech for a change. In fact, the technology sector was...
Global Stock Market Update - 20 May 2024Stephanie and I were away for a four-day weekend this weekend for her birthday, so I am only just back at my desk now to do the weekly market update. As a result, it is going to be a quick one. Here is the performance of the major markets over the last week:The key highlights from my perspective are: Broad-based advance in US stocks covering all sectors...
Global Stock Market Update - 13 May 2024Here are the highlights from the markets I trade over the last week: Stock markets globally were strong over the last week with solid gains in most countries and across all sectors. Renewed strength in US Stocks across the board, large caps and small caps. This strength is not just driven by big tech which is very reassuring as the move has been...
Introduction to Parabolic SAR The Parabolic SAR (Stop and Reverse) is a popular trading indicator used by traders to determine the direction of a security's momentum and the point at which this momentum has a higher-than-normal probability of switching directions. Developed by Welles Wilder, who is also known for creating the Relative Strength Index (RSI), the Parabolic SAR is designed to...
Global Stock Market Update - 05 May 2024 The US market gapped up on Friday breaking the short term high from the start of the week. Looks like this correction may be over, but be careful of reading too much significance into a single day's move. I would really like to see this follow through this week to ensure last week's low holds before I get too excited about the correction being over. The...
Trading Indicators Explained - What Are Trading Indicators? Trading indicators are mathematical calculations based on the price, volume, or open interest of a security or contract. By transforming data on a chart in a way that highlights potential patterns, trends, and volatility, indicators provide valuable insights into how a security is performing and where it might be heading. Used...
Global Stock Market Update - 29 April 2024Last week in our update I mentioned that the markets had been down for quite a few days in a row and we should probably expect a bounce in the markets. As you can see from the charts below that certainly happened. All 4 of the stock markets that I trade actively experienced a bounce. The surprise was Hong Kong which has really come through with some...
Global Stock Market Update - 22 April 2024TLDR: A lot can happen in a week, the weakness I discussed in my last update has accelerated: S&P500 down 3% on the week with and had 6 down days (open to close) in a row! The Nasdaq 100 was hit the hardest as it probably had the furthest to fall and is down over 5% for the week Most stock markets globally are lower than a week ago with notable...
Global Stock Market Update - 15 April 2024There have been several classic signs of weakness in the markets over the last week: All US Sectors are down compared to a week ago Most stock markets globally are lower than a week ago All major currencies are down against the USD Bitcoin is down 1% and altcoins down 11% compared to a week ago Gold, platinum and other precious metals are up This feels...