Bollinger Bands

The "Exit" Problem

"The collective wisdom of market participants is generally 'right' during the middle of a market advance but 'wrong' at market peaks and troughs..."

"When", Not "If"

“It is a bad sign for the market when all the bears give up. If no-one is left to be converted, it usually means no-one is left to buy.

Caution: Protection Required

Negativity has been replaced by positivity, any sense of caution has been thrown to the wind, bullishness is pervasive and bears look like idiots. In short: All the conditions one wants to see if one is interested in a market fade or at least in getting some protection.

Greatest. Fools. Ever!

“In the ruin of all collapsed booms is to be found the work of men who bought property at prices they knew perfectly well were fictitious, but who were willing to pay such prices simply because they knew that some still greater fool could be depended on to take the property off their hands and leave them with a profit.- Chicago Tribune, April 1890. Nothing... ever... changes.

Is The US Dollar Set To Soar?

Which blocs/nations are most likely to face banking/liquidity crises in the next year? The FX roulette wheel is still spinning, but the ball will drop fairly soon, if not in Q4 2016 then in Q1 2017.

Cheap Oil, The U.S. Dollar & The Deep State

Those expecting a major weakening in the USD to push oil higher shouldn't hold their breath awaiting this outcome. Maybe the USD will weaken 20%, but why would it do so when every other central bank is weakening its currency? Wouldn't it make much more sense to drain wealth and geopolitical leverage from oil exporters?