Monthly Archives: March 2014

Are we in the middle of another .com bubble?

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If it looks like a duck and walks like a duck, it’s a duck. The King IPO is the latest in a string of social media companies trading on inflated valuations. There are currently two types of companies in the social media asset bubble. The first are those firms which have a significant user base…

FTSE bottomed, recent data suggest bullish outlook

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The FTSE 100 seems to have carved a medium-term bottom at the 6,500 points area that has been tested and held several time since mid-month. After the steep decline from the yearly highs of 6,900 points the recent downtrend has been arrested and positive data coming from the domestic economy support a more bullish outlook.…

AUD/USD pair sees strong performance…

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The AUD/USD currency pair has see strong performance in recent weeks as it rises towards its weekly 50ma which currently sits at 0.9259. This still hasn’t been hit as I write but it’s certainly a viable target. Although price can over-run a target such as this by as much as 100pips, I would look for…

Bo Yoder´s Letter from America

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As some may know, I retired from public life and teaching a few years back to focus on asset management.  I did some consulting and through that practice met Roger Khoury, the creator of the 3D Apex Trading Methodology.  This is the set of market forecasting tools that I use every day to analyze the…

If you want to be a juggler, join the circus!

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Juggle: verb, continuously toss into the air and catch (a number of objects) so as to keep at least one in the air while handling the others, typically for the entertainment of others.   Don’t you love the circus? All those lions with the heads of daft buggers (trainers!) in their open mouths, trailing elephants…

Bo Yoder’s letter from America

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In last week’s column, we walked through a profit taking scenario in the Russell 2,000.  As you can see from the chart below, the market reacted strongly to the green zone I had highlighted for profit taking, and is now reaching up to confirm the recent top as forecast.   Price may chop near the…

Is the price of coffee keeping you awake at night?

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Brazil, what a wonderful country. Immediately it conjurs visions of wild soccer fanaticism, Edson Arantes do Ascimento – world ambassador for the limp and needy (Pele to you and I), the Rio ‘Carnaval’ – an orgy of colour, costume, music and dance; then there is the mighty Amazon and it’s rainforest, home to lost tribes…

The FTSE remains under pressure but the upside looks attractive

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The FTSE 100 had a series of volatile sessions this week and it seems that this theme will continue over the next trading days as well. Since last Friday when we discussed the FTSE’s outlook a number of events swung the index up and down. The tensions in Crimea and the referendum that took place…

Charlie Burton on Euro Dollar Pair

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The rising trend channel on the Euro dollar currency pair I wrote about last week has now seen the lower trend-line tested. I have included the screenshot I took last week plus have included a zoomed out view as well.   As I stated, once price comes down to the lower rising trend-line, we could…

Beware the slides in March

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It’s been a ‘funny’ month, said a close trading pal a couple of days ago. Of course one immediately knows by the choice of that magic adjective that he was not on the right side of the market. It is always a good pointer when odd words give away the game – almost intimating blame…