I don’t expect many traders to truly reflect on the pitfalls of technical analysis, even after countless trading mistakes have already been made. While its value might seem obvious to anyone dazzled by the endless price charts and patterns, those who fall victim to its traps often don’t realize what’s…
Author: Dario
THIS IS TRULY THE GOLDEN AGE FOR FRAUDS – BUT A REAL LIFETIME OPPORTUNITY IS ALSO COMING
I do not expect many people to learn a lesson from what happened today in Hong Kong’s stock market. While the hype fades in this corner of the market, it will surely resurface in another corner. Perhaps in the US, where fraudulent trading has been running wild in the past…
IS THE OIL PRICE ABOUT TO BECOME A KEY TOPIC OF THE US PRESIDENTIAL CAMPAIGN?
Oil price is perhaps the most manipulated asset price right now after gold and silver managed to escape BIS trading desk claws lately. Let’s start from where we left this topic almost one year ago when the Biden administration successfully managed to crush the oil price through the floor all…
MOUNTING SIGNS OF LIQUIDITY PROBLEMS AMONG LARGE US AND UK BANKS
The past week has been incredibly interesting, to say the least. For the first time since the 2020 COVID crisis, we saw the FED Standing Repo Facility being tapped for a significant size by at least one bank (IF “EVERYTHING IS AWESOME” WHY THERE IS AT LEAST ONE LARGE BANK…
AT THIS RATE CHINESE STOCKS WILL HIT ALL TIME HIGHS IN 3 WEEKS – WHAT’S REALLY HAPPENING THERE?
Victory lap after victory lap, my sincere congratulations to all those who jumped onto this rally. Just remember profits only become real once you cash out, but clearly, this is not on anyone’s mind at the moment. Let me share a story with you first: I landed in Hong Kong…
IF “EVERYTHING IS AWESOME” WHY THERE IS AT LEAST ONE LARGE BANK THAT COULDN’T FIND LIQUIDITY IN THE OPEN MARKET AND NEEDED IT FROM THE FED?
Yesterday was the end of the third quarter of the year, which means banks (along with brokers and asset managers) were busy “window dressing” their books to make sure they looked as good as possible by the time the quarter-end snapshot of their financials was taken. Bank goals heading toward…
JAPAN ISN’T ALLOWED TO IMPLODE BEFORE US ELECTIONS, BUT NOT EVERYTHING IS UNDER CONTROL AND THE CHANCES FOR A REAL BLACK MONDAY TO SPARK ARE NOT THAT LOW
Last Friday, a few minutes after the Tokyo stock exchange closed for the week, news about Shigeru Ishiba winning the LDP party leadership elections, making him virtually the next Prime Minister, jolted Japan’s futures and FX markets. Why did Japan stock futures crash more than 7% after the news? Because…
HERE COMES THE PANIC – BUT NO WORRIES, IT WILL BE VERY SLOW AT FIRST
A piece of breaking news like this one should have sent markets into panic mode: “China Weighs Injecting $142 Billion of Capital Into Top Banks“. However, due to a boiling frog syndrome that is trapping the vast majority of the public, both retail and professional, no one is feeling the…
A BIG BANK IS ON LIFE SUPPORT, CHINA KNOWS IT AND IS PREPARING TO WITHSTAND THE SHOCK – IS THIS BULLISH?
This current historical period for markets is one of a kind, isn’t it? Surely when it comes to the dissemination of fake and misleading news. This is the set of policy measures the PBOC announced yesterday in support of the Chinese economy: All the policies above except one were in…
IS THIS BLACKROCK’S MASTER PLAN FOR BITCOIN?
BlackRock’s spot Bitcoin ETF (IBIT) has been by far the most successful ETF launch in the firm’s history and with ~22.5 bn USD of AUM already is set to surpass the established iShares IAU Gold ETF (~31bn$ AUM) in the near future. However, why does a firm that manages ~10.6…