2012 has not been a good year for stock market bears. Our short positions have been stopped in their tracks and we are currently standing aside dusting ourselves off.
Of course, it would be easy to blame our miscalculations on the fact that successive rounds of Quantitative Easing on both sides of the Atlantic have resulted in a very large increase in liquidity with nowhere for the mountains of cash to go except the stock market. But, that would just be sour grapes, wouldn't it?
October, which is traditionally the most bullish month of the year, especially if we ignore the rather unfortunate statistical aberrations of 1929, 1987 and 2008, has not disappointed those of us who have kept faith in the market recovery. The current consensus amongst Fund Managers is that the market is primed to rally until year-end.
So, the worst is over.
Or is it?
John Burford is a Professional Trader and Account Manager as well as being the editor of the Money Week Trader. He is primarily a technical trader and, over the last several years, he has fine-tuned his unique trading strategy that he calls Tramline Trading.
Kevin Barry of the Traders & Investors Club discusses his market positions for the month ahead as well as presenting our regular summary of the recent global market action.
Kevin also reveals his outlook for the FTSE over the next several years. Unfortunately, it is not a pretty picture.
Kevin Barry of the Traders & Investors Club updates us on the progress of his longer-term positions since last month. He expects the economy to deflate over the years ahead and explains his strategy for dealing with it.
Kevin remains bearish on both the stocks and commodities sectors. He is also unfashionably bullish on the US Dollar.
This evening, Kevin discussed his market positions for the month ahead as well as presenting our regular summary of the recent global market action.
Kevin Barry of the Traders & Investors Club explains why he remains bearish on both the stock market and the commodities sector. He is holding his copper and gold short positions and reveals why he is unfashionably long the US Dollar.
Kevin also discusses how to hedge US Dollar denominated assets and illustrates how live cattle prices are poised for a significant advance in tandem with increasing sunspot activity.
Kevin is short the commodities sector across the board and expects the Yen to weaken against the US Dollar. He is also looking for one last gasp from the stock market before the long-awaited correction. Unless QE3 rears its ugly head that is..........
The US Dollar has broken the critical support line, which means that the Federal Reserve may be well be on its way to succeeding in its ultimate objective to grind the Greenback into the ground.
What ramifications does this have for global commodity prices and the outlook for inflation?
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