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1. Major Stock Indices reflect the market capitalization of the Index Member Companies - and not necessarily the economic health of the Country per se. Those two historically inclusive factors are becoming a bit more exclusive as the World becomes more globalized. It’s been said many times and...

Keep a journal and be brutally honest with yourself. Start a spreadsheet that tracks your performance metrics. If you’re daytrading - well, you’re finding out that is an especially viscous way to go about it.

I know the spamming case you are speaking of. I've read the CFTC and SEC complaints and followed his court case. I would argue the point that he "controlled" the market in the literal sense of the term. He would induce naive specs to puke "into him" by creating artificial market imbalances -...

Most economists will tell you we’re already in a recession. Could be a shallow short one or a long deep one - who knows. People need to get their heads around the fact that a stock index price simply reflects the market capitalization of the component stocks. Stock market levels are NOT...

Speaking from experience with clients - Discount Brokers don’t know WTF they’re doing with spreads. I’ve been doing client work for twelve years and every client who comes to me with a DB account ends up dumping them because their Risk Systems simply aren’t set up to margin spreads and...

Why is it that very few are content with broad markets being confined to a trading range for the next three to six months? Why is it either "Armageddon" or "To the Moon"? Jack Schwaeger and his 'Market Wizards' bullshit was one of the worst things to ever happen to independent speculators...

Yes, each charting platform will have cute nomenclature that means essentially the same thing. What gets to be especially maddening is that different charting vendors use different symbols for the same product o_O. God forbid they all use the same symbol the trading exchange uses :rolleyes:.

Choose Continuous Consolidated futures when longer term charting a single Futures instrument. :thumbsup: Otherwise the roll gap will confuse you. This is MOSTLY applicable to physically fungible futures where there are wildcard delivery issues with the underlying (like CL and ZN) and is...

There are clues in Gold and to a lesser extent the US Dollar Index. IMO you’re going to see rangebound trade in both fixed income and the major stock indices for the next few to several months. I am expecting the June jobs number to be a ripper similar to May.

I am appalled that he has yet to be knighted.

My daughter wrote a letter to the White House as part of a Junior High project and got a personalized response.

I am curious where you received your formal training in economics because most of what you propose is just flat out wrong. And please stop taking personal credit for the performance of the UK economy and for Brexit. The idea of "pension pumping' is a nebulous afterglow in the ether as...

1. Good luck getting a welfare state government in a perpetual condition of cash flow deficiency to go along with deferring more taxable income. 2. Sovereign Wealth Funds have had very mixed results to date in terms of native macroeconomic "pumping". I'm using the term "mixed" kindly. To...

At least here in the US, any income is taxable and any income stream can have an IRS identification code attached to it. Employed or Self-Employed - doesn't matter one bit to the US government. And the self-employed can have 401K's, Roth IRA's, and other types of DC retirement vehicles...

If that is truly the case - I should be able to find dozens of papers from the LSE, Cambridge, and the BoE correlating managed pension savings directly to UK economic performance. Got some links? Black Rock will be thrilled with your achievements. They should have thought of this 32 years...

I searched LinkedIn for your CV to no avail. Which is unusual for a published Economist. I also could not find anything substantive on your economics training background in your Amazon booklets. I am sincerely NOT trying to troll you - but I query along these lines because I can find no...

Please provide peer reviewed empirical evidence. I can find none. And your links are not formal proofs in the conventional academic sense.

Fink, Capito, Buffett, and Ackman established a hell of a pedigree before they went public.

You're right. What comes to my mind is what we used to call down on the floor "racing" broker orders.

That's fair. It's also fair to point out that having extremely available technology and a few thousand dollars in a commission-free account is a great way to lose said account equity. First, Robinhood offers commission-free trading because they sell the order flow. To Wall Street. Second...