8 February 2017-

My judgment on gold seems to be working as gold is moving higher.  I think current level of 1240 is not the end of long trend. There might be a correction to watch for. During the week I reduced my positions on gold and jumped back again as priced started to rebound after a fall….

3 February 2017 – Era of new stock boom?

The last week performance was the best so far since I started this blog. My judgment of the market proved to be right in oil and gold. I held my positions at both commodities and prices rebounded. During the week, I reduced my positions in oil as I do not see for oil to move…

27 January 2017 – Crazy Trump Era!

The week was remembered as Dow passed 20000 and Executive orders fired by Trump. The week ended as Dow stayed above 20000 level , Trump gave green light to two pipelines – Keystone and Dakota. Banned 7 Muslim majority countries from entering the USA for 90 days, stopped accepting Syrian refugees indefinitely. How the market will react…

20 January 2017 – Trump the new President.

It was a day Trump was sworn into the office of White House. Nothing major change has occurred within the last week. Pound sterling jumped back after May’s statement on Brexit. She said there will be no deal with EU for access to the single market. Which means after Article 50 is triggered by the Parliament Britain…

12 January 2017- New Year Headstart

It’s been 3 weeks from my last blog. A lot of stuff happened in both economic arena and political but nothing game changing yet. The major issue that has really changed was gold prices. Gold went up 6% during the past 3 weeks and Yen has strengthened after weakening consequently from 9 November 2016. I have…

22 December 2016 – Turtle Week!

I did not do much trade this week as I did not have much time to focus on and the market is calm. Everyone is living with Christmas mood. I was reluctant to do take large positions on assets I mentioned. I took positions as mentioned earlier by going long in  pound and short in…

15 December 2016 – Month of a year!

I like getting and giving bad news first! So, let me say that one day left to FED meeting my trading account was closed down because I had not put real capital into my real account on time. What an unlucky timing! I was going to kill in that day. Anyways, till close, I was…

08 December 2016

I executed few of my previous actions I mentioned. But I regret that I did not follow the one I said I would do and it was US Stocks. It was the only major asset class that rose in the past week. Others did not change so much. Instead of buying US Stocks I did…

1 Dec 2016

Finally, OPEC agrees to cut production by 1.2mbbl/day. OPEC finally used its last bullet correctly and hit the target. During the week , Oil prices had gone down that OPEC deal was not going to happen as Iran and Saudi Arabia kept pushing their own terms. Prices fell and later rebounded, crude oil went past…

23 November 2016

OPEC deal is now more optimistic than before. It seems ministers decided to come together to try to reduce production. I should have expected this as I mentioned earlier that this is the last bullet OPEC has got to have an impact on price for this year otherwise, oil will tumble. However, I am not…

Predictions of November 2016

On Thursday, Yellen gave a hint on US rate increase which made dollar get stronger over again. Oil, gold, currencies fell on the news. markets are very interesting. there is too much action and volatility currently in the market in all assets. Yields are going up and down, dollar keeps rising, other currencies are being…

16 November 2016

My analysis on 9 November or rather say no analysis ( useless illogical decisions) hurt me a lot at the beginning when oil plunged dramatically during the week. Currently it has recovered a bit , however, gold price is still low. I did not judge the market correctly or reacted way too early for Trump protectionism. Currently…