Brexit. Buying opportunity
China implosion. Buying opportunity
NOPEC deal. Buying opportunity
TrumpNado. Buying opportunity
Tightening credit conditions. Buying opportunity
Global implosion. Buying opportunity
Short-covering. All good...
Walmart miss on revenue. All good...
U.S. Oil inventories. Pretend this isn't happening again...
China quantitative uneasing. All good...
Re: Imagined Reality 2015
China is set to record its weakest growth in GDP in 25 years. Yet it seems to have entered a bull market and may be where we deploy much more of our risk capital next year. That's because the recent exuberant run up in onshore Chinese equities seems to me to amply demonstrate the power of imagined realities.
On Balance Volume
On-balance volume (OBV) is a momentum indicator that uses volume flow to predict changes in stock price.
"Rest of what?"
