Selling volatility is a trading strategy that can make consistent profits for very long periods of time only to see those profits wiped out seemingly in the blink of an eye. Most markets are orderly most of the time. If that were not true, markets would not be able to fulfill their price discovery
Watching U.S. stocks plunge over 10% in the past 10 days has certainly been a sobering experience for investors. But it’s not the end of the world. U.S. stocks suffered 10% corrections in August 2015 and January 2016 and bounced back quickly both times. This time may be different. Stocks may have further to
What do you get when you combine artificial intelligence, human intelligence experts, behavioral psychology, history, and complexity science? You get something that looks like magic. You get RAVEN™, patent pending, the predictive tool developed by Meraglim™ for analysts and investors. In today’s episode, Kevin Massengill, Meraglim’s founder and CEO, argues that the emperor has no
As China was piling up huge multitrillion-dollar trade surpluses between 2000 and 2010, certain Chinese companies with access to those reserves went on global shopping sprees. The biggest of the big spenders was HNA Group, a Chinese conglomerate that is believed to be backed by favored members of the Communist Party of China and possibly
I’ve said for years that bitcoin is a fraud, a Ponzi and a bubble all at the same time. I based this on analysis of price activity and certain other technical analyses and some anecdotal evidence. Critics have always demanded “proof” that bitcoin was a fraud with smoking-gun-type evidence. That was difficult at first because
By now, U.S. citizens have heard a lot about fake news from the likes of CNN, The Washington Post and The New York Times. Now comes a new source of fake news — China. As this article shows, the fake news from China is not about politics or scandals — it’s about the economy. New research shows that China
Russian gold buying in 2017 took Russia’s total gold reserve position to 1,778 tons, just slightly behind China’s official gold reserves of 1,842 tons. The U.S. had just over 8,000 tons. But considering the U.S. economy is eight times the size of Russia’s and the Chinese economy is four times as large, Russia is the
The new global currency war began in 2010 in the aftermath of the financial crisis of 2008 and a recession that lasted until 2009. The currency war was an attempt by the U.S. to steal growth from its trading partners by using a cheap dollar. The idea was that the U.S. economy was the largest
