There are two schools of thought about how Mr market behaves. Efficient and Not Efficient market theory, simply. I surely don’t belong to Efficient Market Theory (EMA) school. I believe that markets are irrational time to time and can remain so sometime even for long periods.
Let me share with you a very recent example. CME [...]

Thank you dear subscribers. I am touched by all your feedback and many thanks for taking time and writing few (in fact a lot) of words about OPNewsletter. Read here for the earlier customer feedback, and here is the 2nd part. I shall be publishing next part later. One of the common concern among most [...]

Here is one post that I had originally published in October before Fed aggressively started its journey of cutting interest rates. Since then “China” stocks have plummeted big time and gold is nearly +30% since then. Even if you read this post earlier, you may want to re-read it to develop your own perspective in [...]

As of this writing Bear Stearns (BSC) was down 40% and it also took the whole market on a south trip with it to celebrate “significantly deteriorated liquidity”. These are the same guys who have been relentlessly denying any liquidity crunch for past several days.
We have tried to confront and dispel these rumors and parse [...]

As of this writing, US stock market futures are heavily lower. Dow futures are down over 150points, S&P down nearly 20points while Gold futures are nearly up +$10. Interesting times ahead. This is what I wrote just yesterday:
I am not convinced with the current rally yet but who am I to argue with Mr Market. [...]