I am calling it a Lazarus rally because each time it should end it rises up again. But sooner or later it will eventually run out of steam and the next big down leg will start.  We are coming up on the anniversary of last years crash which could cause a bit of nervousness in [...]

The rally which has gone on since the middle of July has got well ahead of the “recovery” such as it is.  I am sure it has sucked in many small investors, who having lost money in the crash last September-October, have re-entered the market, not wanting to miss the boat.  Now I fear they [...]

It has been over a week since my last post and the market has continued up thanks to a boost on Friday.  I happened to be watching the market on Friday when the US reports were released.  In seconds the FTSE went from minus 30 (it had been at minus 56 a little while earlier) [...]