It’s great to be a global macro equity trader right now for a couple of reasons I’ll get to in just a second. But first, it’s not often there are widespread global macro strategies being employed by various market participants. Whether you know it or not, there’s a good chance your portfolio has a little […]
Since we’re on the topic of Chinese stocks, I wanted to bring attention to another one of my favorite Chinese high flyers, Sohu.com. This chart illustrates the rapid surge from mid-August that carried the stock for a 50% run in approx. seven weeks. The horizontal Fibonacci lines are projections made from the initial […]
I love scanning the headlines these days only to read all of the incredible pessimism pertaining to Chinese stocks. There are even backhanded references to 1998, after a dizzying run in Internet stocks had thrown all rationalists (aka EMT) into the holding tank where reality often goes into hiding. Although we have seen quite a […]
As the open source platform has shown us, by providing an open sharing of software code, we are in fact enhancing economic opportunities for the masses by taking away from the intellectual property value of the few
