Thursday, April 15
OK, I've completed the very difficult task of choosing the winner of the Miss USA contest, and she is... Tia Shorts.
Posted at 12:11 PM, GMT
Dave Landis writes that day traders are back. My favorite line:
"Day traders seem to perform best when stock prices are rising sharply."
Posted at 10:39 AM, GMT
Everyone and his grandma has been watching this so-called head and shoulders top forming in the British Pound. The trouble with charts is that any nitwit can interpret them -- indeed many nitwits attempt to charge money for their "chart-based actionable insights." In a stunning defeat for the greater-fool theory, no one subscribes to these ding-dongs.
British Pound, Daily Chart
Posted at 9:09 AM, GMT
Latecomers to the IPIX party get trapped and have to scramble for the exits en masse. Beautiful short side entry points for Dummies.
IPIX, 30 min. Chart
Posted at 8:42 AM, GMT
Matthew Lynn writes about London's property market.
"... London is now one of the most popular tax havens. Under British law, foreigners can be taxed only on their U.K., rather than worldwide, income. So foreign billionaires can live in Britain and pay only tens of thousands, instead of tens of millions, a year in income tax. No other big nation is so generous."
Posted at 7:56 AM, GMT
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