Daan Joubert

Daan Joubert Articles

October has come to an end…and it has not experienced the kind of event for which the month had become well-known, if not quite famous, over the decades. Stocks did have their ups and downs during the month, but the latter was infrequent...
As hinted at here since the DJIA held at and started to bounce off 16000, recovery to 18000 must have a very high priority as a signal for the man on the street that the US economy is really healthy. Thursday and Friday saw a substantial...
During the 1996-2000 bear market in gold, two mechanisms were used to force the price lower - the gold ‘carry trade’ using gold leased from central banks and, when the price showed strength, actual sales of gold by Great Britain and...
For the past four years the main trends in the major markets were fixed as if running on rails. Wall Street was bullish, with rapid recoveries after any brief sell-off; gold and silver was bearish, with every rally soon capped and reversed...
The Non-Farm Payrolls number, announced on the first Friday of a new month, is reported to be the most watched official economic statistic in the US. On Friday, the expectation from economists was for a number just in excess of 200 000.
In the cartoons of my time, a steam pot that was going to blow showed clear signs of the impending explosion – the steam puffs coming out, the shaking and rattling and the circumference increasing. Much the same signs can be seen in the...
There are quite a number of ‘standard’ chart patterns that have been recognised as such since the early years of Technical Analysis -- and there are probably no TA practitioners who do not accept their existence and with near consensus on...
Last week the theme was that – just like a pressure cooker with the relief valve tied down – mounting pressure in the markets were closing up to the red line where an explosion becomes imminent. While it is impossible to name the exact day...
A long time ago a friend need help cleaning a kitchen after a pressure cooker had exploded. Apart from a large hole in the ceiling and some broken things all over, it was necessary to clean practically every square inch of every surface,...
Or is it perhaps that most markets, almost certainly facing major reversals in trend are trying to remain as steady as possible in the highly uncertain situation. This has meant the fire and flames analogy of recent weeks has broken down,...

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