When you hear traders talk about the Greeks, they don't mean Plato or Socrates.
They're talking about the series of calculations that are used to determine the value of options. The calculations are designated by various letters of the Greek alphabet, from which they get their name.
On our agenda today is ...read more
Why the Aussie Dollar Is My Favorite Currency
Jul 14th, 2009 | By Bill Jenkins | Category: Featured, Forex
Currencies, because they are fiat by nature, are political things. While it is the fundamentals that drive them, one of the overarching problems in our market is the absence of reliable fundamental data. It is hard to debate against the fact that governments manipulate what is released.
But some things provide ...read more
GM Bites the Bullet… Will the Dollar Follow?
Jun 11th, 2009 | By Bill Jenkins | Category: Featured, Forex
The company that epitomized American strength has gone the way of bankruptcy protection. I just can't help but think that General Motors’ problems are nearly mirror images of the U.S. economy as a whole. Overpriced workforce, inferior products, lack of competition, slow response to necessary changes...
'Tis all rather foreboding...
Of course, ...read more
FOREX Update: The Dollar and the Importance of TIC Flows
May 20th, 2009 | By Bill Jenkins | Category: Featured, Forex
I’ve said it before: the dollar's chances of long-term success going forward are slim and none... and slim just left town.
Consider the Treasury International Capital (TIC) flow data. TIC measures foreign investment in the United States. This is important because we rely on foreign investors and sovereign governments to continue ...read more
What Happens When You Have More Month Left Over at the End of Your Money?
May 14th, 2009 | By Bill Jenkins | Category: Featured, Investing Strategies
This is a humorous and popular question from late night infomercials. Or it used to be, when I watched them years ago while tending to sleepless babies. But for those who experience it as a regular occurrence, it is anything but glib or funny.
Since the first of the year, we ...read more
The Truth About Forex Trading
Apr 30th, 2009 | By Bill Jenkins | Category: Featured, Investing Strategies, Macroeconomics
In the world of Forex trading, volatility equals big profits.
Forex, (which is shorthand for Foreign Exchange) is the largest market in the world. With 3 Trillion dollars in money exchanging hands every day, a trader only has to catch a tiny percentage of that to parlay a small nest egg ...read more

