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I was a profitable trader for many years and have trained many successful ( and not so successful) traders. I found the recent research about what goes on inside a trader's brain interesting — but not quite right. The findings suggest that successful

Opinion: Equities have been overvalued for some time, six gauges show U.S. stocks are overvalued — and have been for months. That is what six well-known measures of valuation show. While that doesn’t mean a bear market is imminent, there is a high

James Bullard, president of the Federal Reserve Bank of St. Louis, said the U.S. economy is improving enough to withstand an increase in short-term interest rates next year as growth picks up. “I’m starting to think the economy could tolerate at

The European Central Bank's new measures to boost growth and the inflation rate across the euro zone seem to have inspired little fresh optimism among businesses and households about the single-currency area's economic prospects. A European

Memo: From Nick Hanauer To: My Fellow Zillionaires You probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of industries—from

Britain's newspapers warned Saturday the country had edged closer to leaving the EU after Prime Minister David Cameron's "crushing" failure to block Jean-Claude Juncker becoming president of the European Commission. But they were divided on whether

The greatest problem we have is misinformation. People simply do not comprehend why and how the economic policies of the post-war era are imploding. This whole agenda of socialism has sold a Utopian idea that the State is there for the people yet it

A close friend of mine and a business partner has a one-liner that popped out once upon a time in a meeting. These days we all love to remind him of it and laugh about the whole thing. The quote is “ Seriously guys, there is no risk ” as we discussed

Update: just as expected, the confidence-preservation brigade is quick on the scene: HUNGARY LOAN-REFUND LAW VIOLATES RULE OF LAW: BANK ASSOCIATION HUNGARY LOAN-REFUND LAW DAMAGES INVESTOR CONFIDENCE, BANKS SAY Because clearly marking loans to fair

Thomson Reuters Corp. (TRI) said it is revising the trading rules for its foreign-exchange platform after consulting with market participants. The company is updating its Rule Book following discussions over the past 12 months and will outline new

The Institute for Supply Management reports on U.S. manufacturing production, orders and other activity in June. The ISM, a trade group of purchasing managers, will release its manufacturing index Tuesday at 10 a.m. Eastern time. STEADY GAINS

UK Construction PMI (Jun): 62.6 actual vs 59.8 estimated; 60.0 prior

Well, the “high” surrounding pot-related stocks is clearly a thing of the past. This just goes to show how these story stocks can get creamed -- and, let’s face it, do you really want to entrust your investment dollars to potheads? In any case, the

This weekend has seen the European Union do a stitch-up deal so that arch-federalist Jean-Claude Juncker became Commission president. To be honest, who gets to play eurocrat in chief is of no great interest to me, but the manner of the appointment

While numerous massively indebted administrations around the world hope to divert the attention of what's left of their struggling middle class away from its daily impoverished existence and distract it with flashing lights and glitzy animations

For a week or two, the 'news' appeared to confirm the 'hope' ; faith that Q1's dysphoria would emerge phoenix-like into Q2 euphoria as a 'hibernating' American public emerging from their weather-shelter and spent-spent-spent all their

It’s summertime, and the tradin’ is easy. After the Federal Reserve suggested on Wednesday that rates would remain close to the zero bound for a “considerable time“, investors are in a state of bliss. Implied volatilities are sitting at exceptionally

The Status Quo is not sustainable. Here are some resources on the many reasons why. Coming to the understanding that the Status Quo is not sustainable is often a crooked path of overcoming programming, propaganda, denial and fear. My colleagues at

"After several weeks, Gold is setting up for a sell, US Treasuries are set to resume their bear trend, and the USD is set to resume its bull trend. Get ready..." is the ominous warning BofAML's Macneil Curry sets forth in his technical treatise this

Have you noticed that prices are going up rapidly? If so, you are certainly not alone. But Federal Reserve chair Janet Yellen, the Obama administration and the mainstream media would have us believe that inflation is completely under control and