2012 / 2013 views have changed.

If you have been getting my weekly updates in 2012, you know some of my macro views have changed (eg.  gold outlook for 2012, published in 2011).  You will also know that my 2011 call of  No  QE3  in  first 3 quarters of  2012  is one of the biggest macro predictions that i made in 2011.  I am providing this update, since some of my friends  expressed  interest, recently, in looking at my  past record.

Wishing you the best in your trading  - sam.

Goodbye 2011

We are starting 2012 on a postive note, and i have spent a good chunk of my holidays into further research on the potential of  2012.  I covered numerous topics including  fundamental  valuation of  s&p 500, institutional expectations, potential risk factors including bank and soverign debt levels, etc.  I hope to put all this together as an article for next weekend.  Meanwhile, here is a chart covering my forecasts during 2011.   We can be happy,  when we consider that big hedge fund managers like John Paulson  lost over 50%  of  their portfolio.  spx itself has gone nowhere during 2011, but the high volatility is a godsend for  traders, and offered tremendous returns for the smart trader.

I wish all my readers a successful  trading year ahead, in 2012.