May 2015 Review, June Preview

I did it! I finally did it after 23 years … I went on my second honeymoon! I won’t bore you with the details but those who want to read about what it meant to me can catch up with it by clicking the picture below.

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Along with the usual sights and cuisine, this trip meant so much more not only because it was my second honeymoon but also because I visited Waterloo exactly a month before its 200th anniversary …

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… stood where blood stained the ground at Flanders Fields, Ypres, Passchendaele and where LTC John McCrae wrote his famous poemI got to visit Patton … and paid my respects to the 101stPIR at Bastogne.

I am finally living my dream of visiting all these amazing historical sites. It is truly awesome to be where all the action went down and realise how much sacrifice was made to give us the life we have today. I am so blessed to be able to do this and honoured to pay my respects to the many who laid down their lives for us.

Just to give you an idea of the many live that were lost, here’s a superb animated video of the numbers that made up the losses in WWII in both theatres of war …

Last year, it was Normandy on its 70th anniversary. This year was Belgium. Next stop, the Pacific.

TUTORIAL MATTERS

On May 8, PTT77 got their final session of their nine-week Tutorial. It was a small batch but what they lacked in numbers, they made up in enthusiasm and energy.

PTT77

After five gruelling sessions, the weekend batch of PTT78 finished their Tutorial on 29 May. This eager batch of traders really stretched my stamina, endurance and knowledge but it was all worth it and gratifying.

PTT78

I want to wish each and every graduate all the best and much prosperity in the months and years to come. Welcome to our community! This is going to be a long and arduous journey but you are not alone in this. Happy Hunting!

MARKET MATTERS

US GDP falls into negative, Consumer sentiment falls to 6 month low, corporate profits drop to 2008 levels and Greece continues to bother

And still the Doves stay resiliently firm on buying.

But what really scares me is the major divergence between the major indices and the Transports. While the S&P, NASDAQ and DOW have been (barely) in positive territory since mid-February, the Transports have been negative all year.

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Its a simple fact – if the transports are weak, its only because the economy has slowed and there’s hardly anything to move anymore. You can’t have a healthy economy if your trucks, trains, freighters and planes aren’t busy.

June Preview

June is the last month of Quarter Two and is a rather bearish month. Traditionally, this is more so if May had sold off. June 2015 has 22 trading sessions. There are no public or trading holidays in June.

June Trivia

Commodities

SUMMARY

Things are really getting hot … and I am not just referring to the weather … and its looking like it will get worse. With bubbles all over the place – equities, properties, consumer prices, etc – it won’t take a lot to bring it all down like a house of cards.

Whatever happens, I am not going to discount the improbable.

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