Entries by Aldrin Gonzales

It’s Over

French elections are over. The Populist hydra has been slain (for now) and the world has taken a step back from a repeat of pre-WW2 political turmoil. Center globalist Macron bulldozed the “French Trump”, winning 66.1% of the vote. Macron did very well among the rich and educated white collar demographic. Le Pen on the […]

Europe’s Big Test

A large impetus to the next thrust higher in European equities will be the final round of French elections this Sunday. We’ve covered the rise of populism and how it affects markets for some time now…   If Macron should win Sunday, as we expect, the populist threat will likely recede for the time being. […]


Liquidity: The Most Important Fundamental

I’m sure you’ve heard analysts, financial pundits, and other babbling heads yabber on and on about how these markets don’t reflect the “fundamentals”. They’ve ranted non-stop about how the fundamentals prove that a bear market is around the corner. They’ve raved about valuations being stretched and how stocks will collapse any day now… If you’ve […]

Profiting From French Election Volatility

Attempting to predict the outcome of an election is a fool’s errand — we don’t bother with it. But that doesn’t mean we can’t make money off the vote… Over the last few weeks we’ve discussed the reasons for the rise of populism and how it’s impacted the false trend in European equities. We explained […]

Donald Trump: The Embodiment Of Trading Greatness

Paul Tudor Jones, Bruce Kovner, Jesse Livermore… forget about em. The only name you need to know when it comes to trading greatness is Donald Trump. He’s everything a trader should aspire to be. When it comes to having “strong opinions, weakly held”, Trump has EXTREMELY strong opinions, EXTREMELY weakly held. At the beginning of […]

Trading A Le Pen Win In The French Elections

Success in the markets requires thinking in possibilities. A great trader understands the permanent information deficit he’s faced with and why it makes market prediction impossible. All he can do is plan for a range of reasonable outcomes and adjust his strategy as new information presents itself.   In the latest issue of our Macro […]


Traders As Modern Day Hunter-Gatherers

Entering the market is like entering an entirely different world. This world functions nothing like modern society. Modern society has laws and social norms in place to protect you. If you screw up, you have a safety net. People will generally reach out and help. Modern society is cushy. Even people who are disabled, suffering […]