Posted by Martin December 12, 2011

Even the EU leaders admitted they were surprised of the rally

Yesterday I have read an article in The Guardian that even the EU leaders were surprised of the Friday rally: “We were quite surprised that the markets reacted as well as they did on Friday,” EU officials said on Sunday. “We thought they would really tank and there’s still this legal uncertainty hanging over the Continue reading →

Posted by Martin December 09, 2011

Europa: once again an important “nothing” came out

Here we go again. How many times have we heard the same proclamations out of the European leaders summits? Investors are hoping for leaders to give them a solution and they take every word those politicians say very seriously and – overreact. So what we have heard so far? Nothing actually. Every day we hear Continue reading →

Posted by Martin December 09, 2011

Market rallies on utopia

Last night, the European leaders tentatively agreed on national budgets controlled by Brussels. I cannot imagine Greeks, British, Spain, Czech Republic, Slovakia or other European countries with historical animosity towards Germany and each other allowing anyone telling them what they should do with their national budgets. Also, the agreement counts on lowering the deficits of Continue reading →

Posted by Martin December 08, 2011

SPX turning down

Interesting market these days. I couldn’t believe what I saw. Using common sense everybody could see that this rally is not sustainable, yet the market was rallying. Maybe it is due to a fact, that vast majority of mutual fund managers are under-invested, they missed this rally and they are terribly under-performing. Scared they may Continue reading →

Posted by Martin November 30, 2011

Be aware of next bubble to burst

There are many many news media out there excitedly creeping around “finally solved” or “European hopes” bushes (read: news). The news media such as Yahoo or CNN Money are among them. Almost worthless to read it! However, you can find commentaries out there that are not that optimistic and that are providing with more realistic, Continue reading →

Posted by Martin November 30, 2011

How are you positioned in this market?

Today the central banks claimed their will to allow unlimited access to dollars for whoever needs them. Don’t be too excited. It will not be you or me who can ask for the new printed money. It will be given to those who spent them recklessly and now need a bailout. How often have we Continue reading →

Posted by Martin November 29, 2011

Where is the market going? A bounce or a new trend?

Today morning I opened SPY calls position thinking the market is going for something big, maybe a reversal and better performance. When you check MACD, you can see a divergence of the current trend and the indicator. That may be a sign that this downtrend is weakening. And that was my initial reason for going Continue reading →

Posted by Martin November 23, 2011

Germany is seeing debt crisis problems

On Wednesday Germany offered a new set of 10-year bonds on Wednesday’s auction for about 6 billion Eur. Due to lack of interest from investors, almost 3/4 of of the offer wasn’t sold. One reason could be the upcoming holiday here in the US so the volume was low overall. However as Reuters mentioned this Continue reading →

Posted by Martin November 17, 2011

PG trade adjustment, SPY & POT puts new trade

PG trade adjustment, SPY & POT puts new trade

I am trying to trade longer term options trades. One of the trade I opened recently was long (April 2012) puts on Procter & Gamble (PG). Now I want to be opening short term trades against this trade to produce income. Same thing I am doing with my SLV long term holding and the same Continue reading →

Posted by Martin November 11, 2011

Consolidating market in Rally atempt

Today the market jumped up forming a triangle consolidation pattern after nice rally. We bounced off of the lows in October and had very wild and extended rally. Although I didn’t believe in this rally due to fundamental underlying data, this consolidation may change everything and we are truly forming a new bull trend. Every Continue reading →