Posted by Martin
March 27, 2019
Market now down 30 points (-0.95%). Same old song. Media tell us that it was because of global growth worries. But that has been known issue for about a year now. What we are seeing in my opinion is a simple consolidation process. We rallied hard from December 2018 lows. Impressive rally! But there was Continue reading →
Posted by Martin
March 25, 2019
I think, today’s market performance was somewhat promising. Of course, it may be all over tomorrow but given the Friday’s sudden economic growth worries causing the market dropping 1.8% would be propagating into today’s trading. Or are investors no longer worried? Or are the worries actually a BS? Of course, we do not know answers Continue reading →
Posted by Martin
March 05, 2019
The market seems to have a lack of strength (not enough buyers) at 2800 level to break and move higher. Fortunately, bears do not have enough power to push the market lower either. You can see that, so far, every selloff has been bought up; but this strength seems to be weakening every day. Unfortunately, Continue reading →
Posted by Martin
February 02, 2019
S&P 500 2,706.53 +199.68 (+7.96%) Dow 30 25,063.89 +1,736.43 (+7.44%) Nasdaq 7,263.87 +628.59 (+9.47%) I just finished reporting December 2018 and we are again at the end of another month. True, I reported December late. January started off slow, but ended up well. Our accounts are up and recovering from last year slaughter. But Continue reading →
Posted by Martin
January 27, 2019
S&P 500 2,506.85 -253.32(-9.18) Dow 30 23,327.46 -2,211(-8.66%) Nasdaq 6,635.28 -695.26(-9.48%) December 2018 passed and it is time to once again provide a report on our trading and investing. The month turned to be the worst month ever. Historically, December was a good month with modest gains but this year, the markets lost almost Continue reading →
Posted by Martin
January 10, 2019
Joining a number of other drugmakers this month, Johnson & Johnson (NYSE:JNJ) raised prices on about two dozen prescription drugs today, including top sellers Stelara (for psoriasis), Zytiga (for prostate cancer) and blood thinner Xarelto. Most increases were in the 6-7% range, Reuters notes. The company says average list price increase on its drugs will Continue reading →
Posted by Martin
January 02, 2019
Recently, well, in 2018, I started using hedges for my credit spreads. I wasn’t using hedging much in the past because I wasn’t sure how to use them properly and how to manage them. So I avoided them. Thus 2018 year was somewhat revolutionary to my trading as I learned using them. So the old Continue reading →
Posted by Martin
January 01, 2019
2018 year turned out to be volatile and as I expected all our accounts saw a quite large draw down. But I am not grumpy about it nor regret anything I have done and the way I traded, except on my TD account. I now regret closing bad trades in January 2018 and collecting Continue reading →
Posted by Martin
December 22, 2018
Posted by Martin
December 20, 2018
This year will end badly in all our accounts. But it is just a matter of a perspective. I do not feel bad or regrettable. I am actually enlighten about performance and ability to manage the trades in our portfolios despite losses of their values. · What am I looking at then? Continue reading →
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