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Posted by Martin April 21, 2018

Weekly results April 20, 2018

S&P 500  2,670.14 -22.99 (-0.85%)  Dow 30  24,462.94 -201.95 (-0.82%)  Nasdaq  7,146.13 -91.93 (-1.27%)   Markets were again struck by fear selling and media were coming up with tons of reasons why. At first, it was tech stocks such as AAPL driving the markets down, then semiconductors, later oil… all in one day. You could Continue reading →

Posted by Martin April 16, 2018

Syria not an issue anymore (hopefully), now let’s earnings move the market

S&P 500  2,677.84 +21.54 (+0.81%)  Dow 30  24,573.04 +212.90 (+0.87%)  Nasdaq  7,156.28 +49.63 (+0.70%)   Investors and traders were afraid of what the stock market would do over the weekend due to an air strike in Syria. Myself included. I too was worried about the reaction on Monday. But there was no impact. The air Continue reading →

Posted by Martin April 14, 2018

Weekly results April 14, 2018

S&P 500  2,656.30 -7.69 (-0.29%)  Dow 30  24,360.14 -122.91 (-0.50%)  Nasdaq  7,106.65 -33.60 (-0.47%)   The second week of April was better and provided a good recovery from the lows. We brought in a nice income offsetting previous week loss. Our net liquidation value is still down due to open trades consuming it, although it Continue reading →

Posted by Martin April 11, 2018

Stock market consolidating for the next move

S&P 500  2,642.19 -14.68 (-0.55%)  Dow 30  24,189.45 -218.55 (-0.90%)  Nasdaq  7,069.03 -25.27 (-0.36%)   The stock market went down today on a fear of the US going into an air strike against Syria. Trump tweeted about nice, new, and smart missiles coming to Syria and Russians if they keep supporting Syria. Again, Trump opened Continue reading →

Posted by Martin April 10, 2018

We had a decent rally, what’s next?

S&P 500  2,656.87 +43.71 (+1.67%)  Dow 30  24,408.00 +428.90 (+1.79%)  Nasdaq  7,094.30 +143.96 (+2.07%)   Market had a few days of relief rally. Is it going to be a bounce or is it going to continue higher? No one knows. Investors are rattled and panic on anything Trump does or does not. If it was Continue reading →

Posted by Martin April 09, 2018

Markets up then down again and probably up again tomorrow

S&P 500  2,613.16 +8.69 (+0.33%)  Dow 30  23,979.10 +46.34 (+0.19%)  Nasdaq  6,950.34 +35.23 (+0.51%)   We had an interesting trading day today. The markets eased up a bit after last week correction and renewed selling. The market rallied on no news but then, FBI raided Trump’s lawyer’s office and all ended again. All today’s gains Continue reading →

Posted by Martin April 07, 2018

Weekly results April 07, 2018

S&P 500  2,604.47 -58.37 (-2.19%)  Dow 30  23,932.76 -572.46 (-2.34%)  Nasdaq  6,915.11 -161.44 (-161.44)   Another sell off in the markets based on fears from Drumpf damaging economy of the US by escalating the trade war, job report, inflation fear. But we may be bottoming. Although if we really are, the road to recovery still Continue reading →

Posted by Martin April 05, 2018

Trump proving again he has no clue and he is mentally stuck in 1930

S&P 500  2,662.84 +18.15 (+0.69%)  Dow 30  24,505.22 +240.92 (+0.99%)  Nasdaq  7,076.55 +34.44 (+0.49%)   The market were finally on the path of recovery, the chart was clear, markets calm, shrugged the trade war, and going higher. Yesterday we saw dip buyers jumping in and buying cheap stocks recovering a market which was down 35 Continue reading →

Posted by Martin April 04, 2018

Stocks erased morning losses

S&P 500  2,644.69 +30.24 (+1.16%)  Dow 30  24,264.30 +230.94 (+0.96%)  Nasdaq  7,042.11 +100.83 (+1.45%)   Today, it definitely was a crazy market. A market I haven’t expected at all after China announced tariffs retaliation on the US goods worth $50 billion dollars. By the morning bell the futures were down more than 34% at S&P Continue reading →

Posted by Martin April 03, 2018

Reclaiming 200 DMA support

S&P 500  2,614.45 +32.57 (+1.26%)  Dow 30  24,033.36 +389.17 (+1.65%)  Nasdaq  6,941.28 +71.16 (+1.04%)   After a selloff on Monday the markets eased the rout a bit today. The whole day was calm and nothing much has been happening. The last trading hour the markets spiked up and reclaimed the 200 DMA support. It is Continue reading →