Posted by Martin March 19, 2018

Nice selloff today! I missed it!!

Today we saw another fairly large sell off. If we measure it by 2017 market standards of doing pretty much nothing but going up.         Today’s decline was just a technical pullback led by a previously overbought tech sector. S&P 500 still making higher highs and higher lows.   Potential trade war Continue reading →

Posted by Martin March 18, 2018

Weekly Results – Mar 16, 2018

Last week was down. The markets were losing ground the whole week except on Friday we regained a little bit of support and relieve. With Trump shooting himself into a foot, do not expect much better market performance next week. Here are the last week’s results to review.

Posted by Martin March 14, 2018

Market weak but still on path higher

The market was weak today again. Spooked investors afraid of Trump’s trade war, slowing economy, technicals lagging, retails lagging, inventory too high, supplies too low, dollar too weak, yen too strong, infrastructure this, cash flow that, debt too high, oil higher today but lower tomorrow, and who knows what else which will be totally unimportant Continue reading →

Posted by Martin March 12, 2018

Why you are wrong celebrating 10 years anniversary of this bull market

I have seen media saying that this is the longest bull market in history. I have seen people predicting the end of this bull market in 2017 and now in 2018. Some people were predicting this bull market to end in 2013, 2014, 2015, and 2016. Others were predicting the collapse since 2009. To answer Continue reading →

Posted by Martin March 10, 2018

Weekly Results – Mar 09, 2018

I like volatility! Yes, you can make a lot of money if you trade carefully, have enough money to navigate through trades which turn bad (the worst thing which can happen to you is not having enough cash and get a margin call) and trade. No pain (risk), no gain. March was so far the Continue reading →

Posted by Martin March 08, 2018

A big humbug for nothing

Today, Trump announced his new steel and aluminum tariffs policy. And all I heard people saying was that he imposed tariffs on countries from which the US doesn’t trade steel nor aluminum, all others will be exempt or can apply for exemption. Or he imposed tariffs on everyone and them exempted everyone. But markets liked Continue reading →

Posted by Martin March 07, 2018

Stock market rebounded after large futures selloff in the morning

Another nice and interesting ride today in the stock market. After resignation of Gary Cohn from Trump’s administration which was announced yesterday at 5:30 ET the futures at S&P and Dow dropped 32.25 points and 400 points respectively. S&P 500 was losing 1.41% and all our trades looked very gloomy. Although I kept saying to Continue reading →

Posted by Martin March 06, 2018

Cohn resigned futures crapped

Once confident investors pushing this market higher are now spooked by anything and everything. Trump once boasted about the stock market, talking heads were praising him, investors had bright future in front of them and the bull was unstoppable. It all changed suddenly on a dime. They are now all spooked by the same man Continue reading →

Posted by Martin March 05, 2018

Fear is gone, or is it?

Trump’s tariffs were an overreaction, probably better to say an excuse for selling. Today, Trump and his administration eased up on their rhetoric and conditioned any tariffs upon renegotiating NAFTA treaty which caused the market rally hard again. Will this last or are we going to find some other reason for getting the market slammed Continue reading →

Posted by Martin March 02, 2018

February 2018 trading, investing, results

February is over and it was a very wild month. Very volatile, dramatic, and to some scary month. At the beginning of the month the market corrected more than 10%, then we recovered some but Powell first then Trump with his tariffs sank the markets again. No matter how scary these moves are, I actually Continue reading →