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Archive for 2015

April 2015 trading, investing and dividends results

April 2015 is over and I am going back to reporting my results. I wasn’t much consistent in reporting in the past as many times I either didn’t have time or was lazy to write a report. I am still looking for the best way to report my results but keep it simple since at Continue reading →

$SPX market expectation for May 1st 2015

Today we saw a big sell off on Wall Street. Media say it was because of bad economic reports we saw recently from big companies. Who knows what caused this crash, but the reality is that we are now oversold. I do not expect much from this market as we again failed to move higher Continue reading →

$SPX once again fails to break the resistance. Another fall down is likely, read why!

Last week the market broke the descending resistance (the top of the falling triangle) which gave hope to many investors turning bullish. I myself was also fooled by this market (again) into believing that we finally see a break out. Friday’s trading moved the markets into the new all-time-highs and I decided to reverse my Continue reading →

Posted by Martin April 20, 2015

Where is $SPX heading next? I expect down and here is why.

I was wrong many times in predicting the direction of this market. For about five months the market headed nowhere. We are range bound between 2000 and 2100 level with a few over shots which are immediately sold off. Although the overall long term bullish trend is intact, we are undergoing either a huge consolidation Continue reading →

Posted by Martin April 20, 2015

Legacy Reserves (LGCY) cuts dividend

Legacy reserves cuts its quarterly dividend today to 0.35 down from 0.61 cents. The company originally planned to sustain the dividend as it did in 2008, however, at the end of the day they gave up and reduced the dividend. However, it is apparent that the market expected this cut months ago and already priced Continue reading →

Posted by Martin April 15, 2015

Kinder Morgan (KMI) increases its dividend

Currently, this cutie (KMI) is paying 1.8 bucks per share annually. That translates it into nice income of 4.30% on invested dollar. Where else can you get such nice interest? No bank would pay you this. Not even bonds (they actually pay a negative interest). So unless you start your own consumer credit loans business Continue reading →

Posted by Martin April 13, 2015

$SPX selling today didn’t change my bullish outlook

I thought that today’s selling would mark an end to the bullish trend making it yet another sold off attempt of new highs. But when I looked at the chart later at the end of the trading session to my surprise it didn’t change the bullish trend at all and we are still in an Continue reading →

Posted by Martin April 13, 2015

$SPX selling another rally attempt today!

$SPX more and more the market tries new highs it is sold off – distribution phase. Big boys selling off to retails. Bearish

Posted by Martin April 12, 2015

Is $SPX finally going higher or is more volatility coming?

Last couple of months it was really difficult to say what the market wants to do. It went up a few days, then reversed and fell hard next few days just to reverse again. Trading in this environment was extremely difficult for me. But at least it was a great opportunity for me to look Continue reading →