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Archive for 2018

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

Worst Tariffs Ever. Smoot-Hawley Tariff History And Why Tariffs Will Not Work.

Trump proposes tariffs… Trump’s supporters support it… all without thinking and both ignoring consequences. Trump and his supporters think that trade wars are easy, long overdue and that they can be easily won. They cannot. All involved will lose. And all will lose big.     Learn how the Smoot-Hawley tariff act of 1930 helped 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 →

Posted by Martin April 02, 2018

Rout Today, Rally Tomorrow, Rout Next Day, And So On

S&P 500  2,581.88 -58.99 (-2.23%)  Dow 30  23,644.19 -458.92 (-1.90%)  Nasdaq  6,870.12 -193.33 (-2.74%)   Another rout in the markets today. The markets lost 88 points during the day, so it was quite encouraging to see that it recovered by the end of the day and we only lost 59 points. That means, that so Continue reading →

Posted by Martin March 31, 2018

March 2018 trading, investing, results

February was bad. Unfortunately, March on Wall Street wasn’t any better. The slump in stocks continued and S&P 500 continue sliding down. The first week of March looked promising. The markets went up and it all looked that we are finally on the path of recovery. Then Trump announced his tariffs shame aimed against China Continue reading →

Posted by Martin March 29, 2018

Off Coloring Easter Eggs

S&P 500  2640.00 +35.87 (+1.38%)  Dow 30  24103.11 +254.69 (+1.07%)  Nasdaq  7063.44 +114.22 (+1.64%)   As one trader put it today – “the markets would go higher today as traders are off coloring the eggs…” So, the markets went up today… tomorrow, we are closed for Easter and on Monday we will see what’s going Continue reading →