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Archive for November, 2021

Posted by Martin November 30, 2021

Idiots returned to the market, rejoice and buy

And here we have it again. Hysteria renewed, or hysteria v2.0, whatever you name it. Despite cases of the new Omicron variant declining in South Africa hysterics returned to the markets selling everything. Powell didn’t help either this time as he said tapering may start sooner than expected. But don’t worry, his words were to Continue reading →

Posted by Martin November 28, 2021

“The new Omicron variant of the Coronavirus results in MILD disease, WITHOUT prominent symptoms”

“This mutation is unlikely to be more malicious and that the existing vaccines will most likely continue to be effective in preventing hospitalizations and deaths” and as a result, while Goldman “would monitor the situation in Gauteng closely over the next month, we do not think that the new variant is sufficient reason to make Continue reading →

Posted by Martin November 27, 2021

2021 Week 47 investing and trading report

Wow, the end of the month got pretty wacky! We have received news about a new Covid variant and “although experts do not know yet if it will cause more or less severe COVID-19 compared to other strains” investors already started shooting themselves, jumping out of the windows, and selling their wives and kids off. Continue reading →

Posted by Martin November 26, 2021

Adding HFEA strategy to our account

If you are reading our weekly investing and trading reports, you know that we started trading SSO and SPXL leveraged ETFs to our portfolio. The reason for that was that we wanted to outperform the SPY better than just trading single stocks or indexes. We wanted more aggressive growth in our portfolio. The leveraged ETFs Continue reading →

Posted by Martin November 26, 2021

Covid new variant and market panic

Earlier this week, scientists discovered a new Covid variant that spooked the markets and S&P 500 sold off by 2.7% (down -126.61) and DJI was down -905.04.   Everyone panics that this would cause a new travel ban, new restrictions, and new lockdowns. Yet the scientists admit that they do not know about the new Continue reading →

Posted by Martin November 26, 2021

Troubles with hosting

Recently I have experienced issues with our hosting and plan on transferring the blog to a new host. The website is now semi-working. If you need help or have questions, please, contact us.

Posted by Martin November 25, 2021

Futures Crashing on Thursday Evening Amid Sudden Fears Over “Dramatically” New Covid Strain

Here we go again. While the US traders are digesting their turkeys with gravy and mashed potatoes the rest of the world is freaking out and algos are hitting bids, amid fears that a new coronavirus strain detected in South Africa, known as B.1.1529, reportedly carries an “extremely high number” of mutations and is “clearly Continue reading →

Posted by Martin November 21, 2021

2021 Week 46 investing and trading report

November is almost over and I am disappointed so far. Our net-liq dropped last week, our stock holdings were shaken down a bit (mostly by my mistake with APPL strangle that I forgot to roll), our options income was low so far. The only item that was in line with plans was dividends. This investing Continue reading →

Posted by Martin November 13, 2021

2021 Week 45 investing and trading report

As you will be able to see in today’s investing and trading report, November is moving forward slowly. Our net-liq has added only a hundred dollars and our options income is small too. Our dividend income jumped nicely but it is still small too. We are fully invested and there is little we can do Continue reading →

Posted by Martin November 09, 2021

Tesla (TSLA) dropped 12%, what’s next?

Today, Tesla (TSLA) dropped 12% in a sharp and swift selloff that was a continuation from Monday selling. On Monday, TSLA tried to recover, but more bad news came today, and the carnage was brutal. But it was not something I was not expecting.   Last weekend I wrote to my newsletter subscribers: Many bears Continue reading →