What I expected on Friday came on Monday. A significant bounce. But will this turn into a recovery or is it a dead cat bounce for further selloff? I do not know and cannot predict. However, given the markets erratic behavior and fast reactions this may turn into a recovery. We did a few trades Continue reading →

Have you noticed that these days when markets are tumbling our cheerleader-in-chief is suddenly missing? When the markets were rising breaking all time high records, Trump was tweeting every week boasting about the markets. Today, silence. Our accounts took a hit when our market value dropped by $21,000 dollars which represents 16% overall draw-down. But Continue reading →

FED raised rates today and signaled more to come (although as not as many as spooked investors feared) and nothing happened. The world didn’t end, sky didn’t fall, the Universe didn’t collapse, and spooky investors can finally move on and fear something else. Today, I again was busy with other stuff and couldn’t do trading. Continue reading →

As posted earlier I identified a support at 2700 level (or around) and today, the market held that level although the trend was gloomy. I expected more turmoil in regards to FED (which is still coming on us) and Trump’s tariffs (this still can come back and spook the investors who already crapped their pants Continue reading →

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 →

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.

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 →