MaR Dec 17 2020

Market Report for Dec 17 2020

To make money in stocks, you can't let yourself get scared out of them

Market Trend:
Up

Market YTD:
Nasdaq Composite +41.1% YTD
Russell 2000 +17.0% YTD
S&P 500 +14.6% YTD
Dow Jones Industrial Average +5.7% YTD

Market Volume:
NYSE Vol: 953 mln (A)
Nasdaq Vol: 4.5 bln (A)

New Positions:
FRC – swing

Growth Portfolio % of Return:
Stocks: +1782.32
FX & Comms: -5.25

PORT Dec 17 2020

Comments:
The Nasdaq Composite gained 0.50% followed by the S&P 500 which gained 0.18%. The Dow Jones Industrial Average (more…)

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MaR Dec 16 2020

Market Report for Dec 16 2020

Two factors needed for a successful outcome. Timing + Time in Trade

Market Trend:
Up

Market YTD:
Nasdaq Composite +40.4% YTD
Russell 2000 +17.5% YTD
S&P 500 +14.4% YTD
Dow Jones Industrial Average +5.8% YTD

Market Volume:
NYSE Vol: 923 mln (A)
Nasdaq Vol: 4.3 bln (A)

New Positions:
None

Growth Portfolio % of Return:
Stocks: +1742.31
FX & Comms: -5.25

PORT Dec 16 2020

Comments:
More than 1% move up across the major indices on Tuesday. As mentioned on the weekly webinars, do not count (more…)

Continue ReadingMaR Dec 16 2020

MaR Dec 15 2020

Market Report for Dec 15 2020

Most traders are often more willing to act based on little or no data than to use data that is a challenge to assemble and apply. Don't do what the majority do!

Market Trend:
Up

Market YTD:
Nasdaq Composite +38.6% YTD
Russell 2000 +14.7% YTD
S&P 500 +12.9% YTD
Dow Jones Industrial Average +4.6% YTD

Market Volume:
NYSE Vol: 1.0 bln (A)
Nasdaq Vol: 4.4 bln (A)

New Positions:
None

Growth Portfolio % of Return:
Stocks: +1681.76
FX & Comms: -5.25

PORT Dec 15 2020

Comments:
The Pfizer and BioNTech vaccines started to roll out in the U.S. but that was of no surprise to the (more…)

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MaR Dec 13 2020

Market Report for Dec 13 2020

 

Human behaviour accounts for price overreaction in both directions

Video length: 49 mins

Trade Zones:
WD

Market Trend:
Up

Market YTD:
Nasdaq Composite +38.0% YTD
Russell 2000 +14.6% YTD
S&P 500 +13.4% YTD
Dow Jones Industrial Average +5.3% YTD

Market Volume:
NYSE Vol: 909 mln
Nasdaq Vol: 4.2 bln

New Positions:
None

Growth Portfolio % of Return:
Stocks: +1695.39
FX & Comms: -5.25

PORT Dec 13 2020

Comments:
Noise might be on the agenda near term but we might get sight (more…)

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MaR Dec 11 2020

Market Report for Dec 11 2020

Most traders do the exact opposite of what they should. They look for short term gratification and panic sell on pullbacks

Market Trend:
Up

Market YTD:
Nasdaq Composite +38.3% YTD
Russell 2000 +15.2% YTD
S&P 500 +13.5% YTD
Dow Jones Industrial Average +5.1% YTD

Market Volume:
NYSE Vol: 966 mln (A)
Nasdaq Vol: 4.4 bln (A)

New Positions:
XPEV @44.49

Growth Portfolio % of Return:
Stocks: +1785.76
FX & Comms: -5.25

PORT Dec 11 2020

Comments:
Attention was on small-caps, energy stocks and of course ABNB which was up 112% from the original IPO value (more…)

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MaR Dec 10 2020

Market Report for Dec 10 2020

Trading pullbacks always look easy on a chart

Market Trend:
Up

Market YTD:
Nasdaq Composite +37.5% YTD
Russell 2000 +14.0% YTD
S&P 500 +13.7% YTD
Dow Jones Industrial Average +5.4% YTD

Market Volume:
NYSE Vol: 1.1 bln
Nasdaq Vol: 5.1 bn

New Positions:
None

Growth Portfolio % of Return:
Stocks: +1574.72
FX & Comms: -5.25

PORT Dec 10 2020

Comments:
Each of the major indices began at record highs on Wednesday but a decline led by Nasdaq Composite continued throughout the day. (more…)

Continue ReadingMaR Dec 10 2020

MaR Dec 09 2020

Market Report for Dec 09 2020

Emotional discipline = Trading success

Market Trend:
Up

Market YTD:
Nasdaq Composite +40.2% YTD
Russell 2000 +14.9% YTD
S&P 500 +14.6% YTD
Dow Jones Industrial Average +5.7% YTD

Market Volume:
NYSE Vol: 911 mln (B)
Nasdaq Vol: 4.7 bln (A)

New Positions:
ZG @116.17 (Swing)

Growth Portfolio % of Return:
Stocks: +1767.35
FX & Comms: -5.25

PORT Dec 09 2020

Comments:
News of vaccines and stimulus chatter gave Santa’s reindeer’s energy to turnaround pre-market weakness to end of day (more…)

Continue ReadingMaR Dec 09 2020

MaR Dec 08 2020

Market Report for Dec 08 2020

Learn the turn

Waiting for pullbacks in stocks you own or stocks you want to own is a good way to compound or enter.

Market Trend:
Up

Market YTD:
Nasdaq Composite +39.5% YTD
S&P 500 +14.3% YTD
Russell 2000 +13.4% YTD
Dow Jones Industrial Average +5.4% YTD

Market Volume:
NYSE Vol: 926 mln (A)
Nasdaq Vol: 4.7 bln (A)

New Positions:
None

Portfolio % of Return:
Stocks: +1712.13
FX & Comms: -5.25

PORT Dec 08 2020

Comments: (more…)

Continue ReadingMaR Dec 08 2020

MaR Dec 06 2020

Market Report for Dec 06 2020

Video length: 52 mins

Don't chase trades. Let price make a return to enter with reduced risk

Trade Zones:
IMVT

Market Trend:
Up

Market YTD:
Nasdaq Composite +38.9% YTD
S&P 500 +14.5% YTD
Russell 2000 +13.4% YTD
Dow Jones Industrial Average +5.9% YTD

Market Volume:
NYSE Vol: 975 mln (A)
Nasdaq Vol: 5 bln (A)

New Positions:
SNOW @297.88

Portfolio % of Return:
Stocks: +1542.12
FX & Comms: -5.6

PORT Dec 06 2020

Comments:
The market is still suggesting bullishness long term but watch for possible (more…)

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MaR Dec 04 2020

Market Report for Dec 04 2020

Buying when others are selling and to sell when others are buying requires a lot of fortitude but pays the greatest of dividends

Market Trend:
Up

Market YTD:
Nasdaq Composite +37.9% YTD
S&P 500 +13.5% YTD
Russell 2000 +10.8% YTD
Dow Jones Industrial Average +5.0% YTD

Market Volume:
NYSE Vol: 980 mln (A)
Nasdaq Vol: 5.1 bln (A)

New Positions:
SNOW @297.88

Portfolio % of Return:
Stocks: +1460.51
FX & Comms: -5.6

PORT Dec 04 2020

Comments:
The major averages gave up some of their gains late in the session on disappointing COVID vaccine news from Pfizer (more…)

Continue ReadingMaR Dec 04 2020

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