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

Continue Reading MaR Dec 13 2020

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

Continue Reading MaR Dec 11 2020

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.

Continue Reading MaR 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

Continue Reading MaR 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:

Continue Reading MaR 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

Continue Reading MaR Dec 06 2020

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

Continue Reading MaR Dec 04 2020

Cancelling COVID

Healthcare will continue to be on interest to investors.

Pfizer & BioNTech

After France and Spain, the U.K. has the next largest number of coronavirus cases in Europe.

The U.K. is the first to approve the coronavirus vaccine and grant emergency approval to Pfizer and BioNTech and will now see other countries follow soon.

Regulators in the U.S. and Europe are yet to decide on granting emergency use of the vaccine.

U.K. has an agreement for 40 mln

Continue Reading Cancelling COVID

MaR Dec 03 2020

Market Report for Dec 03 2020

If you find trading the markets entertaining, you probably need to change your approach. Making money on the markets should feel boring but rewarding

Trade Zones:
GRMN
LASR

Market Trend:
Up

Market YTD:
Nasdaq Composite +37.6% YTD
S&P 500 +13.6% YTD
Russell 2000 +10.2% YTD
Dow Jones Industrial Average +4.7% YTD

Market Volume:
NYSE Vol: 997 mln (B)
Nasdaq Vol: 5.1 bln (A)

New Positions:
NIO @45.26

Portfolio % of Return:
Stocks: +1378.91
FX & Comms: -5.6

PORT Dec 03 2020

Comments:
The markets struggled at the start but the S&P 500 managed to close at a record

Continue Reading MaR Dec 03 2020

MaR Dec 02 2020

Market Report for Dec 02 2020

Trading without rules is like time travelling without a destination

Trade Zones:
SLGN

Market Trend:
Up

Market YTD:
Nasdaq Composite +37.7% YTD
S&P 500 +13.4% YTD
Russell 2000 +10.1% YTD
Dow Jones Industrial Average +4.5% YTD

Market Volume:
NYSE Vol: 1.1 bln (A)
Nasdaq Vol: 6.4 bln (A)

New Positions:
None

Portfolio % of Return:
Stocks: +1400.25
FX & Comms: -5.6

PORT Dec 02 2020

Comments:
That’s two consecutive days of heavy volume and the latter saw the S&P 500 and Nasdaq Composite close

Continue Reading MaR Dec 02 2020

End of content

No more pages to load