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 (more…)

Continue ReadingCancelling 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 (more…)

Continue ReadingMaR 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 (more…)

Continue ReadingMaR Dec 02 2020

MaR Dec 01 2020

Market Report for Dec 01 2020

Stock negativity in a bull market is often a buy point for the brave

Trade Zones:
AMCR (sub $15)

Market Trend:
Up

Market YTD:
Nasdaq Composite +36.0% YTD
S&P 500 +12.1% YTD
Russell 2000 +9.1% YTD
Dow Jones Industrial Average +3.9% YTD

Market Volume:
NYSE Vol: 1.9 bln (A)
Nasdaq Vol: 7.5 bln (A)

New Positions:
None

Portfolio % of Return:
Stocks: +1458.32
FX & Comms: -3.08 (Gold exit @1775 with 5.33% loss)

PORT Dec 01 2020

Comments:
November ended negative with Nasdaq Composite -0.06%, S&P 500 -0.46% (more…)

Continue ReadingMaR Dec 01 2020

MaR Nov 26 2020

Market Report for Nov 26 2020

Lacking patience lessens success.

Trade Zones:
None

Market Trend:
Up

Market YTD:
Nasdaq Composite +34.8% YTD
S&P 500 +12.4% YTD
Russell 2000 +10.6% YTD
Dow Jones Industrial Average +4.7% YTD

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

New Positions:
None

Portfolio % of Return:
Stocks: +1334.60
FX & Comms: +2.25 +Gold

PORT Nov 26 2020

Comments:
Nasdaq Composite gained ground while the Dow Jones Industrial Average and S&P 500 ended the session in (more…)

Continue ReadingMaR Nov 26 2020

MaR Nov 25 2020

Market Report for Nov 25 2020

Simple and smart is an art

 

Trade Zones:
RUN

Market Trend:
Up

Market YTD:
Nasdaq Composite +34.2% YTD
S&P 500 +12.5% YTD
Russell 2000 +11.1% YTD
Dow Jones Industrial Average +5.3% YTD

Market Volume:
NYSE Vol: 1.2 bln (A)
Nasdaq Vol: 6.2 bln (A)

New Positions:
None

Portfolio % of Return:
Stocks: +1136.55
FX & Comms: +2.25 +Gold

PORT Nov 25 2020

Comments:
The Dow Jones Industrial Average hits a new record high of 30,000 for the first time (more…)

Continue ReadingMaR Nov 25 2020

MaR Nov 24 2020

Market Report for Nov 24 2020

Don't chase trades. Wait patiently for price to reach your level

Trade Zones:
NFE

Market Trend:
Up

Market YTD:
Nasdaq Composite +32.4% YTD
S&P 500 +10.7% YTD
Russell 2000 +9.0% YTD
Dow Jones Industrial Average +3.7% YTD

Market Volume:
NYSE Vol: 987 mln (A)
Nasdaq Vol: 5.2 bln (A)

New Positions:
PTON @112.32

Portfolio % of Return:
Stocks: +1101.73
FX & Comms: +2.25 +Gold

PORT Nov 24 2020

Comments:
Another Monday injected with positive COVID news to move the market up, minus the mega-cap companies. (more…)

Continue ReadingMaR Nov 24 2020

MAR Nov 22 2020

Market Report for Nov 22 2020

Always look for an area of little interest to catch a bid.

Always look for an area of little interest to catch a bid.

Trade Zones:
CRWD

Market Trend:
Up

Market YTD:
Nasdaq Composite +32.1% YTD
S&P 500 +10.1% YTD
Russell 2000 +7.0% YTD
Dow Jones Industrial Average +2.5% YTD

Market Volume:
NYSE Vol: 952 mln (B)
Nasdaq Vol: 5.3 bln (A)

New Positions:
None

Portfolio % of Return:
Stocks: +987.70
FX & Comms: +2.25 +Gold

PORT Nov 21 2020

Comments:
While we cannot confirm (more…)

Continue ReadingMAR Nov 22 2020

MaR Nov 20 2020

Market Report for Nov 20 2020

Don't watch the markets intraday microscopic moves. You will overtrade and worse, close good positions too early

Trade Zones:
GSHD

Market Trend:
Up

Market YTD:
Nasdaq Composite +32.7% YTD
S&P 500 +10.9% YTD
Russell 2000 +6.9% YTD
Dow Jones Industrial Average +3.3% YTD

Market Volume:
NYSE Vol: 884 mln (B)
Nasdaq Vol: 5.2 bln (A)

New Positions:
None

Portfolio % of Return:
Stocks: +936.66
FX & Comms: +2.25 + Gold

PORT Nov 20 2020

Comments:
The S&P 500 spent most of the day below the flatline. The markets have still not (more…)

Continue ReadingMaR Nov 20 2020

MaR Nov 19 2020

Market Report for Nov 19 2020

Create a state of mind that is not affected by the movement in markets

Trade Zones:
LMB – note this is less than $15 stock

Market Trend:
Up

Market YTD:
Nasdaq Composite +31.5% YTD
S&P 500 +10.4% YTD
Russell 2000 +6.0% YTD
Dow Jones Industrial Average +3.2% YTD

Market Volume:
NYSE Vol: 990 mln (A)
Nasdaq Vol: 4.6 bln (A)

New Positions:
None

Portfolio % of Return:
Stocks: +828.01
FX & Comms: +2.25 +Gold

PORT Nov 19 2020

Comments:
A sell-off in the last few hours of mainly (more…)

Continue ReadingMaR Nov 19 2020

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