The year 2020 was one of the most difficult trading times I have experienced since my trading journey began almost 20 years ago. A crash at speeds never seen before due to a pandemic which we have never experienced before.
We have been long since the COVID crash in 2020 when the market started to boom. In fact, our first position was in ZM and this was while the crash was taking place. Our next (more…)
As you will know from the webinars, we have been in the midst of dumb money activity and as a result are seeing tree shaking.
Of course tree shaking can turn into further weakness so we should always be ready to change our position on the market if needed. You may recall we did that on Jan 4 2019 when we turned bullish having been bearish just the day before. And from that point we (more…)
As the S&P 500 made a new high, it would be obvious to now look to get into the market.
The fact is, this current environment is being driven by the dumb money. This was mentioned on the last couple of weekly webinars and we can see the inflow of the dumb money by simply looking at the range of the bars on S&P 500. The small range indicates (more…)