Market Report Dec 30 2021

Market Report for Dec 30 2021

This moment in our life is the wisdom of our past investments.

Market Trend:
S&P 500 = Up
Nasdaq Composite = Up

Market YTD:
S&P 500 +27.6% YTD
Nasdaq Composite +22.3% YTD
Dow Jones Industrial Average +19.2% YTD
Russell 2000 +13.9% YTD

Market Volume:
NYSE Vol: 608 mln (below)
Nasdaq Vol: 3.7 bln (Below)

New Swing Positions:
GBPUSD short exited with a loss.

Comments:
There is a lack of participation in these recent sessions as yesterday was another very low-volume trading day. (more…)

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Market Report Dec 28 2021

Market Report for Dec 28 2021

You have not failed until you quit trying.

Market Trend:
S&P 500 = Up
Nasdaq Composite = Up

Market YTD:
S&P 500 +27.6% YTD
Nasdaq Composite +23.1% YTD
Dow Jones Industrial Average +18.6% YTD
Russell 2000 +14.5% YTD

Market Volume:
NYSE Vol: 615 mln (Below)
Nasdaq Vol: 3.7 bln (Below)

New Swing Positions:
CRM compound

Comments:
A distinct low volume session on NYSE but a bullish day across the board with a percent range between +0.98% t0 +1.39% (more…)

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Market Report Dec 17 2021

Market Report for Dec 17 2021

Volatility Velocity Volume

Market Trend:
S&P 500 = Up
Nasdaq Composite = Up

Market YTD:
S&P 500 +24.3% YTD
Nasdaq Composite +17.8% YTD
Dow Jones Industrial Average +17.3% YTD
Russell 2000 +9.0% YTD

Market Volume:
NYSE Vol: 1.1 bln (Above)
Nasdaq Vol: 4.8 bln (Below)

New Swing Positions:
None

Comments:
As mentioned yesterday, we need to have a follow-through session but that did not unfold.

All indices were bearish on Thursday with the (more…)

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My Thoughts On Averaging Down On Cryptos

Upset Trader

This is just my opinion on averaging down – which appears to be a popular crypto strategy.

My opinion applies to trading stocks, but I believe averaging down should be carefully considered in any market.

While I have little experience or knowledge in the alt coin market I wanted to share my thoughts.

I have to strongly recommend against averaging down.

Averaging down is when you buy BELOW your original entry price.

Compounding is when you buy ABOVE (more…)

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What Strategy Is The Best Strategy To Use?

time v money

What strategy is the best strategy to use?
In a few months’ time, Javid and I will have been trading for 20 years.
The time has flown by and trading has been one of our best decisions.

However, the experience has been challenging – with plenty of obstacles along the way.

One of those was finding the best strategy to use to make money from the markets.
In search of the holy grail, we have (more…)

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Nasdaq in Correction Territory

Panic trading

A 10% decline from the highs is known as a correction – so the Nasdaq can be assumed to now be in a correction.

Leading up to a correction – and the correction itself – is often a panic period for many traders.

A 5-10% pullback is normal for the market to endure during a good bullish trend. These pullbacks are often a buying period where we can start to take advantage of new trends. (more…)

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Markets Are Normal, At Least For Now

Emotional Trader

As we are in the NFP window, take a step back and let the market do whatever the market will do.

Even though historically we were expecting a bullish week, we have had anything but so far.

However, it is also common for the markets to pullback prior to NFP and so far the pullbacks are less than 10%. As you know, a 5-10% pullback is not unusual.

Yields are the topic right now which (more…)

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Pound Profit Taking

GBPUSD Profit

As you know, in recent months we have been buying into GBPUSD with the belief we will see further strength in this pair – for a couple of reasons:

  1. Dollar weakness
  2. Pound strength (post-Brexit)

DXY has been in a downtrend for a while and the target is around the 2018 lows.
Weekly and Daily Trend Check is down and, as Javid mentioned on the last MaR, price might be forming a double top – suggesting (more…)

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Buy In Bull Markets

Boom Market

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…)

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End Of 2020 Portfolio Check

So as we approach the end of 2020, let’s take a look at the state of some of our positions. Assuming the market remains intact, we will not exit our positions unless stated below.

Dynamic Trader Portfolio

In the U.S. closing positions before the end of the year will have tax implications so many investors will wait until the next year and take profit. Often we see a pullback in January and prior to NFP might a good (more…)

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