Saturday, October 14, 2017

Weekly Review

There was no surprise in the market this week.
Earning season starts again! How fun!

This week ES: 2539-2555.
Next week:   2540+/-5 pts - 2560+/-5pts
 NQ should be above 6050.



Yes, it is a 5 figure profit. It's not my goal anyway. I enjoy it while it lasts.

Saturday, October 7, 2017

Weekly review

 I didn't beat the market this week. I managed to collect several thousand dollar since I've been fighting with the trend.
 My estimated range  was

(2505 +/-5 pts --- 2520 +/-5 pts)

But the market was super strong. my upper range was pretty much served as the support.  So I had to cut loss on the short position and I traded a lot this week as well. 

Oh, Well. It's good that I didn't lose money. Hope that I can do better next week!

Next week!

(2530 +/-5 pts --- 2555 +/-5 pts)

Plan: If NQ has 40-50 points pull back, cut loss on NQ short.

Next Wednesday: Fed meeting minutes and  ECB president talks on Thursday.

 


IndexStarted WeekEnded WeekChange% ChangeYTD %
DJIA22405.0922773.67368.581.615.2
Nasdaq6495.966590.1894.221.522.4
S&P 5002519.362549.3329.971.213.9
Russell 20001490.861510.2319.371.311.3

Wednesday, October 4, 2017

Where are we now?

Vix: 9.83% up for two days.
Fear index: 92

ES range this week:  2517-2535.75
NQ range this week: 5978-6015.

NFP this Friday.

Saturday, September 30, 2017

Historical performance

Here is my past performance since I started to write this blog in 2012.  I don't remember why I did poorly in 2014.  But let bygones be bygones. I've been pretty consistent in the recent years.

 I encourage every my blog reader writes down his/her trading log. It actually helps me tremendously.

Good night. :-)

S&P 500 returns.



Data Source: Bloomberg SPXT Index
2017 (YTD)14.24%
201611.96%
20151.38%
201413.69%
201332.39%
201216.00%
20112.11%
201015.06%
200926.46%
2008-37.00%
20075.49%
200615.79%
20054.91%
200410.88%
200328.68%
2002-22.10%
2001-11.89%
2000-9.10%
199921.04%
199828.58%
199733.36%
199622.96%
199537.58%
19941.32%
199310.08%
19927.62%
199130.47%
1990-3.10%
198931.68%

Weekly Review.

VIX is 9.51  and has been down for 4 days in a row.
 CNN fear index: 85
SPX new high. It broke out my upper range.
I did pretty good again this week.


  
 

What to expect next week?  (2505 +/-5 pts --- 2520 +/-5 pts)


IndexStarted WeekEnded WeekChange% ChangeYTD %
DJIA22349.5922405.0955.500.213.4
Nasdaq6426.926495.9669.041.120.7
S&P 5002502.222519.3617.140.712.5
Russell 20001450.781490.8640.082.89.9

Friday, September 22, 2017

Weekly Review





My expected range is 2485-2505
The real range is 2492-2507

Next week:  2480-2510 I bet more on the down side.


 I'm pretty happy with the YTD return. As I mentioned in the oldpost, I withdrew quite a few $$ from this account. Now the account is in Sync with the market.







IndexStarted WeekEnded WeekChange% ChangeYTD %
DJIA22268.3422349.5981.250.413.1
Nasdaq6448.476426.92-21.55-0.319.4
S&P 5002500.232502.221.990.111.8
Russell 20001431.711450.7819.071.36.9

Wednesday, September 20, 2017

Where are we now?

It was kind of volatile today. But the range is still way too small. Stock trading gets boring and boring. :-) I just hold the position and haven't traded much this week.

The S&P is still very strong.  ES is holding well above 2500. Let's give it couple days to see how strong the trend is. I would expect some pull back next week.

VIX: 9.78
 

 


Weekly Review

There was no surprise in the market this week. Earning season starts again! How fun! This week ES: 2539-2555. Next week:   2540+/-5 pt...