6/5/16

Maybe update here during the week. Then a weekly summary in the blog for now.

Weekly review and plan for next week.

I didn't trade much this week. I did most trading today. As I mentioned in my previous post, I thought the close would be weak. But it was not weak at all. So I adjusted my position and they are pretty neutral now.

There is not much to review since the range for the whole week is pretty small. It is not tradable for me. I'm surprised that I actually ended up with that much profit. I must have done something right.

I will post more market view for next week tomorrow or on Sunday. But I'm pretty busy this weekend so don't count on it. :-)

I also put my guess and my thought  here

PLAN :  Three weeks up.  We might see another week up. It might also be a boring week as well. Seriously speaking, my goal for next week is to not to lose money. I will be happy if the account balance stays exactly the same as it is today.

 

 Estimated Range: 2080+/-5 --2110+/-5. I will not add any short position before Thursday.  I will try to add some long positions at 2080  or lower if it gets there.

 

 

 

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	17873.22	17807.13	-66.09	-0.4	2.2
Nasdaq	4933.50	4942.52	9.02	0.2	-1.3
S&P 500	2099.06	2099.13	0.07	0.0	2.7
Russell 2000	1150.45	1163.36	12.91	1.1	2.4

6/3/16 Friday.

45 minutes to go until the end.

If the close > 2100 doing nothing.
else sell 5 es at the end.

I will review my trade over the weekend. I didn't expect the strong closing at the end.

Man,

I've made money again this week. Money is like paper.  :-)
No job offer yet.