Weekly review

Vix: 11.47
S&P 500 E-Mini Mar '17 (ESH17) : 2346-2367.5  open:2,346.50 close 2365-

Nasdaq 100 E-Mini Mar '17 (NQH17):5299-5361   open: 5323 close 5343

Next week:

 It's end of the month. I'm not going to be bullish!

Estimated Range ( 2340+/-5 --- 2365+/-5) 

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	20624.05	20821.76	197.71	1.0	5.4
Nasdaq	5838.58	5845.31	6.73	0.1	8.6
S&P 500	2351.16	2367.34	16.18	0.7	5.7
Russell 2000	1399.74	1392.57	-7.17	-0.5	2.6

Another Winning week

It's was much easier than last week.  As a result, I have 8 weeks winning record. My best one was 9 weeks before. I guess I might lose money next week!

2/19 Weekly review

I've traded way too much that it's hard for me to summarize it. I was in a panic buying mood. :-) I've been buying the longs to cover the short positions.

Vix: 11.49
S&P 500 E-Mini Mar '17 (ESH17) : 2313-2351.5  open: 2314.5 close 2348-

Nasdaq 100 E-Mini Mar '17 (NQH17):5227-5329   open: 5229 close 5325

Next week:

2335+-5 - 2355+-5

 
 

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	20269.37	20624.05	354.68	1.7	4.4
Nasdaq	5734.13	5838.58	104.45	1.8	8.5
S&P 500	2316.10	2351.16	35.06	1.5	5.0
Russell 2000	1388.44	1399.74	11.30	0.8	3.1

It has been a very difficult week

My notes from last week:

"

Next week: 2295+-5---- 2320+-5

We have three weeks up.  As I mentioned last night, I expect that the market will have a mild pull back next week.  If I'm wrong, I will correct it in the middle of the week as usual. :-)"

 
I'm very wrong!   I just didn't believe that the market was able to run up like that!
It's very tiring week. As I mentioned in my last post, I kept fighting with the trend and I'm exhausted! 

I've had a steady loss from Monday to Thursday.  I can't believe that I recovered all the losses today and my account balance sit at the highest YTD right now.

As a result, I've made money 7 week in a row.

I don't know what have happened this week.  I need a beer and a nap. :-) I will write more tomorrow or sometimes this weekend.

Are we ready?

The S&P 500 has gone 43 sessions without an intraday move of 1% or more, suggesting the market appears afraid to make a big leap, and increasing the chances that the extended period of low volatility we have enjoyed for a year cannot last too much longer.

Very frustrated.

The market has been up a lot for the last two days! I've kept fighting with the trend and didn't make a DIME this week!

Good thing is that I've not lost much either.  But I'm frustrated. I normally have been making money by Tuesday if things go well for me.

Hope that I start to have a better luck tomorrow!

Weekly review

Vix: 10.85
S&P 500 E-Mini Mar '17 (ESH17) : 2281-2315.75  open: 2293 close 2312.75-    2300 as support for now.

Nasdaq 100 E-Mini Mar '17 (NQH17): 5140-5232   open: 5157close 5226.75. 

Russell 2000 Mini Mar '17 (RJH17) : 1346-1391(lower high)   12/12/16: 1395    open: 1378 close 1388.

Gold: up. 1235  around $53 range. 

Next week: 2295+-5---- 2320+-5

We have three weeks up.  As I mentioned last night, I expect that the market will have a mild pull back next week.  If I'm wrong, I will correct it in the middle of the week as usual. :-)

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	20071.46	20269.37	197.91	1.0	2.6
Nasdaq	5666.77	5734.13	67.36	1.2	6.5
S&P 500	2297.42	2316.10	18.68	0.8	3.5
Russell 2000	1377.83	1388.44	10.61	0.8	2.3

Another good week.

Last week:

Saturday, February 4, 2017

Next week!

Expected Range: 2270(+/-5pts)---2310(+/-5). If it breaks up 2300, it can easily go beyond 2300. 2300 might become a support. I will have to respect the market and cut loss on the short position. I truly hope that the market pulls back a little bit. :-)



I did exactly what I planned to do. As a result, I made money again. There are 6 winning weeks in a row. I might have a losing week soon.

More details later. But I want to spell it out first!

 My god,  Dow, S&P 500, Nasdaq book records, but with low volume!!

Next week: Neutral or a little bearish! Pull back is on the way

We don't need to trade much

While the trend stays the same. http://babysunfuture.blogspot.com/2017/02/2717-tuesday-snow-stops.html.

I believe that NQ pulls back to  5165 after I posted that.  I added one in the middle.

I don't plan to post weekly P&L anymore although I make money again this week. I feel like that that I keep posting the salary for my second job. :-)

Breaking out

Spx

2/7/17 Tuesday Snow stops

I like to buy break out. Here is an example.

2/6/17 Monday

We have a very mild pull back and the uptrend is intact. The market is BORING!  But the snow in Seattle is NOT!

Next week!

Expected Range: 2270(+/-5pts)---2310(+/-5). If it breaks up 2300, it can easily go beyond 2300. 2300 might become a support. I will have to respect the market and cut loss on the short position. I truly hope that the market pulls back a little bit. :-)

Let's see.

Weekly Review

42% from NDX, the rest of the profit comes from SPX.

I'm not posting the performance for my friend's account anymore for the privacy concern.

I'm starting to get more down days now. :-) Current holdings:  I have slightly more short positions for the next week.

Vix: 10.97
S&P 500 E-Mini Mar '17 (ESH17) : 2262-2294  open: 2282 close 2291  --- 2pts higher than last week's close.
Nasdaq 100 E-Mini Mar '17 (NQH17): 5083-5162   open: 5146 close 5155. Continue buying low.

Russell 2000 Mini Mar '17 (RJH17) : 1339-1378(lower high)   12/12/16: 1395    open: 1362 close 1377 Bullish?

Gold: up. Oil: around $53 range.

I forgot the red arrow on ES chart on Friday since I did sell around 12pm.

Where are we now?

The trend is not built in one day. Although we are breaking out and in the uptrend, we need to be cautious. Are we going to have a red month?

$NDX

Hmmmm, $rut flat after breaking out last December.

Another winning week.

The close price last Friday was 2289. I expected the mild pull back,  then I went ahead to buy ES on Sunday when it reached 2281. Of course it dropped further to 2262 the next couple days.

What did I do? yeah, I bought NQ contracts after the AAPL earning, What else have I done?  I did the most of trading again today. I'll write more over the weekend.


Watch more and trade less.