Weekly Summary

A good week. I've been very careful about the market. I'm good at spotting the rally at the early stage and it also contributed my gain.The price that I bought at ES this week is 2398, 2401 and 2407.

On the path to recover -- Day 3

I'm still thinking why the heck I've lost that much last week. I really need to do some homework to analyze myself.

On the path to recover -- Day 2

Nah, I'm not counting anymore after this. I know I will be doing good if I'm careful. I don't care whether I will recover or not.   I will remind myself to be cautious ALL THE TIME!

On the path to recover -- Day 1

I would like to count how many days I can recover from last week's loss. 

Weekly review

I make similar mistakes at least once every year.  Aug 2015, June 2016 and May 2017 are those dates when it happened.

I hope that I'm done with the mistake this year.

I blew up a big profit yesterday and today.

Can I avoid it? I've pretty much traded for nothing since 4/18/17. 

11% loss. 

5/15/17 Monday

So far it's still within the range I defined. I plan to add 5 short position tomorrow.

• Nasdaq Composite +14.2% YTD
• S&P 500 +7.3% YTD
• Dow Jones Industrial Average +6.2% YTD
• Russell 2000 +2.7% YTD
• Oil up 
• Vix:10.42
•  

Next week!

ESM17: (2365+/5 --2400+/-5)
Vix continues going up a little.

I'm a real estate agent in Seattle.

   By the way,  you know that I'm a software engineer beside trading stocks/futures if you read my blog long enough.  Probably you don't know that I've been a real estate agent in Seattle for the last two years as a part time job. :-)

   I've been living in the city for more than 17 years. If you want to buy an investment property in this area, please feel free to leave  comments or email me at judyshw@gmail.com.

   Seattle is a great place to invest.  Houses are cheaper than its neighbor Vancouver and San Fransisco and has a great potential since there are so many high tech companies that move here. The value of my own investment properties goes up a lot and still has the potential to increase more.

5/13/17 Saturday Weekly review

 Weekly review. The market is slightly down. But I did pretty well. More review  and plan later.

 

 

What did you see from the following two charts? 

 

 

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	21006.94	20896.61	-110.33	-0.5	5.7
Nasdaq	6100.76	6121.23	20.47	0.3	13.7
S&P 500	2399.29	2390.90	-8.39	-0.3	6.8
Russell 2000	1397.00	1382.77	-14.23	-1.0	1.9

5/10/17 Wednesday, another flat boring day!

• Nasdaq Composite +13.9% YTD
• S&P 500 +7.2% YTD
• Dow Jones Industrial Average +6.0% YTD
• Russell 2000 +3.1% YTD
• Vix: 10.21 
•  I do feel that money comes from trees for now. I will enjoy it while it lasts.

5/9/17 Tuesday FLAT again!

• Nasdaq Composite +13.7% YTD
• S&P 500 +7.1% YTD
• Dow Jones Industrial Average +6.1% YTD
• Russell 2000 +2.6% YTD

• Not much to say.  I didn't pay much to the market since it is not moving at all. I've hold most of the position and  added some long position early this morning!

5/8/17 Monday FLAT

• Nasdaq Composite +13.4% YTD
• S&P 500 +7.2% YTD
• Dow Jones Industrial Average +6.3% YTD
• Russell 2000 +2.5% YTD
• VIX:9.77. -7.57%--- no surprise in French Election.

Next week!

We would like to check out the impact of French Election tonight. There maybe not much.

The next week range:
SPX future. (ESM17): 2380+-/5  -- 2400+/-5 pts. I'm hoping to see  a bigger range. We'll see.
I need to reduce some long position on Monday either way.

I normally follow my plans.

 Here is the PL for this week.:

Monday:

    Added some short positions.

Tuesday:

   Added NQ positions.

Wednesday:

    Added NQ positions.

Thursday:

    Added ES long position to hedge the short position.

Friday:

    I planned to do nothing if spx future was settled around 2390.  But I had to cut and readjust the short position around 11am-->12am PST since I saw the market consolidated without any weak sign.   French election on Sunday is another reason for me to readjust the position.
   SPX future was last traded at 2399!

Some pps ask me how I trade and why I make money. 
 I normally follow my plans.

Here is one example:
http://babysunfuture.blogspot.com/2017/04/next-week.html

Weekly Review

From Briefing: 

Week In Review: Flat & Happy

The S&P 500 opened the week by eking out back-to-back wins. Monday's marginal victory was fueled by the top-weighted technology and financials sectors while Tuesday's uptick took place despite the lack of sector leadership and crude oil's 2.5% decline. On the political front, Congress reached an agreement to keep the government funded through September while President Trump reiterated that he might like to break up the nation's biggest banks.

On Wednesday, the benchmark index registered its first, and only, loss of the week (-0.1%) after Apple (AAPL) reported lower than expected iPhone unit sales. However, the tech giant's upbeat earnings kept losses in check. The FOMC voted to leave the fed funds target range unchanged at 0.75%-1.00%, as expected, with the accompanying policy statement providing little to no new information.

The House of Representatives passed the revised American Health Care Act on Thursday, a big victory for the GOP. However, the bill will face heavy resistance in the Senate, where it can only afford to lose two Republican votes. Crude oil also made headlines, plunging 4.7% to a five-month low near $45.50/bbl. The tumble was credited to a string of disappointing inventory reports, some weak data out of China, and the deteriorating technical picture for the commodity. The S&P 500 added 0.1%.

Buyers were intrigued by Friday's better than expected Employment Situation Report for April, however, gains were capped once again ahead of the final round of the French presidential election, which will take place on Sunday. Polls suggest that Emmanuel Macron will easily defeat his rival Marine Le Pen, which has been construed as a positive for global equity markets given Ms. Le Pen's anti-EU rhetoric. France's CAC ended the week at its highest level in over ten years.

In the end, despite the range-bound action, this week will be remembered as a happy one with the S&P 500 advancing for the fourth week in a row, adding 0.6%. The fed funds futures market still points to the June FOMC meeting as the most likely time for the next rate-hike announcement with an implied probability of 83.1%, up from last week's 66.6%.

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	20940.51	21006.94	66.43	0.3	6.3
Nasdaq	6047.61	6100.76	53.15	0.9	13.3
S&P 500	2384.20	2399.29	15.09	0.6	7.2
Russell 2000	1400.43	1397.00	-3.43	-0.2	2.9

I did much better than the indices return. I will post more later this week.

 

5/5/17 Friday

• Nasdaq Composite +13.3% YTD
• S&P 500 +7.2% YTD
• Dow Jones Industrial Average +6.3% YTD
• Russell 2000 +2.9% YTD
• No sell off at the end.

5/4/17 Thursday

• Nasdaq Composite +12.9% YTD
• S&P 500 +6.7% YTD
• Dow Jones Industrial Average +6.0% YTD
• Russell 2000 +2.3% YTD
• Oil sold off. Energy sold off
• added one more ZB.
• FB missed.
• NFP tomorrow.
• Still very tight range, 

5/3/17 Wed

• Nasdaq Composite +12.8% YTD
• S&P 500 +6.7% YTD
• Dow Jones Industrial Average +6.1% YTD
• Russell 2000 +2.5% YTD
• Fed keeps the rate unchanged. 
• Consolidation.
• Added NQ positions as planned.

5/2/17 Tuesday

• Nasdaq Composite +13.2% YTD
• S&P 500 +6.8% YTD
• Dow Jones Industrial Average +6.0% YTD
• Russell 2000 +3.1% YTD

• Consolidation day.
• AAPL Missed.

Ok, put it into action.

I just started with one contract and play, play and play!

OK, put this into watchlist

From now on.

5/1/17 Monday

Tech Stocks Rally on Monday

• Nasdaq Composite +13.2% YTD
• S&P 500 +6.7% YTD
• Dow Jones Industrial Average +5.8% YTD
• Russell 2000 +3.7% YTD

• Light Volume.
• Vix: 10:11
• Trend Continues.
• I might add some position tomorrow after AAPL's er.