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
 

 


Sunday, September 17, 2017

For your information.

Most people probably know it already. But it is nice to keep it in mind if you don't.
I posted this on my wall.


Friday, September 15, 2017

Weekly review.

I was expecting the market pulled back on Wednesday after the big rally on Tuesday.  But it didn't stop. it kept going up. Tuesday's high 2485 pretty much acted like a support for the rest of the week. I was lucky to cut loss most of the short position on Wednesday and kept most of the long position.
I did very well this week.

Ok, what will happen next week?
"However, the Fed's massive balance sheet will be the focus of next week's FOMC meeting as it is widely expected that Fed Chair Janet Yellen will announce the start of a gradual reduction of assets bought in response to the 2008 financial crisis. The two-day FOMC meeting will kick off on Tuesday"


 We'll see some weakness next Monday and Tuesday.  I will use 2485 as support. the upper range set to 2505.

 I speculate that the market will probably close lower than now, with vix 10.17. People are getting greedy. :-)



IndexStarted WeekEnded WeekChange% ChangeYTD %
DJIA21797.7922268.34470.552.212.7
Nasdaq6360.196448.4788.281.419.8
S&P 5002461.432500.2338.801.611.7
Russell 20001399.431431.7132.282.35.5

Saturday, September 9, 2017

Trading update and the speculation about the next week.

Normally I do some market review and examine my position on Saturday morning, although I haven't been posting that much.

I withdrew most of profit out at the end of July and am shopping for an investment property. Man, the market is so hot and we haven't had luck yet. But I don't want to pull the money back into the stock account. I will feel achieved if we actually get a house and it motivates me to make more money in the stock market.

I also opened a new trading account with Td Ameritrade and moved some money out of IB. I've not been very happy with interactive brokers since they charge way too many fees. So I'm pretty happy with my performance since I have much less money in IB now. I also started to make money in TD, but not much since I need to get familiar with its trading platform.

Ok, that's all the updates from me. I hope that you guys are making money as well!


The market pulled back on Friday since Hurrican Irma has bought a lot of fear and uncertainty. But if the damage is not that bad, the market will go higher next week.  In my opinion, it will go higher next week.  As a result, I added more long positions by the end of the trading day.

ES: 2445-2471. Close at 2462. (I will switch to use December contract next week). 17 points lower than last week's high. Actually it is not that bad.

If ES reaches 2445 area, I will be a buyer.





Thursday, September 7, 2017

New Chapter of my life!

 Check it out!

http://www.seattlesunrealestate.com

I still actively trade ES/NQ.  But I just don't need that much time anymore.  I have been using the same methodology since my first post back in 2012.

I got the real estate license two year ago but am getting very serious now!

Welcome to invest in Seattle properties, I can be the broker that you can count on!


 


Hello, Everyone!

I've become a very mature trader after trading in the stock market for 12 years. I've been very focus and only trade E-min futures a...