Good Morning,
I have compiled a list of my favourite books below. These books are great and cover a variety of aspects.
Click the read more link to see a detailed breakdown of each trade. Also subscribe and add me on twitter for more interesting articles.
Friday, December 5, 2014
Trade Diary - November 2014
Click the read more link to see a detailed breakdown of each trade. Also subscribe and add me on twitter for live trade announcements.
Sunday, November 2, 2014
Trade Diary - October 2014
I'll be starting a monthly trade diary to share with you guys. Last month I finished strong and my target is to repeat that in November.
Click the read more link to see a detailed breakdown of each trade. Also subscribe and add me on twitter for live trade announcements.
Click the read more link to see a detailed breakdown of each trade. Also subscribe and add me on twitter for live trade announcements.
Monday, July 7, 2014
Watch List July 7, 2014 - $SPY $AMZN $PRAN $MCP
Today is July 7, 2014, 2 pm here in Berlin. Every weekend I go through some charts that I like to trade for the week as part of my preparation. I would to share it with you.
Global News: The political and global scene has been quiet lately. No major developments other than the same stories we have heard. The situation in Iraq seems to have stabilised this week, with government forces taking back key towns in the battle against fighters. This is still a market mover and should be watched closely. Tension in Ukraine continue causing some unrest in that region. No major news from the Syrian war. Nor is there any reports on major hostility from North Korea lately. One interesting story to keep an eye on, is the spying allegation against the US. Germany was already very upset about the leaks showing the NSA was spying on Angie. This week a US spy was caught within german's secret service. This is sure to worsen diplomatic ties between the two countries. Its interesting to watch how the markets react to any sanctions or business loss due to this.
Economic News: Unemployment data released last week show another strong month, now marks the 4th consecutive month of 200K+ job gains, with unemployment now at 6.1%. This is of course very positive news. Though even worst than expected news would be good news because the Federal reserves would continue pumping money into the market.
Economic Calendar: Light Economic Calendar for the week, with the usual Jobless claims report to watch for. Also important to watch for any comments during the FOMC minutes.
Earnings Calendar: A quick look at the Earnings Calendar for the week shows Wells Fargo $WFC reporting.
Markets: Markets continue their breakout, with major indices staying close to all time high. This indicates a strong bullish sentiment, so unless we get major negative news, we should continue higher.
Global News: The political and global scene has been quiet lately. No major developments other than the same stories we have heard. The situation in Iraq seems to have stabilised this week, with government forces taking back key towns in the battle against fighters. This is still a market mover and should be watched closely. Tension in Ukraine continue causing some unrest in that region. No major news from the Syrian war. Nor is there any reports on major hostility from North Korea lately. One interesting story to keep an eye on, is the spying allegation against the US. Germany was already very upset about the leaks showing the NSA was spying on Angie. This week a US spy was caught within german's secret service. This is sure to worsen diplomatic ties between the two countries. Its interesting to watch how the markets react to any sanctions or business loss due to this.
Economic News: Unemployment data released last week show another strong month, now marks the 4th consecutive month of 200K+ job gains, with unemployment now at 6.1%. This is of course very positive news. Though even worst than expected news would be good news because the Federal reserves would continue pumping money into the market.
Economic Calendar: Light Economic Calendar for the week, with the usual Jobless claims report to watch for. Also important to watch for any comments during the FOMC minutes.
Earnings Calendar: A quick look at the Earnings Calendar for the week shows Wells Fargo $WFC reporting.
Markets: Markets continue their breakout, with major indices staying close to all time high. This indicates a strong bullish sentiment, so unless we get major negative news, we should continue higher.
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| $SPY Daily Chart |
Monday, June 30, 2014
Watch List June 30, 2014 - $SPY $AAPL $TWTR $LNKD $DDD $VHC
Today is June 30rd, 2014, Sunny day here in Berlin. Every weekend I go through some charts that I like to trade for the week as part of my preparation. I would to share it with you.
Global News: Same as last week, the situation in Iraq continues to worsen and an escalation into a civil war is not out of sight . This is a market mover and should be watched closely. Renewed tension in Ukraine is causing some unrest in that region with major EU powers urging the Ukraine government to extend the ceasefire. Any escalation with either side could lead to more violence and unrest. The market will react to this if it happens. No major news from the Syrian war. Nor is there any reports on major hostility from North Korea lately.
Economic News: Last Friday we had the reshuffling of the Russell Index which resulted in millions of shares moving around and a significant spike in volume going into the weekend. Many stocks benefited from the reshuffle, as short term trades looked to profit of it.
Economic Calendar: On the Economic Calendar for the week are Pending Home Sales & Auto Sales to watch for.
Earnings Calendar: A quick look at the Earnings Calendar for the week shows not many major companies reporting.
Markets: Markets continue their breakout, with major indices staying close to all time high. This indicates a strong bullish sentiment, so unless we get major negative news, we should continue higher.
Global News: Same as last week, the situation in Iraq continues to worsen and an escalation into a civil war is not out of sight . This is a market mover and should be watched closely. Renewed tension in Ukraine is causing some unrest in that region with major EU powers urging the Ukraine government to extend the ceasefire. Any escalation with either side could lead to more violence and unrest. The market will react to this if it happens. No major news from the Syrian war. Nor is there any reports on major hostility from North Korea lately.
Economic News: Last Friday we had the reshuffling of the Russell Index which resulted in millions of shares moving around and a significant spike in volume going into the weekend. Many stocks benefited from the reshuffle, as short term trades looked to profit of it.
Economic Calendar: On the Economic Calendar for the week are Pending Home Sales & Auto Sales to watch for.
Earnings Calendar: A quick look at the Earnings Calendar for the week shows not many major companies reporting.
Markets: Markets continue their breakout, with major indices staying close to all time high. This indicates a strong bullish sentiment, so unless we get major negative news, we should continue higher.
Monday, June 23, 2014
Watch List June 23, 2014 - $SPY $NFLX $AAPL $BBY $TWTR
Good morning,
Today is June 23rd, 2014, it's 10:30 am here in Berlin. Every weekend I go through some charts that I like to trade for the week as part of my preparation. I would to share it with you.
Global News: Major news currently is the escalating situation in Iraq. This is a market mover and should be watched closely. Any escalation could lead to a breakdown. No major news from the Syrian war. Nor is there any reports on major hostility from North Korea lately.
Economic Calendar: Packed for the week with Manufacturing Index, Existing Home Sales, Consumer confidence/sentiment, Jobless claims and farm prices. All of interest, any unusual or unexpected results could trigger a pullback. Any favourable reports and we could breakout once again.
Earnings Calendar: A quick look at the earnings calendar for the week shows not many major companies reporting, except Nike and KB Home.
Markets: Markets seem to continue their breakout, with major indices staying close to all time high. This indicates a strong bullish sentiment, so unless we get major negative news, we should continue higher.
Today is June 23rd, 2014, it's 10:30 am here in Berlin. Every weekend I go through some charts that I like to trade for the week as part of my preparation. I would to share it with you.
Global News: Major news currently is the escalating situation in Iraq. This is a market mover and should be watched closely. Any escalation could lead to a breakdown. No major news from the Syrian war. Nor is there any reports on major hostility from North Korea lately.
Economic Calendar: Packed for the week with Manufacturing Index, Existing Home Sales, Consumer confidence/sentiment, Jobless claims and farm prices. All of interest, any unusual or unexpected results could trigger a pullback. Any favourable reports and we could breakout once again.
Earnings Calendar: A quick look at the earnings calendar for the week shows not many major companies reporting, except Nike and KB Home.
Markets: Markets seem to continue their breakout, with major indices staying close to all time high. This indicates a strong bullish sentiment, so unless we get major negative news, we should continue higher.
| $SPY Daily Chart |
Saturday, June 14, 2014
Watch List June 14, 2014 - $SPY $NFLX $AAPL $BBY $BAC
Hello everyone,
Today is June 14, 2014, It's a saturday and a nice sunny weekend here in Berlin. I'm going through some charts that I like to trade for next week as part of my weekend homework.
Lets take a look at the Macro economics. The economic calendar was light going into the weekend. Producer price index and UMich consumer sentiment were released Friday, before and after the market open respectively. Next week I'll be watching the markets as Industrial production and Housing Market Index data get released. And overall the whole sentiment to estimate if we will continue the bullpen or reverse and start a pullback.
Note: I'm a bull by nature, so my preference will always be bullish stocks. But I'm also trying to profit from the downside. I'll always take smaller trades if I short any stock.
The markets right now in my opinion are a little over extended. I won't try to call the top but I think we are due for a pullback. I also won't try to estimate how strong of a pullback. I'm just going to identify trades are are overbought and look to take short term trades against them. At the same time I'll identify bullish charts in the case of a continued run, that I can enter.
Looking at the S&P 500 chart. The market has been started a pullback after an extended rally, topping off at $196,05. Yesterday was a volatile day and the market closed almost undecided. So I'm looking for a continued move down and a retracement to 20MA @ $192.19. Second target would be $195.45.
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| $SPY Daily Chart |
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