Category Archives: Market and Trading

Rotation Keeps Market Going!

“Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.” – John Templeton Last week the U. S. market has had seesawed sessions as expected. By Friday, all major indexes closed in fairly strong … Continue reading

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AAPL, Market and Twitter

Dear readers, This is my first blog for year 2013, and I wish everyone A Happy, Healthy, and Prosperous New Year! Today is Friday, Jan. 11th, 2013, the eighth trading session for the year. We have had huge market rally … Continue reading

Posted in Market and Trading, Trading and Life, Uncategorized | 34 Comments

Choppy Market Continues While Tech Giant AAPL Action Disappoints

– Happy Hanukkah! “Don’t take tips of any kind, no matter where they come from. I trade on my own information and follow my own methods. Keep the number of stocks you own to a controllable number.” – Jesse Livermore … Continue reading

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It Remains a Stock-picking Market Despite a Huge Bounce

When a trader first realizes he is wrong, that it that is time to clear out, take his losses, study the record to determine the cause of the error, and await the next big opportunity. – Jesse Livermore U.S. market … Continue reading

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Bearish Reversal for Broad Market on NFP and AAPL Below its 200-day

“The expectation, not news itself, is what moves market; the stock market is more an art than a science and far more complex than most people understand.” – Gerald Loeb Last Friday the U.S. market initially gapped up on the … Continue reading

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How to Trade Tomorrow – My Thoughts

“To do Well in Short-Term Trading, it Takes Full-Time Attention and Dedication; It Takes Considerable Amount of Self-control to Trade Well” – Gerald Loeb First of all, thank many of you for reading my last post with objective comments! I … Continue reading

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Re thinking beyond the Technical and Earnings on APPLE

“Keep Your Technical Systems Simple. Simplicity Breeds Elegance“ “I used fundamentals for nine years and got rich as a technician.” – Marty Schwartz  After seven sessions of the downside move since its reversal bar, the S&P 500 Index fell 1.5% … Continue reading

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Broad Markets Took Nose Dive Dragged by Hard Sell-off on Many Leaders

“To trade successfully, think like a fundamentalist; trade like a technician. Never, under any circumstance add to a losing position! Take your losses quickly and don’t brood about them.” –Wisdom on Trading Last Week, the U.S. market had attempted to … Continue reading

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Market Euphoric Rally Cooled down and My Trades Friday

S&P1,465.77+5.78+0.40% Nasdaq3,183.95+28.12+0.89% Dow13,593.37+53.51+0.40% Oil99.000.69+0.70% 10-Year Bond1.87+0.11+6.49% EUR/USD1.3128+0.0141+1.09% Last Friday, U.S. market resumed fast upside move in the first trading hour from Thursday’s powerful rally on Fed stimulus announcement, but by 10:20 am EST., it reversed down and closed near its … Continue reading

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Another Powerful Rally into Multi-Year HIghs on Fed’s Stimulus Move!

S&P  1,459.99+23.43+1.63%  Nasdaq  3,155.83+41.51+1.33% Dow  13,539.86+206.51+1.55% Oil  98.8499980.54+0.55%  10-Year Bond 1.756-0.009-0.51% What a big day! Today market had a huge rally helped by Fed’s stimulus plan announcement. The Dow and the S&P 500 both closed at their highest levels since … Continue reading

Posted in Market and Trading, Uncategorized | 3 Comments