Tag Archives: market analysis

To hell and back? A review of TSX after a V-day

As every trader knows already, the Dow tanked 1,000 points (about 9%) in like 15 minutes today.  But what’s more amazing is that all the indices made their way back just as quickly.  Figure 1 below is today’s chart of TSX Composite (blue) and S&P 500 (red).  So what does this mean for TSX? Let’s [...]
Posted in Stocks | Also tagged TSX | 1 Comment

Lucky exit for CAD/JPY long yesterday, downtrend resumes now?

I booked my profit on my CAD/JPY long last night mere pips away from the top.  It was a lucky move, that’s all.  Now it looks as though CAD/JPY will do one of the following:
Posted in Aussie, Kiwi, Loonie | Also tagged CAD, JPY | Leave a comment

On reactive trading and why I don’t make market forecasts anymore

It seems to me that the popular trading blogs have one thing in common.  They all make some form of forecasts about the market, or even better, calling out to a particular stock or currency pair.  My guess is that there’s a lot more people looking for trading ideas for quick profits than actually interested [...]
Posted in Trading Strategy | Also tagged reactive trading | Leave a comment

How Goldman Sachs Robbed You and Me of $3 Billions in 3 Months

After watching the videos below, and from months of observation of this latest global financial debacle, I am suddenly awashed with a feeling of hopelessly powerless to this gross unfairness. In which the average, hard working citizens are pouring money into the pockets of the filthy and uber rich. If you don’t know what I’m [...]
Posted in Journal | Also tagged GS, tax | Leave a comment

Inter-market analysis after a new 2009 high in the equity market

The market made a new high for the year on Friday.  There’s no doubt that the current trend is very bullish with the recent relentless climb since March.  See Figure 1. However, why was 1025 on the S&P500 (for example) so hard to break?  Since the market doesn’t operate in a vacuum.  Here’s a look [...]
Posted in Stocks | Tagged market analysis | Leave a comment

A technical analysis of 80 years of S&P500

One of the earlier popular post on this site is my view on the pre-tech-bubble trendline from before year 2000.  However, that trendline was broken in October 2008 as I’ve noted. Since the recent actions in the market has often been compared with the Great Depression, I’ve decided to chart S&P500 all the way back [...]
Posted in Stocks | Tagged market analysis | Leave a comment