Lawrence Chan's Blog, page 14
February 4, 2023
TLC Weekly Update February 4, 2023
First month of year 2023 finished with one of the best monthly performances in S&P500 history. Many anxious retail traders are now very pissed that they listened to those perma bears and failed to hop on the boat. Well, they have no one to blame but themselves. If they have access to non-free market analytics, …
January 28, 2023
TLC Weekly Update January 28, 2023
This week even some of the biggest bearish analysts from major financial firms finally admit the stock market can keep going higher. Is that a sign of too fast too much? We will see how things unfold in coming week as January will end by middle of the week and then FOMC decision on February …
January 21, 2023
TLC Weekly Update January 21, 2023
Biggest financial news this week is not about the stock market – it is about Bitcoin. After spending months near its low at 16000, a breakout above the 18000 resistance gave it a chance to shoot up to 23000. All the HODLRs went into euphoria and claim that Bitcoin new all time high is coming …
January 14, 2023
TLC Weekly Update January 14, 2023
The US stock market made a powerful comeback by Friday close even after the nothing burger of CPI and disappointing earning result from one of the major banks. Could this be the start of much higher prices for the indices? Well, that all depends on the line up of earnings coming out these two weeks. …
January 7, 2023
TLC Weekly Update January 7, 2023
Another NFP week is over and the mainstream media can now boast that year 2023 will be a great year for the stock markets because of the “January Effect” (the first week version) and the positive bias of third year in the US election cycle. Well, I am not so sure about that. When everyone …
December 31, 2022
TLC Weekly Update December 31, 2022
Can’t believe this is the last day of the year 2022 yet here we are. As someone interested in astrology, I did a non-scientific survey on various predictions made by astrologers and psychics on what will happen in year 2023. The consensus is that 2023 will be a year easier for majority of people and …
December 25, 2022
TLC Weekly Update December 24, 2022
Writing this in late night Christmas Eve here in Toronto while my friends from Asia already sending out their Merry Christmas messages. Very grateful that friends and family are doing alright in this tough year of 2022. A good video on the various astro cycles and their effects on Earth. There are other shorter term …
December 17, 2022
TLC Weekly Update December 17, 2022
The last option expiration Friday did not disappoint. Everyone calling it to go lower yet by the end of the day, the damage done in the morning were erased. A surprise? Hardly unless you keep listening to idiots out there telling you bullshit day after day on how clueless they are with their imaginary reasons …
December 11, 2022
TLC Weekly Update December 11, 2022
Last week we have a surprise from US PPI for being stronger than expected and that sent the stock market lower a bit. Next thing we know, people talking about all these bullshit that where the CPI should be this coming week. Seriously, 99.99% of people out there including that remaining 0.01% are pretty clueless …
December 3, 2022
TLC Weekly Update December 3, 2022
Another Non-Farm Payroll week ended with a surprise bearish shock from NFP but then S&P shake that off later to close higher. This should not be a surprise given Tuesday was the week low and that Powell’s speech timed to the T to test the daily up trend line from above and then took off. …
