Lawrence Chan's Blog, page 19
February 18, 2022
TLC Weekly Update February 18, 2022
There is a first time for everything. So I have completely forgotten to write this weekly update last week for the first time. I am so overwhelmed by work that I don’t even recall that I missed the writing until this Wednesday. Time flies. The biggest news here in Canada is the abuse of power …
February 4, 2022
TLC Weekly Update February 4, 2022
Non-Farm Payroll announcement earlier today plus all these earning surprises over the week has nudged the traders crazy all week. But seriously it is really just another earning season week with way too many retail players playing roulette before all these earning announcements. Don’t take my word for it, check out tradingview and see all …
January 28, 2022
TLC Weekly Update January 28, 2022
All the major big techs have already reported their earnings. However, it seems like people couldn’t decide if interest rate hikes will destroy the future growth or not. Crazy wild swings every hour at 1 to 2% everyday all week while the normal average range for a whole trading day being 1% to 1.5%, you …
January 21, 2022
TLC Weekly Update January 21, 2022
First option expiration Friday of the year got a very difficult problem to solve – how to stop this selloff and help January to recover back up above year 2021 close? Seriously the big question is whether Powell want the stock market going higher from here after 8% correction or that he will wait for …
January 15, 2022
TLC Weekly Update January 14, 2022
Can’t believe it is Saturday already and I failed to post this on last night. I was so tired I went straight to bed and fall asleep at once. What a hectic week. Here in Toronto Canada we are experiencing extreme coldness these few days. Day time temperature is below –20C. With wind chill effect …
January 7, 2022
TLC Weekly Update January 7, 2022
It is first post of year 2022. I like to take this opportunity to wish everyone a prosperous new year! This morning my surface pro suddenly failed to connect to my bluetooth mouse. I ended up spending half an hour to figure out what happened. It turns out that somehow Microsoft Windows 10 made the …
December 31, 2021
TLC Weekly Update December 31, 2021
Last day for year 2021 also happened to be a Friday today. What a year the world went through. I took time to reflect on what happened this year and am very grateful that I made good progress in building my proprietary trading firm. So much was done and so many doors are opened thanks …
December 24, 2021
TLC Weekly Update December 24, 2021
Today is Christmas Eve. Stock markets are closed. What to do with the extra time on hand? I’ve decided to cook a turkey and share it with friends. This is a book I just ordered. Someone recommended the book to me saying that the information exposed by the book should help everyone in the world …
December 17, 2021
TLC Weekly Update December 17, 2021
Last option expiration of the year ended with extreme wild swings all day. I thought only Tesla can trade like penny stocks. And now other major index components are going crazy like Tesla. Even the indices themselves are no longer stable. This is not normal and surely not the best time to engage the markets …
December 11, 2021
TLC Weekly Update December 10, 2021
What an interesting week that S&P managed to erase the panic selloff since US Thanksgiving close, yet not able to clear that level until last 15 minutes before Friday close. Three days of serious attempt to take out that close but no cigar. Given normal circumstances, the Christmas rally will levitate towards the all-time-high with …
