Lawrence Chan's Blog, page 22
July 30, 2021
TLC Weekly Update July 30, 2021
Can’t believe it is already the end of July. Time flies when you just work until you are so tired and crash in bed day after day. An interesting video explaining why first class is disappearing. Airline business is indeed a tough one. I wonder how long it will take for the industry to recover …
July 23, 2021
TLC Weekly Update July 23, 2021
Another all time high for the stock markets this week. What a stunning performance this week from down 2% to printing triple all time high records today. The big question remains – how long can it last? My take as a day trader is to deal with it one day at a time. There is …
July 16, 2021
TLC Weekly Update July 16, 2021
This is option expiration Friday again. Earlier today a stock market veteran I know for years commented about the market actions this week and then asked for my opinion. Serious, when people talk like that they are just asking for your agreement. I do my usual thing by telling him that it is just option …
July 9, 2021
TLC Weekly Update July 9, 2021
Another all-time-high week for the US stock market, with everyone thought that on Thursday morning the rally was over, the market magically rallied all the way back up today. Is this the new norm? I don’t know but we are definitely living in interesting time. I came across this great video about learning style. I …
July 2, 2021
TLC Weekly Update July 2, 2021
2021 2nd quarter finally ended. We just got our Canada Day on the first and this weekend July 4th for United States. It is a long weekend for people like me who work with the US stock markets. It is also my chance to take a break from my hectic schedule and hopefully get some …
June 25, 2021
TLC Weekly Update June 25, 2021
Another week of the stock market squeezing the shorts hard. Next week is end of quarter and the long weekend. I wonder if any bears will be left by the end of next week. An interesting read about Peter Thiel’s Roth IRA. After reading the whole article, I get a sense of hatred from the …
June 18, 2021
TLC Weekly Update June 18, 2021
Quarterly option expiration Friday today and as expected with the stock market indices pinned lower. Nothing special yet the media continues to make up reasons for something that happens regularly. Is it that hard to figure out the third Friday of a quarter end? I am not trying to be mean here … could it …
June 11, 2021
TLC Weekly Update June 11, 2021
Another week fly-by quickly with the stock market floating near its all-time-high. It is not a surprise at all to many of us long time traders while the gurus out there keep calling how overvalued the market is, blah blah blah … Well, always remember these wise words from the economist John Maynard Keynes, “the …
June 4, 2021
TLC Weekly Update June 4, 2021
Non-Farm Payroll report today helps sending the stock market higher so far this morning. Looks like we are back to the bad data is good for the stock market regime. How long would it last though given so much money has been pumped into the system yet we are not seeing what the politicians promised …
May 28, 2021
TLC Weekly Update May 28, 2021
Today is last trading day for the month of May, It is also the lowest volume week so far for the year. I don’t know what the implication is. Maybe just that the weather is getting so nice that people prefer to go outside to get some fresh air instead of staring at their screens …
