Lawrence Chan's Blog, page 24
March 12, 2021
TLC Weekly Update March 12, 2021
Another interesting week is about to end. First we started the week with panic on interest rate spike up. Then the market spent all week going higher with Dow minting a new all-time-high today while Nasdaq 100 dropped 200 points. The narrative of the stock market being represented by the indices looks very much broken …
March 5, 2021
TLC Weekly Update March 5, 2021
This week the stock markets worldwide zoom in to just one thing – the spike in US T-notes yield rate. It dropped a bit below 1.5%, we got that Monday mega rally. The next day it edged higher to 1.5% again, Nasdaq 100 higher flyers all hammered. And then yesterday Powell said nothing to calm …
February 26, 2021
TLC Weekly Update February 26, 2021
This is last trading week of February. Many people are wondering why the sudden selloff in Nasdaq 100 big techs while the know nothing media b.s. all the way from blaming this on the Robinhood crowd to mythical creatures manipulating the markets. Gee, I told my premium members in the February newsletter than last week …
February 19, 2021
TLC Weekly Update February 19, 2021
This year 2021 is definitely at least as bizarre as year 2020. Looking at the extreme weather we experienced this week, I wonder what else is in store in coming few months. I will not be surprised if it gets any colder here in Toronto, the polar bears will come visit us. One good news …
February 12, 2021
TLC Weekly Update February 12, 2021
Today is the official lunar new year. Well, technically it was Feb 11th 2:03 pm Eastern Time for the new moon to take effect. However, lunar calendar is limited by human ability to call a day two different ways (i.e. too complex for normal people) so the next closest day has to do it. There …
February 5, 2021
TLC Weekly Update February 5, 2021
Another wild ride in the stock market this Non-Farm Payroll week. Majority of the bears must be questioning their existence due to the melt up style rally all week giving us yet another all time high in S&P500 and Nasdaq 100. Well, this deal or no deal dynamics of the stimulus package has been affecting …
January 29, 2021
TLC Weekly Update January 29, 2021
Today is last trading day of January. While I am writing this the trading day has not ended yet but what a fight between the bulls and the bears. What many people do not realize is that brokerage firms almost always want January to close positively so that they can lure the investors into doing …
January 22, 2021
TLC Weekly Update January 22, 2021
Another week started with extreme events and ended up with almost nothing serious happened. It looks like the transition into a new four year cycle has finally begun. It will be very interesting to see how the world reacts to the storm of executive orders from the new US president. Due to the continuous lockdown, …
January 15, 2021
TLC Weekly Update January 15, 2021
A relatively calm trading week after what happened last week. Yet it still ended with wild swings thanks to monthly option expiration today. Next week is POTUS inauguration. I guess many traders would love to time warp to the week after. We are having a more restrictive lockdown in Ontario starting this week. We were …
January 8, 2021
TLC Weekly Update January 8, 2021
US electoral dispute is now over. But we are left with more questions than answers on the future of United States. Given how ugly this 2020 election has become, I can’t imagine what will happen by mid term 2022 … Luckily I am just a Canadian. Canada being such an unimportant country, its political dramas …
