Lawrence Chan's Blog, page 25
January 1, 2021
TLC Weekly Update January 1, 2020
Holiday season coming to an end this week with the US stock markets closing at all time high on the last trading day of 2020. Who would have thought this is the outcome of COVID-19? A epiphany came to me yesterday that it should not be a surprise. Back in 1987, the first stock market …
December 25, 2020
TLC Weekly Update December 25, 2020
Holiday mode all week watching the stock markets trying to levitate higher just like the past. However, thanks to the deal or no deal drama with the US stimulus package, the whole world has to wait for the inferior actors and actresses in Washington done with their posturing … I was so busy all year …
December 18, 2020
TLC Weekly Update December 18, 2020
Last option expiration week of the year is now finally over. The rest of the year are filled with holidays so majority of the traders will not be trading. I wonder how many trading bots are aware of this and avoid trading too. The other day my son showed me a game he’s playing online. …
December 11, 2020
TLC Weekly Update December 11, 2020
Another interesting trading week almost over with all eyes on next week’s US electoral vote event (Monday, Dec 14) that may result in some shocking twists and turns. All these states filed their cases with the US supreme court may not impact the outcome though. But what if they do? I can’t imagine the mess …
December 4, 2020
TLC Weekly Update December 4, 2020
This Non-Farm Payroll (NFP) week has surprised many people who keep talking about how overpriced the stock market is while all week the market just levitated to stay near all time high. Can’t blame them. Normal people, which include majority of the traders, do not pay attention to the obvious bullish biases during NFP weeks. …
November 27, 2020
TLC Weekly Update November 27, 2020
Today is Black Friday. Many shopping malls and online stores, however, have already kickstarted their holiday sales since the beginning of the week. I don’t usually participate in this holiday sale period thanks to my lack of interest in buying the latest whatever consumer items. No exception this year. I will kick back and relax …
November 20, 2020
TLC Weekly Update November 20, 2020
Another week that the stock market flirting with all time high yet not quite able to stay that way. More vaccine news but not good enough to offset the other pressing issues. Traders should be happy that next week is Thanksgiving week. Traditionally, pro traders who are doing fine up to this point for the …
November 13, 2020
TLC Weekly Update November 13, 2020
Today is Friday the 13th. Famous for handing out chaos and troubles. Well, the whole week was a mess for the financial markets thanks to Pfizer’s vaccine announcement spiked the stock markets much higher. And then everyone learnt that its CEO filed to unload most of his holdings of the company. Talking about sarcasms … …
November 6, 2020
TLC Weekly Update November 6, 2020
US election was over but the messy process of getting a US president for the next term has just started. Hopefully my prediction, that it will take years to resolve the issue, is wrong. Some people suggest that US should really be split into two countries instead of one since the votes are so distinctly …
October 30, 2020
TLC Weekly Update October 30, 2020
Yesterday the few major US technology companies reported their earnings. That rocked the overnight markets into chaos. Next thing we know a 7.0 earthquake hit Turkey and Greece. What a week … US Election is next Tuesday. For those of you who are new to trading, may I remind you to check your account to …
