Lawrence Chan's Blog, page 26
October 23, 2020
TLC Weekly Update October 23, 2020
Finally, the last US presidential debate is over. Now we just have to sit tight and wait for the outcome by election day. For traders everywhere, hopefully there will be a slow down of random news shock from the two camps. Giving the world a break until the results are in on election day would …
October 16, 2020
TLC Weekly Update October 16, 2020
This was option expiration week but then thanks to the way Softbank and its copycats cornering the stock market like no tomorrow, the option market makers have no choice but to accept defeat. Many gurus out there keep saying the stock market is not following the reality of the real economy. I have a slightly …
October 9, 2020
TLC Weekly Update October 9, 2020
This week the markets are all about deal or no deal on the US stimulus package. It reminded me of the old saying that “all politicians are failed actors and actresses”. How long do you think they will continue with these dramas? A good read about the loss generation in Japan. These people are in …
October 2, 2020
TLC Weekly Update October 2, 2020
First debate of three scheduled just took place this Tuesday and we already have a taste of what is coming up. I wonder if the viewership would drop over time though as there is really nothing new or useful being discussed. Unless, of course, some super juicy conspiracy facts are exposed in coming weeks … …
September 25, 2020
TLC Weekly Update September 25, 2020
Roller coaster ride in the stock market continues. Nasdaq 100 rallied 5% higher from Monday low and then fell back down to Monday low right after. Such high volatility can induce even higher volatility going into election month. Investors and speculators should be more careful in coming few weeks. Powell may have very limited power …
September 18, 2020
TLC Weekly Update September 18, 2020
This is the quarterly option expiration week. As I explained in my past writings, the stock market behaviour during option expiration week is not the same as the other ones which often caught traders on the wrong side of the market. And it is happening again this week with people all cheering for a strong …
September 11, 2020
TLC Weekly Update September 11, 2020
Roller-coaster ride indeed for the stock market this week. Intraday swings pushing 3% almost everyday. Hope my day trading readers manage to catch some of these awesome moves! This week I have multiple things that have to be taken care of quickly, which in turn completely messed up my original schedule. It is a challenge …
September 4, 2020
TLC Weekly Update September 4, 2020
What a week for the stock market – when everyone was talking about the market would never go lower because of the Fed policy, next thing you know we got a one day drop of more than 6% in Nasdaq 100 and 3% in S&P500. Usually September and October are the more volatile months so …
August 28, 2020
TLC Weekly Update August 28, 2020
A very productive week coming to an end while leaving me quite happy and exhausted. For one, finally closed a deal that has a marathon run of six months of negotiation. On trading side, I am making great progress with MultiCharts automated trading. Persistency and being patient have again proven to be useful when you …
August 21, 2020
TLC Weekly Update August 21, 2020
Another roller coaster week for the stock market – S&P tagged its all time high before the outbreak and then suddenly turned south after learning that US Federal Reserve is not as accommodative as people want. Even though the sentiment and market breadth turned bearish, thanks to the strength of the big five tech companies, …
