Lawrence Chan's Blog, page 4
December 28, 2024
TLC Weekly Update December 28, 2024
Last Friday of the year made a magical comeback after significant weaknesses developed in overnight session. Although not enough to make another all-time high weekly close, it is enough to calm people down to enjoy this weekend. I love this update on Michael Levin’s work on his quest to understand life beyond what we are …
December 21, 2024
TLC Weekly Update December 21, 2024
What a week – first we got that largest flush in absolute term over the entire history of the US stock market, and then followed up by a equally impressive comeback on option and index future expiration Friday. So are we bullish or bearish now? I believe nothing much can happen during the holiday weeks ahead. …
December 14, 2024
TLC Weekly Update December 14, 2024
On Friday, NDX pushed higher again to another all-time-high while the rest of the indices are stuck in their holiday mode. Next week is quarterly expiration for futures, options, etc. Maybe a little pick up of volatility because of that but no one believes the stock market can go much lower. I learned something new …
December 7, 2024
TLC Weekly Update December 7, 2024
Finally, NDX playing catch up with SPX and now going into the holiday season, every large financial institutions are upgrading their 2025 targets for SPX. Seriously? So all external factors are not important anymore because Blackrock declared the boom and bust cycle is no longer valid? Well, Warren Buffett may have a different opinion. The …
November 30, 2024
TLC Weekly Update November 30, 2024
Can’t believe this is the end of November already. One month to go before this year is over. Will the US stock market keep grinding higher from here? Given November being the best month so far for the year, historically, December are likely negative. Chris Vermeulen is not bullish anymore and his take on the …
November 23, 2024
TLC Weekly Update November 23, 2024
Another magical week that SPX recovered from the “mini-dip” and pushed higher to near all-time-high again. How far will it go? From what I gathered, Fed and its peers have been very busy “saving the world” by printing infinitely more money almost every other week to keep the global financial system from breaking down. It …
November 16, 2024
TLC Weekly Update November 16, 2024
After another new all-time-high a week ago, finally we started to see a little cool off for the US stock market. Would that translate into a deeper correction? We will find out soon enough. We are literally within days of leaving behind the Pluto in Capricorn era. Are you ready for that? There are so …
November 9, 2024
TLC Weekly Update November 9, 2024
Another new all-time-high for SPX with 6000 tagged. All the averaged historical pattern for election year failed this year as there is no real increase in volatility going into the election and then right after, the bulls unleashed 200% all-in. We can all tell by common sense that it is not normal. But how can …
November 2, 2024
TLC Weekly Update November 2, 2024
US stock market took a breather last week and the hidden bears all came out saying the sky is falling. Well, no serious damage to the up trend on daily yet. And even a 20% correction is nothing relative to the gains made so far this year. Only those who chase the move back in …
October 26, 2024
TLC Weekly Update October 26, 2024
Another week of going nowhere near the all-time-high for both SPX and NDX. This time thanks to TSLA and NVDA doing so well. All large firms have upgraded their year end targets for the indices. So is it clean sail to another 10% higher or should we worry about a market crash that never comes? …
