Lawrence Chan's Blog, page 5
October 19, 2024
TLC Weekly Update October 19, 2024
Yet another all time high with S&P500 this week while Nasdaq 100 lacking behind. The stock market looks unstoppable while the FURUs out there having two extremely opposite opinions on what will happen in the coming months. We are just 2-3 weeks until US election. Historically the US stock market are more likely to pullback …
October 12, 2024
TLC Weekly Update October 12, 2024
Another new high for S&P500 this week with AAII sentiment reaching new low for bearish sentiment. Large banks all upgrade their forecasts with higher level for both SPX and NDX. Yet, perma bears are warning that a crash is coming. Who to trust? Here is a take of the current market situation by a veteran …
October 5, 2024
TLC Weekly Update October 5, 2024
Another week of surprise in the stock market with strong NFP leading to another attempt to push for all time high. Isn’t it amazing even though FURUs believe that a strong number would tank the market? Remember the stock market is not a random machine. Things that matters in the stock market are really controlled …
September 28, 2024
TLC Weekly Update September 28, 2024
Another record high week for S&P500 while Nasdaq 100 doing its best to get closer to its all-time-high above. Impressive work by the bulls indeed. But but but but … yen carry unwind is threatening to happen again. Well, Fed will do whatever it takes to ensure our financial system can survive enough time until …
September 21, 2024
TLC Weekly Update September 21, 2024
New all-time-high S&P500 weekly close is now in place. Everyone who thought that the yen carry trade unwind would destroy the financial markets are now scratching their heads while losing tons of money betting on it. So is it now clean sail to higher prices? I don’t think so. Here is a funny prediction about …
September 14, 2024
TLC Weekly Update September 14, 2024
Second time in a row the world famous PPT stepped in to save the US stock market when Japanese yen breaking to new highs against US dollar. You may heard that it was NVidia CEO’s quip that sparked the rally. Don’t be fooled. Howard Marks made a series of short videos discussing several basic concepts …
September 7, 2024
TLC Weekly Update September 7, 2024
First week of September turns into a real shocker for the US stock markets according to FURUs and whatever Elliott Wave “seers”. Well, as I said it does not matter all these fancy analysis pointing to higher prices a week ago. What really matters are the risk factors outside of the bubble of financial world. …
August 31, 2024
TLC Weekly Update August 31, 2024
Two whole weeks of SPX trading inside the same tight range ended August with an up close above July close. What a well fought battle between the bulls and the bears. The crowd madness is so extreme that even after one of the largest customers of NVidia proven to have serious accounting issues, could not …
August 24, 2024
TLC Weekly Update August 24, 2024
Another interesting week of roller coaster ride at a smaller scale, ended with Powell saying what everyone knows already. Yet the US stock market reacted as if it does not know about it … crowd madness at its best. Howard Marks’ latest “Memo” provides many good points to consider for navigating the current market environment. …
August 17, 2024
TLC Weekly Update August 17, 2024
Another wonderful week of extreme intraday volatility that ended with option expiration Friday closing near the high of the week. This proves how surreal the US stock market really is – nothing more than a casino with all these money chasing after the next game available. So here we go again with more FURUs coming out …
