Mkt sentiment WW34

thanks to Friday rally, DOW able to regain some lose, but this week still end with red. S&P500 loss -0.66%, with only utilities show positive


By pbkian at 2010-08-28

DOW show solid rebounce on Friday with higher volume, hope next Monday the bull continue to rally, at least untill NFP.


By pbkian at 2010-08-28

Winning Trade

Able to buy when SPY rebounce, a bit late of entry but that was to confirm a reversal.
bok 5 contract, take profit on 4 then let 1 for profit run.



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Mkt sentiment WW33

Dow end negative this week, Material sector continue to bull. How silly i watching the bond keep rising, the yield keep flattening, this should be enough to tell me investors are throwing money from equity to bond market, seeing daily volumn getting below average, but i still believe market will rally.... silly i.


By pbkian at 2010-08-22

technical wise DOW below the 50DSMA again. Friday end a hammer look, will it mean a rally on monday ?


By pbkian at 2010-08-22

Mkt sentiment WW32

Another volatile and negative week for the market, good earnings but traders and investor biase on economy data, DOW touching 10700 level few time within week but unable to break out from it, stubborn me keep loading CALL without any hedging or insurance buy,,,another lesson learnt for me.
Dow rest nicely on 50 DSMA line ( red ), expect a technical rebounce next week, a break down will just confirm anohter bear win for to head new low.



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Mkt sentiment WW31

choppy week, end up with 1.8% gain, Friday a lot of trader counter hit stop and market refuse to go down, ramp up in the afternoon, DOW end with a dragon fly doji, means an upleg next week ? This market really not suit the option trader.. psychology are tested again.

Mkt sentiment WW30

choppy market we have, but looking back, July month is a positive month after a hoohah May and June typical bear market, the old tradition sell in May seems repeat year after year, and after this is bargain hunter enter the market..

seeing the DOW this week performance, looks like market refuse to down. Friday end with a crucifix type log leg Doji, a potential upleg for next week ?
Next week start Aug month, we have economy data of employment rate and non farm payroll, another volatile week ahead.

DOW

By pbkian at 2010-07-31

S&P500


Seeing the sector, Material and industrial are the big gainer. S&P500 gain 7% for July month, very promising as compare to June.


By pbkian at 2010-07-31