Hey guys, Energy sector finally seems to break free today following Crude. I hope it will stay that way with more follow up.
Buy some and hanging on, selling some calls this week to pocket some change.

As for general market (Dow,SP500,Nasdaq), it still within that range (between the 200ma and 50ma) but it will be volatile depending
the news of the day. Thanks for crazy Trump, he's causing the rift in the market but I think it is good opportunity to ride this wave.

Good luck to all.

There u go, crazy Trump threatens missiles strikes, good for Oil market!

Buying this dip, I think it still want to go test that upper 50ma line.

This post has been edited by danmooncake: Apr 12 2018, 12:42 PM

TWTR dead?? Nah... it has double since last year.

Give it some time. I think it wants to pull back down a little more to 24-25 then it will attract more buyers.

Hey guys, energy stocks finally making its move since last week. Now, much better correlation than crude.

This market is incredibly resilient... now broken free from the 50ma. The sky the limit again.

This market is quite resilient... sp500 tested that 200ma line again yesterday, and it was bought by bargain hunters.
So, we'll go up for another cycle again.

Unfortunately, tonight, investors are disappointed with the earnings numbers from Exxon (XOM).
It's putting a small dent here for the Energy sector despite crude prices are holding steady at $68.

I think with option expiration tonight, not much damage but need to watch out next week.
Hopefully, buyers will come back in and ignore last quarter numbers since oil prices already higher this time around,
earnings should be better next quarter.

Buy Buy Buy!
Crazy bull indeed, might as well ride this up.

Hey guys... bears want to wake up in the middle of June. Thanks to Trump for tariff implementation.
Opportunity coming...

Interestingly... it has bottom (around 30.xx) and seems to be moving back up.
Following KLCI, but one day behind. I think time to buy.

Hey guys, opportunity here again.
Bears are roaming.

Dow -831 pts (-3.3%), SP500 -94 (-3.3%), Nasdaq -315pts (-4%)

Crude also pulling back.. -2.3%, but still above $70.

Come 'mon... let's dip our toes a bit.

This post has been edited by danmooncake: Oct 11 2018, 04:22 AM

All right! BUY BUY BUY!

Hey guys, it's been two months now since we last seen the bears came out in Oct and Nov, took both down to -10% in correction territory but
we still haven't seen the real bear land yet. I don't think it will happen this year since we only have 3~4 weeks left for this year but we got a really good
bounce from the lows and we're back to were in mid Oct.

For those we rode the volatility, congrats.. all the juicy premiums were sucked out by now. For those who stay in the sidelines, nothing lose, nothing gain.

Oil still in bear territory but still hanging on the 52 weeks low area.

So, the question is where does the general market go from here? Who knows but something interested happened today.. treasury yield
for 2yr/5yr and 3yr/5yr went inverted. It's going to be matter of time before 2yr/10yr will do the same.. if happens, watch out for the 'R' word.




This post has been edited by danmooncake: Dec 4 2018, 01:48 PM

Tonight, the bears came out again, another bite into the supposedly tariff-delay rally that we had just 1 day ago. All the enthusiasm are gone now.
Looks like triple top now..

Dow really struggle to get back up there.. everytime there's a surge, they sell it back down.

Overnight, Malaysia KLCI also suffers... 52 weeks low. 2 years same level.

If it is not bearish enough, China arrested another Canadian for possible "national security" issue.
I think the market is wanted to take opportunity sell until we get a capitulation.

Hang tight guys.. we're going to re-test lows again.

Hey guys,

The market took out the Feb intraday low after Fed announced another 25bps rate hike. Earlier, everything was good, Dow rallied at the start but the market should already expected the rate hike but I guess the market didn't like the tone of the Fed chair because he didn't give more assurance about when the next 2 hikes will be in 2019.

Market sells off big again as if we're in recession already.
Bears are really in control this time.. we're off 15% from the but a lot of the majors like FAANG already in bear territory. Can't believe AAPL is at this low.

This new guy (Powell) is unlike Aunty Yellen or Uncle Ben.. didn't calm the market and doesn't give a damn.
Trump isn't happy about him, I think he's going to be replaced again.

Stay cautious guys... don't jump in yet.

I would not be surprise if AAPL goes all the way back all the way to even 120-130, which was the break out
from the early 2017 price. That would be pretty extreme bearish sentiments allright, with PE below 10.

Same thing goes for SP500, Dow, Nasdaq, all moves in almost tandem.. all taken to the woods to be fed
to the bears. All the times that we been waiting for the true Bears play, I think it is going to be here after the new year.

If we retrace back to early 2017 price, the entire so called Trump rally that started in 2017 will be erased.
During bear market.. just SELL (or Short) into rally to make money.

Or if you can't short, stay in cash also good and wait for the right opportunity.

One thing to note that the emerging markets (especially Asian markets, and Malaysia included) didn't sell off much the past 8 weeks as compared to US markets.

It could be signs that the emerging markets are carving the bottom here.

Let's see how it goes after the new year.