Dear Trading Diary: Last week was a landmark one for me. The first this year, in fact. First, several markets I had been stalking sprang to life which kicked off major campaigns that I had been planning for some time (patience is often a virtue
Category: Tramline Traders
Dear Trading Diary: The new crypto Fartcoin has been getting a lot of press lately – and no wonder. It has reached a staggering market cap of $1.5 Billion despite it being just one of thousands of minor coins out there. Of course, it was
Dear Trading Diary: Kicking off the New Year, US stocks are coming off highs as I expected. Last time I showed a convincing five down/three up off the Nasdaq ATH on 16 December that pointed the odds to a major trend change to down. Of
Dear Trading diary: At this time of the year it is customary to assess the year’s trading performance. Yes, I managed to latch on to some superb lengthy swing moves especially in Crude and Gold. I managed to catch the highly unexpected Gold breakout at
Dear Trading Diary – I asked that question as the heading of last week’s blog. Today, I am much more confident I had nailed The Tops. Of course, I could not have huge confidence I had located the top of the greatest bull market in
Dear Trading Diary: The Nasdaq tech oxygen is getting thin up here! And the Dow is showing signs of exhaustion as it peels away from my line in the sand trendline (see below). Another tech boost came from the prominent AI supplier Broadcom that reported
Dear Trading Diary: Is Bitcoin and the other cryptocurrencies another inherently worthless asset that has captured the imagination of ‘investors’ in their frenzy to exchange fiat dollars for a few lines of code that they ‘own’ (but cannot spend)? For the true believers that is
Dear Trading Diary: Yes folks, the US federal debt is exploding and just the interest payments are now $1 Trillion a year – and climbing. Trump cannot change that direction – yet not soon That represents about 3% of GDP and greater than the military
Dear Trading Diary: There was a lot of sound and fury in US share indexes last week with large swings and that huge churning tells me that a lot of rotation out of the market by professionals and into the hands of the eager Mom
Dear Trading Diary: It is almost two weeks since the Trumpquake and already he seems to be serious about draining the Washington swamp with his ‘controversial’ (aka usually effective) appointments. But he is dealing with the well-anchored leftist blob and it would be almost a
Dear Trading Diary: Like my left/right inference above? I was not the only one caught off guard by the crushing Trump come-back and took a few hits to my trades, but by using my trusty Break Even Rule, the damage was well contained. That BE
Dear Trading Diary: Don’t say I didn’t warn you. Last week I highlighted the VIX Fear Index and how it was being well supported despite new ATHs in the major US indexes. It is highly unusual to see the VIX trade above the 20 level
