Portfolio Update: Buying S&P Puts
When I restarted the Portfolio Performance page due to recently opening up a new fund in HK, I said that I will mainly update the blog about funds movement and performance and not focus on trades anymore. Keeping that in mind, every once in awhile I will also update the blog on a few [...]
The TSX dot V, AKA the playground where players trade the most speculative Canadian resource stocks, looks good for now. Trend line broken, price above EMA 50, MACD positive and daily AROON uptrend. The major downtrend would only be broken with a rise above the down-sloping EMA’s 200 and 400, however. http://www.biiwii.blogspot.com http://www.biiwii.com
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Following the post I wrote regarding equities (Article: Possibility Of A Correction Approaching) on Wednesday, I received quite a few emails that were questioning my bullish outlook despite writing about a sell off. I also noticed some forums and blogs used the article as a proof that a bearish outcome in stocks is about to [...]
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Today’s chart of the day focuses on AAII Sentiment also known as opinion of retail investors. This weeks reading came in showing 49% bulls and 17% bears. Now, the spread came in at 32, which according to my chart is now extreme territory. On top of that, 17% bears one of the lowest bearish readings [...]
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