Recent Posts - My Stocks Investing

S&P500 ETF (SPY): Expect Correction

Post author:Marubozu
Post published:December 2, 2014

S&P500 ETF (SPY) is currently trading within an uptrend channel but expecting to retrace after hitting the channel resistance.

Current PE for Russell 2000 is 18.2 (over value).

Base on past SPY chart pattern, it is not so easy to trade due to the following:

SPY is at historical high, it is risky to long at high.
It is also risky to short at the current level because SPY is still on uptrend. It will be a counter trend trade if short at this level.

Original post from My Stocks Investing Journey by Marubozu.

Russel 2000 ETF (IWM): Trend Reversal!

Post author:Marubozu
Post published:December 2, 2014

Russel 2000 ETF (IWM) showed a Three Outside Down, reversal pattern, after getting near to the all time high level. Watch out for a start of down trend. 200D SMA support is at $114.

Current PE for Russell 2000 is 50.41 (over value).

Base on past IWM chart pattern, IWM has nice tradeable pattern in two directions (up trend and down trend).

Original post from My Stocks Investing Journey by Marubozu.

Thanks Giving Day: Crude Oil Futures drop more than 10%. Big Trouble Ahead?

Post author:Marubozu
Post published:November 30, 2014

This is abnormal! Crude Oil drops more than 10% when everyone is complacent and on holiday mode. Stock Market keeps going up but Treasury Yield keep dropping. Next week will be a very good lesson for all the retail investors!

Retail investors have NO chance to run if there is a sudden drop in the share price. Big guys still can trade “after trading hours”.
Stock Market can be manipulated and give everyone an illusion but something already happening quietly somewhere. Check the Yield Curve!

Sit tight and watch the show!

To those retail investors and newbies who believe into those “Get Rich Quick” class and believe it is very easy to make money from the stock market by just copying someone’s proprietary trading system, please think twice! There is no free lunch in this world because even Warren Buffet and Carl Ichan can lose huge money in the stock market.