Did ITM Beat The Market?
Did ITM Beat The market? I have been getting some queries about how ITM has been performing (some of them less than pleasant) so I decided to review all the trades that we have made since the book was published on 24 Sep 2020 and see what the up to date performance has been. The […]
The Bear Market Rollercoaster
The Bear Market Rollercoaster. OK, so photoshopping isn’t my strong suit! But you get the idea. This has been a roller coaster of a week! In fact, a crazy fortnight with SPY dropping below 350 and almost hitting 380 (intraday). That’s a swing of almost 10% – enough to unsettle the most phlegmatic trader. The […]
Following the Rules
Following the Rules This year has been the most frustrating year I can remember. The market just will not behave and decide where it is going, which is really annoying. I remember that last year I was complaining that the market was boring. What I would give for a boring market right now! Bulls in […]
Trading the Bear Market
So the Bear Won! There’s no doubt about it: we are in a bear market. The special edition of the blog on 22 September gave an alert that SPY was in bear terriory, and it has been downhill since then. All three major indexes are in bear territory, albeit starting on different dates. Which bear […]
The Bear Is Back
Back in a Bear Market. There’s no doubt about it; last night’s market drop has put us right back into bear territory. SPY closed at $377.39 which is quite definitively under the Bear threshold, see the chart below. All four conditions for entering a bear trade have now been met, so if you wish to […]
Ready To Take Action?
Bear Market Signals As I sit here waiting for inspiration to strike, the lyrics from the theme song of Friends, the 90s sitcom, keep going through my head: ‘It hasn’t been your day, your week, your month, your year’ That’s what it feels like! For most of this year, we have been sitting on the […]