Back in a Bear Market
Back in a Bear Market (ITM Blog Special Update) My heading last time ‘Bad News for Bulls’ turned out to be prescient; for the last week, the market has not been kind to the bulls. After popping over the 200 day SMA briefly during the day, SPY quickly descended and resumed its downward momentum. Last […]
Bad News For Bulls
Bad News For Bulls What a year! Looking back at the blog post this time last year, we were looking at the ‘Santa Rally’ to see if it was a real thing. Let’s recap: Technically, the Santa Rally happens in the last 5 trading days of the year plus the first 2 trading days of […]
Timing the Market
Timing the Market Don’t try to time the market! Don’t miss the 10 best days! Stay fully invested! The warnings are coming thick and fast. The message? Your portfolio can suffer heavily if you miss even a few of the best days in the market, and you never know when they’re coming. Best to stay […]
Goodbye to the Bear?
Is it Goodbye to the Bear? Well, what a week. Or rather, what a crazy couple of days. On Wednesday, SPY closed at $374.13 and on Friday it closed at $398.51 – a 6.5% jump in 2 days! Crazy. Not quite as crazy as the Nasdaq (QQQ) which jumped 9.4%. And SPY, after closing well […]
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 […]