You Can’t See What You Can’t See!
And I didn’t. See it, I mean. When developing the strategy for the bear book, I saw that using the MACD as an additional indicator for the ITM bull strategy gave better results in a sideways market. It avoided being whipped in and out of trades, so I backtested on this basis. Later, I decided […]
Trading The Bear!
In The Money: Bear Trading Strategy The new book in the In The Money series has been published! It dovetails with the ITM Bull Market Strategy (the original book) and shows how you can use the bear market to increase your accounts rather dramatically. Learning to love the bear Usually people fear a bear market […]
And So It Goes On . .
And so it goes on . . ! The bull market, I mean. It’s not making new highs but its only 0.35% away from its all-time high on Monday. Interestingly, there is still a lack of euphoric headlines. Any headlines that mention a new high (and in recent weeks sometimes we have had a new […]
Giant Stock Market Crash!
Giant Stock Market Crash! Except it wasn’t. The SPY got over its recent wobble, and is making new highs again, closing at $459.25 on Friday – although you wouldn’t realize it from the financial press or, indeed, any other press. We may well be in euphoria, but it is the strangest euphoria I have encountered. […]
Did The Bear Bounce?
Did the Bear Bounce? The September volatility was a bit of a shock; the market had lulled us into a false sense of security. But let’s keep things in perspective: from the high on the 2nd September (453.19) to the low on the 4th October (428.64) the market tumbled 5.4%. That’s not even a correction […]
Is It A Bear?
Is it a bear yet? Not yet. SPY will have to drop to 362.40 before we are in a bear market, which is defined as a drop of 20% from recent highs. Right now, it is not even a correction which is a 10% drop. But we have dropped 5.3% since the recent high of […]