An Inverted Yield Curve has historically been a reliable signal that a Recession is on its way! You get an Inverted Yield Curve when short-term yields are higher than longer-term yields.
The Dow Index dropped over 460 points today Fri Mar 22 2019. The S&P Index fell 1.9% and the Nasdaq dropped 2.5%. The Russell 200 fell over 3.6%.
Click on this link to visit the Nasdaq website and view the Stock Market Indices.
Video is courtesy of The Money GPS YouTube channel
A drop in the Stock Markets on a Friday
is NOT A GOOD THING!
People will have Sat and Sun to get worried. When Investors get worried they tend to Sell. I believe that Monday Mar 25 will be another down day in the Stock Markets.
Next Monday’s drops should be greater than today’s drops.
Posted by: Vincent Banial
This is one way to possibly forecast how the US Stock Market (Dow 30 Index) could be doing. Check a Historical DOW30 Index chart to see when the Peaks occurred. Then check the Sunspot Cycle chart below.
Sunspot chart is courtesy of our friends at NASA at the Marshall Space Flight Center.
Sunspots run in cycles and In My Opinion so does the US Stock Market (your mileage may of course differ).
Posted by: Vincent Banial
Disclaimer: The above is not meant as Financial or Investment advice. I am not a registered Financial or Investment advisor. Do your own Due Diligence. Always seek out the advice from your own Financial and Investment Professionals before placing any bets at the Financial Markets casinos called the Stock Market. You can lose money, possibly all of it, when buying and selling or trading stocks. The above is not a recommendation to buy or sell the DOW30 Index or any other stock. The above post is for Entertainment purposes only.
Wow, what a reminder. I have not traded stocks in far too long. Last night I tried setting up some charting software. Checked my old trading PC.
Today I setup a laptop which will be dedicated to Trading and Investing. Everything worked. A lot of very fond memories came flooding back. Some of the stocks which I had played in the past were in play today – up over 10%.
Level 2 Bid Ask screen was a joy to see again. I never realized how much I missed doing this.
My trading was based on self taught Technical Analysis. Research is something that I had learned to appreciate when I worked under at IBM Head Office. Research can open doors. Trading and investing is essentially psychological and I know a fair bit about that. Spending time researching obscure trading ideas paid off. Now all I have to do is refresh the memory cells.
It was funny looking at charts, some of old thinking came back.It’s about playing when the odds are in your favour and sitting back and “doing nothing” when they are not. People generally over trade, because they miss the thrill ( I understand that one today) or they want to pay the market back after taking a loss.
Anyhow, the trade got filled. It was a real buzz watching the Bid Ask Level2 to get an idea where the price was gonna go.
I can’t believe how much I missed this.
Have to get AmiBroker setup (love that software) and other pgms. I even have thoughts of setting up my Trading Room again.
Look for more Trading and Investing oriented posts.
One Penny Stock which I had played in the past (no longer own shares of it) was ULI.V UltraLithium trading in Vancouver. It came up on my brokers screen (I think that years back I had added it to the watch list). I’ve included a link to a chart of ULI.V, thanks to the good folks at StockCharts.com. ULI.V would have been a really nice trade in Feb 2016 when the Moving Averages crossed. Moving Average crosses do work, but I would have confirmed that signal with other stuff like the Commodity Channel Index behaviour. Just click on the link below to view the chart of ULI.V
I feel like a kid being let loose in a huge Candy Store.
Sorry. I will do better next time with having separate posts for Updates.
Updates to my trading CSCO and FEYE have been posted at the bottom of the prior post. Just click on this line to get you to that prior post.
An interesting lesson occurred.The FEYE stock price reversed and hit my Sell Stop last Friday. Today (Mon Apr 20) FEYE reversed and rose back up again, rather nicely. It closed on Apr 20 2015 at $42.43.
I have found that sticking to one’s Sell Stop allows one to stay in the game. Yes, I suffered a small loss by selling. Next time a Sell Stop may save me from a huge loss. You cannot win at this game without having losing trades.
Okay, where the heck did I put that bottle of Bourbon…
Posted by: Vincent Banial for Uniquely Toronto
Disclaimer: The above is not meant as Financial or Investment advice. I am not a registered Financial or Investment advisor. Do your own Due Diligence. Always seek out the advice from your own Financial and Investment Professionals before placing any bets at the Financial Markets casinos called the Stock Market. You can lose money, possibly all of it, when buying and selling or trading stocks. The above is not a recommendation to buy or sell CSCO or FEYE or any other stock. The above post is for Entertainment purposes only.