The Trend Rider

market strategies and personal optimization

Saturday, 24 October 2020

The market continues to be bullish and it will continue to be bullish as long as the SP-500 continues to close above 3400.


Posted by Mr.K at 15:34 No comments:
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Friday, 23 October 2020

"At first, I thought that intelligence was reality and price the appearance, but after a while I saw that price is the reality and intelligence is the appearance."


 TRADING 

Posted by Mr.K at 08:48 No comments:
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Tuesday, 20 October 2020

A history of bull markets.


Based on history, this bull market is still in it's early stage. With Fed's commitment to low rates and aggressive support to the economy, corrections are buyable cyclical events within a secular bull market.

Posted by Mr.K at 19:29 No comments:
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Sunday, 18 October 2020

The S&P-500 chart is bullish and the market is strong for now, but it looks like it's waiting for its stimulus check. Stimulus has become the new drug and the search for a fix continues.

This pullback seems normal, so far, and the bullish case is still intact as long as SP-500 remains above 3400.

Posted by Mr.K at 08:58 No comments:
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