Good News on My End and Happy Easter Everyone!

March 30, 2018 I just want to say Happy Easter to all my followers. Thursday was an awesome day on two fronts. The market shot higher and I got my keys to a new home I have purchased in Silicon Valley. We sold our condo for almost 100% gain, since purchasing it in Feb 2008 […]

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Another Whipsaw Kinda Day

March 27th, 2018 I am writing this blog a little early (11 am PST), mainly because I am done for the day. Made a few trades shorting ES overnight, got 6 ticks, and again during RTH (Regular Trading Hour), I sold some ES Naked call options March 29th strike 2715-2720 (closed already for 50% gain) […]

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FOMO Much?

Daily Blog 3/26/2018 So, last Friday, it’s as if Armageddon was upon us. NQ (QQQ), YM (DIA) and ES (SPY) all printed around 2% losses. So, over the weekend I couldn’t stop refreshing my twitter feed, to gauge the sentiment, and ‘oh boy’ was it bearish. I even saw a few perma-bulls, willing to short […]

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Tides are Turning: A Daytraders View for 3/23

March 24th, 2018 As I reflect on the weekly action of the stock market for the week of 3-19 to 3-23, it only reminds me that you need to be nimble in this market environment. I have been a full-time trader for over a year now, and I was spoiled in 2017. In 2017, I […]

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Don’t Expect a Hand Out In This Market

March 22nd 2018 If you trading for a living as I and my online chatroom friends (Pete, Ilja, Caleb, Vinny) do, what do you expect to gain on a day like today? Certainly, as daytraders were all busy finding bottoms from the technical breaks, taking small wins in a seemingly endless sea of red ticker. […]

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March 21, 2018 Daily Thoughts

March 21, 2018 Daily Thoughts Fed Chair has Spoken, and the Market was Bipolar About it What was seemingly turning out to be a decent day before the fed rate hike announcement, at 11am PST, the Fed did indeed deliver a .25% hike (1.5%-1.75%). Nothing out of the ordinary and the market ripped higher, then […]

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All Eyes on Fed Chair Powell Tomorrow

March 20th, 2018, Another day of  just watching the market action with my friends, Ilja, Pete, Vinny and Caleb. Small group of very like minded traders and quite smart in their own rights. I have been trading for 20 plus years in the equities market, and I am never too old to learn a few […]

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Market is Trying to Tell US Something

As we enter the week of March 19th, 2018, we were reminded that the market is watching Trump very closely. All his tweets are tabulated, all his rhetoric categorized, and analyzed. Having said, that market went lower to reflect the new reality, it’s going to be a very volatile 2018. Futures were slammed lower and […]

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