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Soumens Journal

  #11 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24

SP 500 2730 +28
Short it
Here is a chart:


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Can you help answer these questions
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  #12 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24

CL may continue its upward movement. I wonder how far it could go before hits a resistance.


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  #13 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24


This could provide a buying opportunity for oil.


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  #14 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24

Short SP 2680.5 +10.5


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  #15 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24

Good luck and I wish all the best to the market. DOW is up 600 points SP up 60. I am just stubborn.

Engineered market.

"Seemingly dovish, Powell says interest rates are ‘just below’ level where they won’t stimulate economy"
https://www.marketwatch.com/story/seemingly-dovish-powell-says-interest-rates-are-just-below-level-where-they-wont-stimulate-economy-2018-11-28


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  #16 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24

SP was up 60 points today. Futures (Thursday) are down 6 points now. So, at this rate it will take 10 days to wipe out 60 points rally. Obviously I am not counting the probability that Trump might just bad mouth Powell in between and Powell might just deliver another 'dovish' speech that would generate another 60 points rally. This is a new economic era we live in. However, next time I will not try to make 'early' call and instead go with my gut. Obviously Fed is irresponsible in its activities and fueling the volatility in the markets. Trump is doing it as well but it is expected from his style.

"Did Fed’s Powell ‘light the fuse’ for a year-end stock-market rally?"
https://www.marketwatch.com/story/did-feds-powell-light-the-fuse-for-a-year-end-stock-market-rally-2018-11-28

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  #17 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24

Oil surges on U.S.-China trade truce, plans to cut output

https://www.reuters.com/article/us-global-oil/oil-surges-on-u-s-china-trade-truce-plans-to-cut-output-idUSKBN1O201K?feedType=RSS&feedName=businessNews&utm_source=Twitter&utm_medium=Social&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

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  #18 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24

I am ever optimist!


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  #19 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24

Not there yet but will be in the green someday!




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  #20 (permalink)
soumen
Dhaka Bangladesh
 
Posts: 50 since Sep 2018
Thanks Given: 6
Thanks Received: 24


Not there yet but will be in green someday. Today may well be as good as any day.


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Last Updated on February 6, 2019


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