RSSArchive for 2019

Trade 162 Post Xmas Week Ending 27December

Trade 162 Post Xmas Week Ending 27December

That Was The Week- Another Bump Up Fellow traders-is anyone seriously short here? We have now seen 11 consecutive up days. I believe the running count of up/down to be 134 up against 114 down. That, for my money, is a little skewed but with only 2 remaining trading days it’s of little value. The […]

Xmas Week- We'll Be Back With Trade 162

Xmas Week- We’ll Be Back With Trade 162

Impeachment, Election, Global Environmental Issues New Governor at B of E,Interest Rates -All This Week- Phew! (Eu)phoria- see what I did there? I believe we had a big old bump out of boredom. Politics- we’re all worn out. Interest rate? No change, yet again. The planet? Hard to process the immensity of ongoing disasters, deeply […]

Trade161 Week Ending Friday 13th December

Trade161 Week Ending Friday 13th December

That Was The Week We were awestruck at the movement of the FTSE250,  at one point up >5%. The listings on this index are the more local businesses, and reflect the UK economy more so that the FTSE100. Boris, it seems, has inspired the money people. Exuberance or smart money? I believe there is a whole groundswell […]

Trade 160 Week Ending 06December

Trade 160 Week Ending 06December

Whoa! Bit of Action This Week. We saw dramatic moves this week, from  7400-7131 to 7240.  Options prices reflected this, as Tuesday saw a big tumble and volatility spiked up. Personally I was looking to close out all positions for the upcoming election week. This created a delay until Friday FTSE arrived at my ‘sweet […]

Trade 159 Week Ending 29November

Trade 159 Week Ending 29November

That Was The Week- Ups and Downs We gloss over the sad events in the news and focus on the finances. Politicians in the lamest ever assembly of lame duck politicians in a one legged race, will note the market trundles on regardless. I highlighted a while ago the massive open interest at 7500 calls. That […]

Trade158 Week Ending 22November  Still Winning

Trade158 Week Ending 22November Still Winning

That was the Week -Some Helpful Action We had another quick juicy win this week as the old crystal ball proves its worth. For the avoidance of doubt I have no idea where the market is headed. Traders should always understand there are way too many factors in play. We may have a vague notion […]

Trade 157 Week Ending15 November

Trade 157 Week Ending15 November

That Was The Week When Nothing Happened Market watchers lament the death of volatility, and note the going-nowhereness of the UK market. However we see new highs in the US. Curiously our winning trades needed the drop.This was delivered, predicated on a strong pound/totally random unconnected events. Crazy times as we know a 100 point […]

Trade156 Week Ending 08Nov

Trade156 Week Ending 08Nov

That Was The Week -We Ground Higher, Then Dropped Impeachment, drop out MPs and yet the financial markets grind away. So the S&P up 23% FTSE 9% YTD. And we just saw the S&P hit an all time high. Life’s good-borrow for nothing buy the dips. What could go wrong? How about this?       […]

Trade155 Week Ending 01November

Trade155 Week Ending 01November

That Was The Week So, a wiffle here a wiffle there- typical grinding away with no direction. However, most of the time markets go nowhere, but we don’t mind as we do not have to pick direction. So how can we profit from market inaction? Time decay favours those who are premium sellers. Though we […]

Trade154 Week Ending 25 October

Trade154 Week Ending 25 October

  That Was The Week  Up 3%. While England Rugby Team Smite The Dark Lords Traders and Brexit watchers seem delighted with this week’s mayhem. So, kicking the can along the road is the number one game in town, yet again. How many times have we all thought, ‘I’ll hang on until the vote’. Thus […]