Vendy's Journal of Life

Ok … starting this week, I’ll start writing regularly on weekly analysis of the currency market, stock and other financial markets every week. As we can see together the last week was a horrible week for financial market. A pesimism dominates the market, while traders play some hit and run trading as mounting worries about the euro region’s debt problems. A strong rebound always followed by massive sell one day after that. Its happen both on stocks market arround the world and euro currency. This is usually not a good sign for economy…

Still same like what i mentioned last week in my post, S&P 500 index will test two major support (you can see on the chart below). But the price already on the first support line. Read more…

As I had on my earlier post, May is not the time for holding the position of buy / hold on the stock. Research based on the seasonality Analysis of Stock Trader’s Almanac proves that the strategy of buying stocks in October and sold it in May proved to generate much larger profits than we apply the buy and hold strategy (ala Warren Buffet). I myself have been holding PUT Option positions in the shares. One of mine is the stock AAPL (one of my favorite stocks). Here is a chart of AAPL

Read more…

Index seems to hold enough from wave of selling this Friday. But the chart seems to form a pattern that has the great potential to bearsih although still possible for a rebound.

S & P 500 has to pass through support in 1030 if the Bears want to win the battle Read more…