Trading Results
Investment & Trading Report Card – Dec 11 and Year 2011
2011 has been a tough year to trade, especially for trend following strategies. Post August 2011, the market has been volatile with no clear indication of direction. Only Dow Jones closed the year on a slightly positive note while the rest of the European and Asian indices were negative.
Equity Markets
+4.49% (Dow Jones Industrial Average)
-1.12% (S&P [...]
Investment & Trading Report Card – Nov 11
Olympus was hit by accounting scandal. Unlike MF Global, Olympus did not filed for bankruptcy. It hid its debts for many years but its business is still afloat. Being the world’s largest endoscope maker, the company still has a foothold in the market. I see this as a temporary problem and it would turn around [...]
Investment & Trading Report Card – Oct 11
The stock market has risen for the past 4 weeks and the ‘good news’ from the European Summit boost the stock markets by 3-4% on 27 Oct 11. And the market is also expecting China to step in with rescue funds for the debt-ridden European economy. The 50% write-downs on Greek debts will be bored [...]
Investment & Trading Report Card – Sep 11
As mentioned in my previous month’s report card, I had sold my stocks and stay cash for the moment. I am having bearish view on the market as I see many resistance for the market to break in order to resume the bull run. Europe is really in a bad shape and based on the [...]
Trading Report Card – Aug 2011
Currently, I am long term bear and short term bull. But to play safe, I will do both long and short trades. Long the stronger ones and short the weaker stocks. Compared to Jul 11, I have traded much less stocks in Aug 11. This is due to the high volatility in the market. Higher [...]
Trading Report Card – Jul 2011
The first part of Jul 11 was pretty bullish after the doldrums in Jun 11. It was especially so when Greece passed its austerity measures. But the market remained uncertain in the later part of Jul 11 when US did not come to a resolution regarding its debt limits.
Open Trades (Current prices are based on [...]
Trading Report Card – Jun 11
The market was in doldrums for most part of Jun 11. I was net long on many positions which resulted in many losses even though I tried to minimise them. The market was still on an uptrend and I saw it as a correction. I was trying to time the resumption of the uptrend but [...]
Investment & Trading Report Card – May 11
Investment
The market has been range bounded for the entire May period. Silver came down to $33 from a high of $49, a 33% drop. I saw the opportunity to buy more silver but was waiting the market to be less volatile. I managed to bought more at $36 after the volume on iShares Silver ETF [...]
Investment & Trading Report Card – Apr 11
Investment
The market has rebounded a little in the month of Apr 11. The unusual thing is we start to see penny stocks like Dyna-Mac, Tuan Sing and Fragrance jump up by double-digit percentage. Silver also continued to reach new highs. I used some leverage for some of my investment stocks and have decided to wind [...]
