Doug Casey explains that the influx of day traders/ amateurs investors will not end well- I agree with Casey- Many amateur traders/investors will not do well in the end- Luck will run out and skill will kick in- I already know people who lost money playing the bankrupt stock mania- Continue Reading
Investing
[Investing] 2020/11/20
Yay- Friday- Woke up early because of my son. But could not see the markets because he needed to be loved 😀 Swing traded #HL- 2% profit- Not bad- Can’t accumulate because miners may take a hit with tax loss harvesting. Just swing trading when I can- Sold some #NRZ- Continue Reading
[Investing] 2020/11/19
Another blessed day- Not much trading because I had to see a doctor- But was able to sell NAK at 1.3% gain and BRG at 3%- Nice swing trading- Given the market volatility- Need to sell and keep cash- Trump is coming back with vengeance and with more COVID19 lockdowns Continue Reading
[Investing] Swing Trading Oil Companies
With every news about crude buildup or drawdown, the oil price fluctuates and the oil companies go on a rollercoaster. My favorite oil company, Evolution Petroleum (EPM), has gone on a wild ride since the pandemic. As the price graph shows it has gone up and down, up and down- Continue Reading
[Investing] When Models Break Down
Nice article from Zerohedge talking about how Renaissance and AQR have taken a hit because of unprecedented times. Fed pumping money and Robinhooders going berserk will break any model. This is the danger of quant investing, the model will work most of the times but it will be ugly when Continue Reading
[Investing] 2020/11/16
Wow- This market can’t stop going up- With more positive vaccine news- The market just goes yayyyyyy- So I sold more- I sold some EPM which jumped 16%- Nice oil price bounce and vaccine news- I like EPM and will buy more later. Just sold what I can today, because Continue Reading
[Investing] How REITs Reacted to COVID19
NAREIT has an article on how REIT CEOs reacted to COVID19 and what they have learned. In sum, they were flexible and changed- Well- That was sweet and simple- Now, here is what I have learned following REITs throughout the pandemic- Cash is king. Many REITs cancelled or cut dividends Continue Reading
[Investing] 2020/11/13
Thank You Jesus for another blessed day- Markets didn’t move much. But my stocks did OK. #WPG is a distressed REIT that has caused a hole in my portfolio. It jumped 10% so I sold it- Wish I had bought more the day before but it is hard to time Continue Reading
[Investing] 2020/11/12
Another blessed day. Very sunny day- Lovely SoCal weather- Hope we get more rain so we have less fires- Markets did not move much- I had silver miners going up 4% so I sold AG. Gold royalty, EMX, was up 2% so I sold it as well. Swing trading working Continue Reading
[Investing] 2020/11/11
Another blessed day 😀 Not much action today- I just watched the market and put no trades- I am expecting gold miners to move up a bit- REITs will definitely go down once again as soon as lockdowns occur and vaccine optimism decreases- Time to load up again- I really Continue Reading