20th December 2023

The past 6 weeks have been some of the best trading conditions in a long time and most certainly my best gains for the year. However, People had all year to buy, yet now the S&P500 is up over 20% YTD and big tech has doubled from lows, everybody’s fighting to get in. Latest stats show the largest inflow of money into SPY ever and even the most bearish analysts are turning bullish. All whilst

Read More

19th December 2023

The chase continues, with institutional investors slamming the bid on the Mag7 as the desperation to show something, anything, at year end. I hope you take these past few months to remind yourself once and for all that “big money” doesn’t mean smart and is often far from it. I will remind, once again, most cannot even beat the benchmark S&P500 over any period of time. Moving on… As we remain short term extended in

Read More

18th December 2023

China finally saw a pop from our entry at local lows $70.24, sentiment remains extremely bearish yet buying saw an uptick. Another name that remains hideously undervalued is JD, pushing 10% from lows in 3 trading sessions. However, Chinese equites traded lower through Mondays session and KWEB has now gaped down 1adr. Markets are still short term extended but doesn’t mean individual names can’t move. My thoughts towards the end of last week remain the

Read More

15th December 2023

The rally continues with thick and broad buying into multiple groups and asset classes. Whilst the indexes remain incredibly extended and a pullback is most certainly coming, individual names continue to setup and breakouts continue to show follow through. I will continue to trade this rally for what is, yet fully aware the conditions are not as strong as portrayed. A move into strong FCF names which are able to present a yield and modest

Read More

14th December 2023

Enormous move in equities yesterday as the fed remains dovish and interest rates remain the same. IWM has now put in a 3ADR move in under 24 hours, SPY and QQQ reach extreme extensions, AAPL new ATH close and DJI new ATH close. A long way from “the world is ending” just a couple of months ago. I am currently in 4 positions and will look to peel off size with the intention of adding

Read More