16th July 2012 - Bad news == Good news !

Ticker:

 

1. JPM, C

 

Topic:

 

1. Bad news good for its stock.

 

Lesson Learnt:

 

1. Sometimes bad news is much better than good news.

 

Intraday Chart

Historical Chart

20th Sept 2010 – I was WRONG again!

Input:

1. I am WRONG again with my market analysis.
2. I decide to take my SHORT in JPM off the table. Since I can be out at break even, let's not take any extra risk since the market is slapping my face already.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses
			$40.40

Reason for Buy / Sell / Sell Short / Buy Back:

1. Market rally after data released: http://stockaki.blogspot.com/2010/09/20th-sept-2010-this-really-shock-me.html
2. Refer to the SPY daily chart below.

Lesson Learnt:

1. For time like this when the data is flat (does not really show good news) it will still be treated as good news. "No bad news is good news".
2. The market can be insane, but HE is always right.

Intraday Chart

18th Sept 2010 – A study on Volume.

I hope the volume shown on the following charts are telling the Truth and nothing but the truth.

I don’t know what else to say if I am still on the wrong side of the trade.          

17th Sept 2010 – Another shot on the Dragon.

Now…. This is definitely not funny! Take me few cans of Tiger Bear before I called the shot.

Input:

1. Pretty much same for me to Short JPM.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses
13.15				12.65

 

Reason for Buy / Sell / Sell Short / Buy Back:

1. Pretty much same reason for me to Short JPM.
2. FAZ has been staying at the range of $13.00 for 4 days already.
3. MACD bullish up.
4. Long term chart shows double bottom and looks like a bottom isolation island.

Lesson Learnt:

1. Pretty much same reason for me to Short JPM.

Intraday Chart

Historical Chart

17th Sept 2010 – My daring SHORT on JPM.

Now… don’t do this at home without your parents guidance. It can be lethal.        

Input:

1. This is a tough call. I am actually trying to find and predict the TOP. Might not be a good thing to do at all.

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses
		40.80		41.56

Reason for Buy / Sell / Sell Short / Buy Back:

1. Short term chart shows weakness. MACD trending down.
2. SMA(20) curving down.
3. Short term up trend line also been punch through.
4. Long term chart shows big resistance by 200MA and 50MA line.
5. Long term chart candle stick looks like a isolation island to me.
6. Short term SPY chart told me that I should be safe to go in now.

Lesson Learnt:

1. I think it is safer to short at this position.
2. I found that many stocks (even other than financial stocks) are making lower high and lower low.
3. Even though few financial stocks are making high but they keep on been cap down by resistance. Can't really go much higher.

Intraday Chart

Historical Chart

16th Sept 2010 – Another cutting on NanYang.

These are cutting on Lehman, GS and JP Morgan.

If you have bought in GS and JPM when it dipped, you will be ok now.