15th Mar 2020 - Where is the spirit of GoLD?

Reason to Watch

• Gold is supposed to go up when stock market crash.

Lesson Learnt:

• If you think when the market crash, the GLD will go up! Think again!
• Why?

Intraday Chart

Historical Chart

15th Mar 2020 - You want rebound? You got it!

Reason to Watch

• Watch for the direction.
• My good friend 财神爷 asked when to start invest, I told him I expected a short term rebound now.

Lesson Learnt:

• The rebound did break through the long term trend line. Very interesting.
• It now stays just above the MA line of 231.72.
• How long it is going to last?

Intraday Chart

Historical Chart

15th Mar 2020 - Put on your mask... we are going for a wild ride!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses
$11.96 12th Mar 2020

Reason to Buy

• Have been monitoring it for a while since the outbreak of COVID-19. It is a company making a mask.

Lesson Learnt:

• This is a high-risk stock play.
• Can only hope that there will be more demand for masks from this company.
• I am sure you will not like the long term chart.

Intraday Chart

Historical Chart

9th Mar 2020 - How low can the yield be?

Reason to Watch

• US bond will indicate where the stock market will go.

Lesson Learnt:

• It is interesting how the yield behaves. What does it mean? How much lower can it get?

Intraday Chart

Historical Chart

8th Mar 2020 - Quarantined? Don't worry, ZooooooM !!! ... video conference.

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses
$109.77 6th Mar 2020

Reason to Buy

• The quarter result was good.
• With the virus running around, video conference for workers who work from home will be the next trend.

Lesson Learnt:

• I was about to chase it a day before after it announced its quarterly report, but I stopped myself from doing that and it proves that it is the right thing not to do.
• I was setting the purchase line slightly below the trend line, but somehow I moved it slightly above the trend line. That is a bad move. I could have gotten it much cheaper.

Intraday Chart

Historical Chart

8th Mar 2020 - How can you rely on just one biotech company for vaccine!

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses
$28.05 6th Mar 2020

Reason to Buy

• 师父 just mentioned on Friday breakfast that watch out for two counters (GILD and MRNA).
• https://news.yahoo.com/inside-story-10-billion-biotech-192800845.html

Lesson Learnt:

• This stock is similar to GILD. They move slowly and always look very weak. However, when the market opened yesterday, DJIA tanked immediately by 3% below the second support trend line that I drew, but MRNA stock shot up by more than 4%.
• Since I know market is terribly weak, and this stock is always weak, I set the purchase line lower. However, the fact proved that the purchase line can actually be much lower.
• Anyway, so far, looks like it is a good thing to catch it.

Intraday Chart

Historical Chart

4th Mar 2020 - Hard to get A+ on this exam.

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses
			$82.04 3rd Mar 2020		profit

Reason to Cover

• The bounce-back capability of this stock demonstrated yesterday is stronger than I expected. It is time to protect more on my profit

Lesson Learnt:

• I actually moved down the cover price just to make sure my profit is more.
• FED actually came out (outside of their scheduled time) and cut rate by 0.5 after I went to bed. Great that I protected my profit more, else it could have kicked me out around $85.00.
• Anyway, the market turned back down even though FED cut rate.

Intraday Chart

Historical Chart

3rd Mar 2020 - Who said oil always float above water level?

Reason to Watch

• It is now all-time low. It has even dropped below its long term support line and the line now becomes resistance line.

Lesson Learnt:

• It is terribly weak. It looks like there is more to drop rather than more chance to go back up.

Intraday Chart

Historical Chart

3rd Mar 2020 - My A+ has become A-

Reason to Watch

• I am still holding the short, but the price is threatening my profit.

Lesson Learnt:

• Let's see whether it can poke through the second resistance line. I have to admit that it is quite strong.
• Let's see whether the "money flow" statistic is reflecting the right picture of not. According to the chart, selling seems to be more than buying.

Intraday Chart

Historical Chart

1st Mar 2020 - Who dropped my GoLD?

Reason to Watch

• After I sold it just before the market crashed and it went up higher.

Lesson Learnt:

• Now it shows a very bearish engulfing pattern with extraordinary volume when the market is crashing.
• What is it trying to tell us?    https://www.marketwatch.com/story/theres-a-simple-reason-that-gold-is-falling-along-with-coronavirus-afflicted-global-stocks-2020-02-28?mod=home-page

Intraday Chart

Historical Chart