The S&P500 bottommed at 666 on March 6, 2009. The index now is almost at 3333, which signifies a 5X increase in the last 11 years. Prior to this multi year rally, the S&P500 went through 2 bear markets: in 2000-2002 and 2007-2009.
Copper is a crucial commodity because it is utilized in an enormous variety of applications – from the construction industry to motor vehicles, from household electrical goods to energy transmission. Hence, it is the world’s key industrial metal in terms of both volume and its influence on world markets.
To ensure longevity in trading, one must adhere to a set of risk management rules in order to keep capital losses to a minimum during harsh market conditions or a streak of bad trades. I am going to share my own risk management rules in this article.
Although the broader market is still flirting with records, the transport sector has struggled to recover lost ground—a potentially ominous sign for investors who believe transports need to rebound for the market to break higher. However, the last 10 years provide evidence that the bearish divergence between Transports and S&P500 does not necessary lead to market crashes.
This is definitely the trade of the week. Someone is expecting good things to happen into the year-end and he is betting a lot of money on the bullish break out. Let’s review this trade.
The bull-bear fight is on and it is still not clear who is going to win. This environment creates a lot of emotional swings leading to numerous fake break outs and break downs. Trend is my friend… but what do I do when there is no trend?
Ever wondered why there are so many orders on SPY for the same share quantity at the same exact price? Or how orders are coming in for $279 when SPY never traded at $279 today?