Bull against bear
Financial markets, macro economics, politics and everything else concerning the global markets. The writer is a long time investment banking operative in the nordic markets. The blog is usually updated once a week with specific trading advice. On a monthly basis, the goal is to provide a strategy update. In addition to that, there will be posts of more general content, housing bubbles, investment strategies and more.
Update 9/24
The previously suggested strategy to buy dips in the market seems to hold well. I have been succesful trading .5% swings. It seems like the market sentiment is a bit too positive at the moment for the market to make another sustained up move just yet. We probably need to see a bit of a flushout beyond these sideways consolidation movements as well as a new trigger, like q3 earnings. Sell rallies and buy the 2% dip.
No comments:
Post a Comment