the brown pound
  • New Here?
  • Blog
  • Get in Touch

Weekly Highlights 4 [New Format] Market Roundup and Others

2/26/2021

0 Comments

 
I have been slacking off lately with my weekly posts. This is owing to the fact that I have been really pushing on my trading learning curve by spending most of my time watching videos from the pros, backtesting strategies and studying charts. Due to this, I will be changing my weekly highlights to focus more on market performance i.e. major indices and sectors, and anything market related to align my activities with my goals. I will still include podcasts and my usual weekly reads.

​

Major Indices


I am looking for a Trend Line undercut and a challenge on the 20D EMA. I have been kicked out on my trail stop losses in my trading accounts from this market pull-back and that's fine with me. Pretty much sitting on cash whilst looking for strong market performers resisting this sell-off.
​
Picture
QQQ - Nasdaq Composite
Picture
SPY - Standard & Poors
Picture
DIA - Dow Jones Industrial Average
Picture
IWM - Russell 2000
Picture
FTAL - FTSE All-Share
Picture
UK100 - FTSE 100

Leaders and Laggers


Rotation to cyclicals was the theme for the last few weeks. Oil and Gas, and Energy are the strongest sectors but these are the industries I don't normally trade. I am okay to miss out on this. The worst asset performer is Bitcoin; and Nasdaq Composite as the over-extended Tech movers retreats.

Picture
Sector Performance WE25.2.2021
Picture
Picture
Multi-Asset Performance WE26.2.2021
Picture
Screener: >300M Market Cap, >$3Price



​Downtime Reads

Gamestop Rally Round 2
Global stock markets drop as inflation fears prompt sell-off
3 TIMELESS setups that have made me TENS OF MILLIONS!
Shares in David Beckham-backed cannabis firm up 310% in early trading frenzy




​Podcast
​





END/
0 Comments



Leave a Reply.


    Categories

    All
    Budgeting
    Career
    Crypto
    Filipino Culture
    Investing
    Lifestyle
    London
    Money
    Trading
    Weekly Highlights


    Previous Posts

    11 Secrets to Financial Success - Anton Kreil
    ​Lifestyle Creeps
    Simple Way of Measuring and Tracking Your FI/RE Progress by 10KDriver
    Super Trade Tactic - 3 Keys to Superperformance, Mark Minervini
    ​
    How to Become Rich, Mark Minervini
    ​Rule of 72 by @10KDiver
    ​Savings Rate of a Nurse in Central London
    ​Bitcoin - All Time High!
    ​
    Nick Huber's Twitter thread on business and life in general. The longest thread I've ever come across with on Twitter.
    There is more to life than COVID - 2021 Intentions.
    To the Moon - 2020 Investment Gains!
    Year 2020 Budget Review. COVID Edition.
    Investing sucks? Lost -£1473.84.
    Invest 20,000 before December 20, 2020 Challenge - An Update.

    ​Sign Up - Up to $100 worth FREE SHARE on Trading212.

Powered by Create your own unique website with customizable templates.
  • New Here?
  • Blog
  • Get in Touch