mrstockyetoro

mrstockyetoro

For ease of reference for my Copiers, the chart shows current and historical trades of my trading strategy. Updated with a time lag. 🫰 Happy Trading 🐆 MrStocky Short-Term Trader AMEX:SPY SP:SPX COINBASE:BTCUSD AMEX:GBTC Not Financial Advice Historical Performance Not Indicator of Future Returns

mrstockyetoro

For ease of reference for my Copiers, the chart shows current and historical trades of my trading strategy. Updated with a time lag. Bookmark the page for updates. 🫰 Happy Trading 🐆 MrStocky Short-Term Trader AMEX:SPY SP:SPX COINBASE:BTCUSD AMEX:GBTC Not Financial Advice Historical Performance Not Indicator of Future Returns

mrstockyetoro

For ease of reference for my Copiers, the chart shows current and historical trades of my trading strategy. Updated with a time lag. Bookmark the page for updates. 🫰 Happy Trading 🐆 MrStocky Short-Term Trader AMEX:SPY , TVC:SPX , COINBASE:BTCUSD , AMEX:GBTC Not Financial Advice Historical Performance Not Indicator of Future Returns

mrstockyetoro

Here we go again. We are bearish the equity market. Is it going to be the nightmarish groundhog day again?

mrstockyetoro

Back to bullish position removing hedges. Clearly any sort of hedging of a market moving up in a straight line is a losing proposition. The key is to not lose out too much be appropriately adjusting the amount of hedging based on market conditions. This is why it is important to be actively hedging.

mrstockyetoro

The bearish day on 31st Jan 2024 was sufficient to flip from a bullish to bearish view. Hedging Actions during bearish conditions: 1. Hedge (fully/partially) existing long-only equity portfolio with short positions 2. Close long-only (fully/partially) and stay on the sidelines until bullish conditions return 3. Close existing long positions and go outright short...

mrstockyetoro

Long bias proved to be correct after some choppy action to start the year. I remain bullish at the moment.

mrstockyetoro

Back to default long position after today's bullish move. We are being chopped around in this tight ranging sideways market since late December 2023.

mrstockyetoro

I have moved to a bearish stance for the equity market. This implies either sitting out in cash, hedging long positions or for more advanced traders, short the market outright. Initial target is -3% lower down from current levels. A sideways to up moving market over the next week would result in this bearish stance reversed back to bullish.

mrstockyetoro

Weakness was weak and did not last long. We are back long the equity market. New all time highs back on the cards for S&P500.

mrstockyetoro

The expected weakness in equities arrived with a sharp reversal following early gains in the day. I increased my SHORT position after reducing it yesteray. Doh! Looking ahead, this may be the start of broader weakness although I don't expect anything too dramatic at this stage. CME_MINI:ES1! TVC:SPX AMEX:SPY NASDAQ:QQQ

mrstockyetoro

For Advanced Traders: The pink segments on the chart shows expectations of market weakness. This can be used as an opportunity to take a SHORT position instead of sitting on the sidelines. A short position allows Traders to benefit from a potential fall in price. For Traders/Investors who may have a long standing BUY position in the market, the active hedging...

mrstockyetoro

Expecting weakness in equity markets for the short-term. AMEX:SPY SP:SPX NASDAQ:QQQ CME_MINI:ES1!

mrstockyetoro

🖼 Daily Technical Picture 📈 ➤ Equities shot up to continue the upward march. A Buy signal was triggered and executed. The previous Short position was flipped into a Buy but only after suffering further loss. Clearly the Strategy(ies) are confidently Bullish. ➤ If we look at the movement of the S&P500 equity index since the March bottom we can observe the...

mrstockyetoro

🖼 Daily Technical Picture 📈 ➤ Markets pulled back but in the short-term, it is still zig-zagging upwards. It is inching higher and so is the hurdle required to proof the case for a new Bull market. ➤ For May, the monthly price failed to close above the Feb high just like in prior months. It has however put in a place a higher high. The higher high at 422.58 on...

mrstockyetoro

🖼 Daily Technical Picture 📈 ➤ Bulls may have horns instead of FAANGS but it is just an effective weapon. By some measures the Bear market is over and the Bull market phase is in its infancy. ➤ For me, a strong monthly close in May above the February high is that confirmation. Such a close would reverse the downtrend on the monthly chart. A failure to do so will...

mrstockyetoro

🖼 Daily Technical Picture 📈 ➤ Traders hate weekends and public holidays, probably more so than losing trades. ➤ Equities were up strongly on Friday. I find it curious that with such strong bullish passion it failed to close above the recent high. I might be wrong, but it looks like a classic set-up: Buy the Rumour, Sell the Fact. The rumour is that the debt...

mrstockyetoro

🖼 Daily Technical Picture 📈 "I've got the magic in me Every time I touch that track, it turns into gold Now everybody knows I've got the magic in me When I hit the floor, the girls come snapping at me Now everybody wants some crystal magic" I'm borrowing those song lyrics by The Treblemakers from the Movie: Pitch Perfect. ➤ Equities did indeed gap higher to...