Charlesqkw
Charlesqkw
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avatarCharlesqkw
2022-07-17
$Bloomberg Crude Oil Bear 2X ETF(SCO)Considering to add more! Oils need to go to acceptable level before the market can turn around. Citigroup mentoned possibly of $65/barrel so there is still a big downside for oil! 
avatarCharlesqkw
2022-07-14
$Bloomberg Crude Oil Bear 2X ETF(SCO)$ CPI new high! US dollar strengthening! Oil Prices below 100! Make Oil Affordable! 
avatarCharlesqkw
2022-10-05
$Semiconductor Bull 3X Shares(SOXL)$ Didn't managed to buy at the lowest point, bought it 1 week too early but overall managed to left with some good earnings :) For those who are still there remember to have a trailing stop loss! Thats what I have learn during this few weeks of trading, it's important not to let your profits get eaten up by the market.  MACD (My favourite indicator) is having golden cross soon and MA 5 is crossing MA 10 as well. May enter again once SOXL retrace back a little but overall it is still a bear market so just be reminded this is a rebound! This maybe a bull trap before earnings and then a further a crash all the way down.. 
avatarCharlesqkw
2022-10-27
ok//@koolgal: With inflation at 40 year high, the Feds main focus is to quell it with aggressive interest rates hikes.  However there was recent talks that the Feds are considering slowing down the rate hikes and that have resulted in the recent markets uptrend. Nonetheless at some point in time, the Feds will slow down the interest rates hikes.  That will dampen the strength of the US Dollar.   Let's hope it would be soon.  Thanks @Capital_Insights for your excellent insight on the prevailing strength of the  US Dollar. 
@Capital_Insights:Good News? The Soaring Dollar is on its Way to Peak Soon?!
avatarCharlesqkw
2022-10-19
$Nasdaq100 Bull 3X ETF(TQQQ)$ Back here trading this name again. Will be holding this position for maybe a few weeks because I feel that there will be a rebound in the upcoming few weeks. Definitely, the market has been seriously oversold for the past month and I feel that this rebound will be a strong one as compared to previous rebounds. This month also marks the earnings released so definitely it will be more volatile. However, we can see that Netflix earnings has been consensus so probably this may mark the start of the rebound.  Another index you can look into is UVXY which shows the volatility. I am looking at key levels around 11.5 to 11.2. Once it breaks that level I will add in more long positions. Definitely, I may also be looking i
avatarCharlesqkw
2022-09-28
$Semiconductor Bull 3X Shares(SOXL)$Personally, I feel that all stocks including large cap stocks are oversold at this level so there is a high probability of a rebound. The situation right now I feel is that big funds are pushing the stock high up daily by a few % and then sell them to retailers by making them think the rebound is now and then bring the price down again so that they can purchase these stocks at a somewhat lower price. This also kills both side of options, killing PUT options in the morning and then CALL in the afternoon.I do believe that in the long run ( next few months to a year) it is a bear market and indexes will make new lows. However, at this moment I feel that big funds are luring
avatarCharlesqkw
2022-07-19
$Bloomberg Crude Oil Bear 2X ETF(SCO)$ Still here guys! Not going to be affected by short term fluctuations! holding for mid to long term!! 
avatarCharlesqkw
2022-09-11
$Nasdaq100 Bear 3X ETF(SQQQ)$ Started this postion because I feel that in the long run, it is still a bear market. Fed talk about maintaining an agressive attitude towards inflation and an increase in 75 basis points is more likely. Alghough the upcoming CPI may get better due to lowering of oil prices but personally I feel that prices of food, commodities are all super high right now so inflation is still here to stay :(   
avatarCharlesqkw
2022-07-26
$Bloomberg Crude Oil Bear 2X ETF(SCO)$ Still here! possibly seeing a short term rebound of oil prices as the market is bullish in the short term! But we are currently in the bear market so be wary of each trade! Control your position size and stop loss!We are in the same side as the US government! Let oil prices be affordable! 
avatarCharlesqkw
2022-11-04
$JPMorgan Chase(JPM)$ overbought.. funds purposely pushing the price high to sell their positions, trapping retailers. Funds will soon switch from traditional companies to tech companies since companies within dow jones are mostly overbought and the fundamentals are not supporting their current prices. 

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