Monthly Archives: November 2020

Thanksgiving trading: Big moves in a short week

Posted on November 28, 2020 by johnonstocks

It’s certainly been a busy week for the markets. These are the charts I’m most involved with. I put in some horizontal lines that seem to show significant support. As you can see, both gold miners and silver have been … Continue reading →

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Another Crazy Week in the Markets

Posted on November 21, 2020 by johnonstocks

I’ll start with some charts: Both the S&P 500 and the Russell 2000 are flirting near all-time highs. They really seem to be oblivious to a world of rising covid cases in both the US and Europe, both of which … Continue reading →

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End-of-Covid trade dominates the week

Posted on November 14, 2020 by johnonstocks

15 minutes before market open on Monday, November 9, Pfizer initiated a press release saying that preliminary results showed it’s vaccine to be more than 90% effective. Suddenly, the market dynamic shifted violently into the End of Covid Reflation Trade. … Continue reading →

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Knife juggling or mountain climbing?

Posted on November 9, 2020 by johnonstocks

The Russell 2000 soared on the open today as gold miners collapsed. I guess I’m stubborn, but I still don’t trust it. I never felt so lucky to have a bunch of my gold miners called away yesterday at options … Continue reading →

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Positioning for upside while highlighting and hedging those risks

Posted on November 7, 2020 by johnonstocks

It’s been a crazy week. Frustrating in the sense that my views of the market didn’t pan out, yet good in the sense that my Ameritrade portfolio climbed nearly 5%. Covid cases erupted in the western world, lockdowns imposed in … Continue reading →

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