Sapa Vietnam

Last week, the market continued to whipsaw, but for short-term traders, this provided many good swing trades on markets such as stocks, crypto, commodities, etc.

Most of my portfolio is still held in cash, because I do not want to risk my capital in such volatile markets, but using just a small percent of my portfolio to swing trade is enough to generate $10-20k of monthly profits as some side income while waiting for the markets to stabilise.

The next major thing to look out for is the upcoming rate hike, with an expected 100 basis points, so we will need to see how the markets react to that.

Strangely, the prices of commodities have already started to come down, so that might help tame inflation.

Stay tuned in our “Daily Trading Signals” Telegram channel for more daily profit opportunities!

 

Sapa Vietnam

[Photo: Sapa, Vietnam – See my full travel photo log!]

For our weekly market wrap, we go through some of the trade calls and analysis from last week, which gives us valuable insights for the week ahead.

We cover 3 main markets with a total of 200+ counters, so we will never run out of trading opportunities:

By covering a broad range of markets, we can focus our attention (and capital) on whichever market currently gives the best returns.

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for? Trading Signals Commodity 050322 emoji

Portfolio Highlights

Trading Signals portfolio 140722

Portfolio updates

Forex & Commodities Market Highlights

Trading Signals GCC 130722

Following up on the Commodity ETF (GCC), it has formed a bear flag, and looks ready to continue plunging.

Will be adding on my short positions! ????

 

Trading Signals Eurozone 150722

Eurozone’s reliance on Russian gas and a closer examination of bond markets suggest there is little immediate upside for the single currency

https://www.wsj.com/articles/parity-is-unlikely-to-be-the-bottom-for-the-euro-11657810219

 

Trading Signals Inflation 130722

Inflation Rose Over 9% Over the Last Year (Source: Crossing Wall Street)

 

Trading Signals Global inflation rate 140722

Global inflation rates table

Stock & Bond Market Highlights

Trading Signals US100 US500 120722

Now that the short positions we took on crypto are already in the money, today I decided to take a small short position on the S&P 500 (US500) and NASDAQ (US100) as well.

Let’s see how this swing trade goes! ??

 

Trading Signals US100 US500 150722

The stock markets (US100, US500) look pretty choppy, will be taking profits on my short positions for now.

 

Crypto Market Highlights

Trading Signals BTCUSD 130722

Taking profits from my Bitcoin (BTCUSD) trade over the weekend! ????

 

Trading Signals ETHUSD 130722

Taking profits from my Ethereum (ETHUSD) trade over the weekend! ????

 

Trading Signals Mystery Trade 130722

Mystery trade ?

 

Trading Signals ETHUSD 100722

Decided to take a small short position on Ethereum (ETHUSD) and Bitcoin (BTCUSD), let’s see how it turns out! ??

 

Trading Signals ETHUSD 150722

Have had 4 excellent swing trades on Ethereum (ETHUSD) in recent times, since the market is rather choppy.

Now, I’m net long on crypto and waiting to see if it can breakout of that range.

 

Trading Signals Opensea 150722

OpenSea, one of the largest marketplaces for NFTs (nonfungible tokens), said Thursday it would cut a fifth of its staff as the crash in cryptocurrency prices continued to wreak havoc on digital-asset firms.

https://www.wsj.com/articles/nft-marketplace-opensea-to-lay-off-20-of-employees-11657830342

 

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for? Trading Signals Commodity 050322 emoji

Good luck, and may next week bring more excellent profits!

penthouse birthday

Every birthday, I like to take a day off to reflect and give thanks for the previous year, and brainstorm what I would like to focus on in the upcoming years. I like to think of it as constant realignment of my priorities in life.

Here are some things I would like to focus on for the next few years:

  • Continue exercising and eating healthy consistently
  • Spend more time on friendships and relationships
  • Read more about psychology, philosophy, mental models
  • Try some new things like cooking, Salsa, art, wine appreciation, etc
  • Travel more (aim for 100 countries before 40)
  • Embrace minimalism, to focus time and attention on things which are important
  • Becoming better at mindfulness, empathy, gratitude, self-esteem, and showing love & kindness
  • Continue to create more educational and inspiring content on my blog and various channels to help others
  • Find new ways/careers/volunteer work that can make a difference in people’s lives

Once again, a big thanks to everyone who has supported me all these years, and to those who have put in the extra effort to make my 36th birthday a memorable one! ?

 

 

View this post on Instagram

 

A post shared by Spencer Li (@iamrecneps)

 

View this post on Instagram

 

A post shared by Spencer Li (@iamrecneps)

 

View this post on Instagram

 

A post shared by Spencer Li (@iamrecneps)

 

thumbnail an unofficial guide to living our best life beyond financial freedom

If you are excited to get more life hacks, also check out: “Beyond Financial Freedom: An Unofficial Guide to Living Your Best Life”

Grand Canyon Rim to Rim Hike

With the recent market volatility, swing trading tactics are especially useful, allowing traders to make a killing by flipping between long and short positions every few days to maximise profits.

Hence, I have been updating my portfolio allocations and trading positions to my subscribers almost daily, because time is of the essence.

Since the market direction is not clear, instead of going in big in either direction, it makes more sense to stay nimble and take small positions on either side to chalk up small wins.

Over time, many small wins can add up to large profits!

Stay tuned for more daily trading opportunities in my “Daily Trading Signals” Telegram channel!

 

Grand Canyon Rim to Rim Hike

[Photo: Grand Canyon, 4D3N Rim-to-Rim Hike, Arizona, USA – See my full travel photo log!]

For our weekly market wrap, we go through some of the trade calls and analysis from last week, which gives us valuable insights for the week ahead.

We cover 3 main markets with a total of 200+ counters, so we will never run out of trading opportunities:

By covering a broad range of markets, we can focus our attention (and capital) on whichever market currently gives the best returns.

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for? Trading Signals Commodity 050322 emoji

Portfolio Highlights

Trading Signals portfolio 070722

Some quick portfolio updates

 

Forex & Commodities Market Highlights

Trading Signals strength 070722

USD continues to be the strongest

 

Trading Signals falling commodity 050722

https://www.wsj.com/articles/falling-commodity-prices-raise-hopes-that-inflation-has-peaked-11656811949

 

Trading Signals EURCAD 070722

Following up on EURCAD, it has dropped almost 1000 pips since our last trade call! ????

 

Trading Signals EURUSD 070722

Following up on EURUSD, it has hit TP1, and is on track to hit TP2, although there might be some strong support at 1.000.

Can the EUR really drop below the USD? Last time that happened was almost 20 years ago.

 

Trading Signals USDSGD 070722

Following up on USDSGD, after hitting the first TP, it has broke new highs and looks ready to head to TP2! ????

 

Stock & Bond Market Highlights

Trading Signals bond 030722

The US bond market is on pace for its worst year in history with a loss of 10.4%.

 

Trading Signals ARKG ARKK 070722

Remember how I have been saying that I have started accumulating high growth stocks?

Both the ARK Genomic Revolution ETF (ARKG) and ARK Innovation ETF (ARKK) have gone up about 30% in the last month! ????

 

Trading Signals US100 US500 070722

Following up on the NASDAQ 100 (US100) and S&P 500 (US500), the short-term price action is also bullish, so I have closed my short positions and taken profits to wait for a better price to short.

 

Crypto Market Highlights

Trading Signals ETHUSD 050722

Crypto seems to be having a small rebound, so I’m closing my shorts and taking profits on Bitcoin (BTCUSD) and Ethereum (ETHUSD) for now. ????

Will continue to monitor for new trading opportunities.

 

Trading Signals ETHUSD 070722

Following up on Ethereum (ETHUSD), prices have gone up about 10% since I closed my shorts.

If you look at the 2 strong white bars, it shows the short-term price action is bullish so you should either be flat or long.

In the medium-term, the trend is still down, unless prices are able to break above 1280.

 

Trading Signals BTCUSD 070722

Similar to ETH, this is where I flipped short and long on Bitcoin (BTCUSD) in the past 1-2 weeks using price action.

I normally prefer not to do such short-term trades but the market is choppy so we have to adopt a fast-in fast-out strategy.

 

 

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for? Trading Signals Commodity 050322 emoji

Good luck, and may next week bring more excellent profits!

Last weekend, we conducted another online workshop on the basics of trading and investing, and since it is a SkillsFuture Credit-Eligible Course, participants could use their SkillsFuture credits to pay for the course instead of cash.

Thanks for the support! ?

During the 9 hours of training, participants learnt portfolio strategies to build and protect their wealth, as well as trading skills like market-timing, chart-reading and risk management to improve their trading results.

Here is some of the feedback and learning points from participants, after our hands-on market analysis session to find trading opportunities in the market.

If you are keen to learn more using your SkillsFuture credits, you can check out our courses:

P.S. To ensure optimal learning, we have capped the maximum class size.

Register early to avoid disappointment!

skillsfuture course feedback 040722

Cape Town South Africa

With markets in turmoil, I am currently short on stocks, crypto, commodities (not shown yet, but in the latest updates), which means I effectively have a leveraged cash position.

In addition, all my cash is held in USD, which has gone up about 4% this year, possibly making it one of the best asset class this year. ?

My current strategy is to continue shorting the market to the bottom, then start accumulating (and eventually going all-in) stocks and crypto to ride the next bull market.

Stay tuned for my real-time portfolio updates in my “Daily Trading Signals” Telegram channel!

 

Cape Town South Africa

[Photo: Cape Town, South Africa – See my full travel photo log!]

For our weekly market wrap, we go through some of the trade calls and analysis from last week, which gives us valuable insights for the week ahead.

We cover 3 main markets with a total of 200+ counters, so we will never run out of trading opportunities:

By covering a broad range of markets, we can focus our attention (and capital) on whichever market currently gives the best returns.

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for? Trading Signals Commodity 050322 emoji

Portfolio Highlights

Trading Signals Portfolio 290622

Portfolio updates: Mainly just short on stocks, crypto and real estate for now.

 

Trading Signals USD portfolio 010722

This is why the USD is my largest portfolio position. ?

https://www.wsj.com/articles/it-was-a-lousy-second-quarterexcept-for-the-u-s-dollar-11656667800

 

Forex & Commodities Market Highlights

Trading Signals Strength 290622

Oil is up again, pushing up the 2 oil-linked currencies.

 

Trading Signals NZDCHF 280622

Daily Chart of NZDCHF

Nearing support, good place to take profits! ????

 

Trading Signals USDSGD 020722

USDSGD Crossing 1.39710
US Dollar vs. Singapore Dollar
TP1 for long positions

 

Trading Signals GCC ETF 010722

Update on Commodity ETF (GCC)

As predicted in my last analysis, it might have hit the top of the long-term cycle, and has started to come down.

On the daily chart, it has broken down from a consolidation pattern.

This is in line with the bonds > stocks > commodities cycle, and we have already seen bonds and stocks decline.

With the Fed aggressively raising interest rates to fight inflation, this should be bearish for commodities.

 

Stock & Bond Market Highlights

Trading Signals China Stocks ETF 280622

2801 Crossing 24.06
China Stocks ETF
Breaking out of ascending triangle!

SL: 21.80
TP: 27.52

 

Trading Signals Hang Sheng Tech ETF 280622

3067 Crossing 10.320
Hang Seng Tech ETF
Breaking out of ascending triangle!

SL: 9.165
TP: 12.065

 

Trading Signals SP5000 300622

Markets Head Toward Worst First Half of a Year in Decades

Investors gird for more volatility; almost everything—from stocks to bonds and crypto—falls to start 2022

https://www.wsj.com/articles/markets-head-toward-worst-start-to-a-year-in-decades-11656551051

 

 

Trading Signals US100 280622

Daily Chart of NASDAQ (US100)

Looks like the stock market is ready for the next leg down.

 

Trading Signals US100 010722

Update on NASDAQ (US100)

Since we shorted near the top as well, there also isn’t much for us to do except wait patiently for the profits to grow. ????

 

Crypto Market Highlights

Trading Signals crypto insolvent 290622

“There are companies that are basically too far gone and it’s not practical to backstop them.”

https://www.forbes.com/sites/stevenehrlich/2022/06/28/bankman-fried-some-crypto-exchanges-already-secretly-insolvent/?sh=1578e1b747f7

 

Trading Signals Crypto Melts 280622

More hedge funds are betting against tether as crypto melts down

https://www.wsj.com/articles/more-hedge-funds-are-betting-against-tether-as-crypto-melts-down-11656322200

 

Trading Signals ETHUSD 270622

Looking at the recent price action in Bitcoin (BTCUSD) and Ethereum (ETHUSD), I have decided to take profits on my short-term trading long positions, since it has gone up 20-40% from the lows.

I have taken a small short position instead.

 

Trading Signals ETHUSD 280622

Daily Chart of Ethereum (ETHUSD)

Note how low the volume is during this bullish rebound, and the new high volume coming in at the end.

 

Trading Signals ETHUSD 010722

Update on Ethereum (ETHUSD)

Since we shorted near the top, and it has moved about 15% in our favour, there isn’t much for us to do except wait patiently for the profits to grow. ????

 

 

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for? Trading Signals Commodity 050322 emoji

Good luck, and may next week bring more excellent profits!