Over the last 3-4 weeks, we have seen an impressive rally in the stock market, with the main US stock indices rallying 15-20% from the recent lows.

However, in the long run, the Fed is planning to continue raising interest rates, which is bearish for stocks, so I am not sure how long more this rally can sustain.

Personally I have decided to take some small short positions, to see if the market starts tipping over. I have also placed alerts to tell me when the downtrend resumes so that I can add more short positions.

Stayed tuned for more updates in our “Daily Trading Signals” Telegram channel!

 

[Photo: Brandenburg Gate, Berlin, Germany – 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:

• Forex, CFDs, commodities, bonds
• US stocks, ETFs, global stock indices
• Cryptocurrencies, crypto indices

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?

 

Portfolio Highlights

Portfolio Updates (03 Aug 2022)

Very defensive portfolio now, since most markets have rallied within a bear trend, and it is not clear if the rebound will continue or the bear trend will resume.

 

Forex & Commodities Market Highlights

USD continues to weaken, with other currencies starting to gain strength.

 

AUDUSD trade is also in the money, up 200+ pips profit! ????

 

GBPUSD trade is in the money, up 300+ pips profit! ????

 

NZDUSD trade is also in the money, up 150+ pips profit! ????

 

USDCHF has broken a major support level, we might see prices heading lower.

 

Now that the first TP for Gold (XAUUSD) is hit, it is a good idea to take at least half profits or full profits, because price is at a strong resistance level. ????

 

The commodities ETF (GCC) looks like it might be resuming its downward swing soon.

 

 

Stock & Bond Market Highlights

Looking at the global REIT ETF (REET), I have decided to take a small short position, with a stop above the prior swing high.

 

The NASDAQ 100 (US100) is currently at a crucial price level, bear the top of the channel and at resistance.

We will need to see which way it breaks out from. I am about 65% bearish and 35% bullish.

I have placed price alerts so we will know once it breaks out from either side, and I will likely go short if it breaks the swing low.

 

The NASDAQ 100 (US100) has reached the top of the trend channel, and is also at the 200-EMA.

It has rallied an impressive 21% since the low in June. But is this a bull trap?

I am hesitant to go long at this price level, so I will watch and wait a while more. I will also want to see some bearish price action before going short.

 

https://www.wsj.com/articles/investors-fear-stock-market-rally-will-be-short-lived-11659304749

 

https://www.wsj.com/articles/individual-investors-ramp-up-bets-on-tech-stocks-11659221897

Crypto Market Highlights

Looking at Ethereum (ETHUSD), the trend for crypto is not very clear, so I will be staying out and waiting for a better opportunity.

 

 

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?

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

The last 1-2 weeks, we have seen sizable rallies (20-40%) in various market like stocks, crypto, etc. Does this mean the bear market is over?

It is actually quite common to see such large rallies during a bear market, but personally I won’t be going too aggressive since it could just be in the middle of a bear market.

The better approach would be to stay nimble, taking swing trading positions to ride these bear market rallies, but always be ready to get out the moment the bear market resumes.

The last few weeks have been very good for crypto trading, and I counted 9 successful profitable swing trades in a row so far, so stay tuned to continue watching how far this winning streak can go!

I will be posting daily portfolio updates and trading opportunities in my “Daily Trading Signals” Telegram group, so join us if you want to start profiting with us!

 

[Photo: Bialowieza Primeval Forest, Hajnówka, Poland – 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:

• Forex, CFDs, commodities, bonds
• US stocks, ETFs, global stock indices
• Cryptocurrencies, crypto indices

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?

Portfolio Highlights

Portfolio updates (20 Jul 2022)

Currently have about 6% in stocks and 6% crypto to ride the current bullish momentum.

 

More detailed portfolio notes, will be sharing this more often in future for quick and easy reference.

ST = short-term
MT = medium-term
LT = long-term

 

Portfolio Updates (22 Jul 2022)

Taking profits off long positions in stocks and crypto, especially the latter which has a strong run-up the past few days.

 

Forex & Commodities Market Highlights

Currency strength is shifting away from the USD for now.

 

The AUDUSD is currently resting on strong support, might have a rebound within the range.

 

The NZDUSD might also be having a rebound, but in the form of a falling wedge.

 

Similar to the NZDUSD, the GBPUSD is also forming a similar wedge shape.

 

The USDSGD looks like it is correcting back to the bottom of the uptrend channel.

 

Stock & Bond Market Highlights

So in 1981 consumers were looking at 10% savings account yields, 17% mortgages, 10% bond yields and 9% inflation.

Today it’s 1% savings account yields, 5% mortgages, 3% bond yields and 9% inflation.

The last time inflation was this high it basically took two recessions in short order to slow the rapid rate of change in prices.

https://awealthofcommonsense.com/2022/07/the-last-time-inflation-was-this-high/

 

Solid breakout for ARK Innovation ETF (ARKK), we might see the bullish momentum continue for a while.

I have been accumulating longs on this for quite a while, might add on a little more. ????

 

2 possible ways it could play out for the NASDAQ 100 (US100), but currently it looks more likely to head up to test the top of the trend channel.

There will be another major rate hike in about a week’s time, so be wary of volatile price moves as we get nearer.

 

https://www.wsj.com/articles/a-new-bull-market-cant-start-until-investors-give-up-11658482203

 

https://www.wsj.com/articles/the-stock-market-is-on-sale-that-doesnt-make-it-cheap-11658388069

 

Crypto Market Highlights

Can consider taking a small position on Ethereum (ETHUSD) to ride the rebound, with a tight SL around $1250.

 

Ethereum (ETHUSD) is now above $1500, congrats to all those who took this trade! ????

 

Taking profits from my recent Ethereum (ETHUSD) long positions. ????

 

Tricky situation for Ethereum (ETHUSD) because after the breakout to new highs there wasn’t very strong follow-through, so I decided to take my profits and wait on the sideline till I get a better setup.

 

 

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?

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