Category: Money Moves

Good morning everyone. It’s been a couple of days since I’ve posted Money Moves. Today, we’ve woken up to a significant selloff in the more speculative tech positions. TSLA, ARKK, and SQ all down multiple points mid day, resulting in my portfolio being down -1.66%. The big tech stocks gearing up to report earnings are down less than 1%. I would add more today, but I’m holding my cash position for bigger moves and more strategic entries besides a minor dip. So Tesla’s big news is the fatal two person crash in Austin, Texas which resulted in a four hour

Today was one of the rare days in recent memory where I was offline all day due to being away from my computer, and of course, we had to have a tech-led meltdown. Granted, this wasn’t a shock as we are due for a short-term pullback as the algo’s take automated profits after a certain amount of run-ups in the more speculative, future-thinking stocks like Square (SQ) and Tesla (TSLA). If i was writing automated trading logic, I’d do exactly the same thing. Unfortunately most of the time these execute, eerily all at once it seems, in some magic witching

Watch out for that Bitcoin! It’s 10;15AM PST, and BTC is now steadily creeping higher at 63k. The big pop happened last night (my time) around 1AM, so it looks like some huge buy transactions in Asia broke the resistance. Since then, it’s been maintaining its upward climb. Will this move past 60k hold long term? Based on how its been behaving over the past few months, I believe so. I should have added more in the mid 50’s. Damn. The Nasdaq is up again, 0.66%, while my portfolio is up by 1.5%. Today’s a decent green day. No real

Markets basically flat as we head into earnings this week and buyers and automated trading programs are holding by before executing miliseconds after major earnings surprises with massive cash. Of course, we retail investors will see this as just one of those “up” days as tune into the market first thing in the morning because we aren’t cloud based supercomputing beasts and can only access the markets after all the major algorithems have already made their trades for the day. It’s about 3 hours before markets close, and I bought 442 shares of INTC today after NVDA announed their new

Currently almost 2PM EDT. Nasaq is up almost 1%, while my portfolio is up about 1.2%. Dow and S&P is pretty flat compared to Nasdaq, so lots of money going into growth plays today. Of course, something might happen and the algo’s might decide to sell off for typically mysterious reasons, but for now, I think we are slowly climbing back towards all time portfolio highs back in early February. It looks like bond yields are still floating around 1.6%, and has arguably detached from market movements in equities. That was the freakiest period of a month or so when