I was at Genting, Malaysia over the weekend with my family for a getaway. Genting is famous for non other than its casinos and cool weather. Other than the good times with my family, I have got a valuable trading lesson from the casino visit. Apply some trading knowledge I learnt thus far and gained [...]

It’s a beginning of a new week again!
Let’s take a look at last week’s market moving economic data.
The series of economic data announced before market open both on 10 and 11 May caused some significant moves to the Dow Jones. Dow Jones fell from 13360 level to 13210 level over 10 May and 11 May [...]

Check out the data here.
Only noticeable movement is after the announcement of auto sales and truck sales data on 1 May 07. Dow Jones moved up more than 30 points 5 min after opening on 2 May 07.
Another over 100 points run for Dow Jones for the week. Already 5 consecutive weeks of white candles [...]

So happened to recall a movie which I watched a few months back. It is titled “The Persuit of Happyness“. The life story of how Christopher P. Gardner made it through the harsh conditions in life who eventually became a successful stock broker and now a millionaire entrepreneur.
The movie felt close to my heart. First [...]