I vividly remember the moment when I was going to resign from my former employer Deutsche Bank, a senior coworker and mentor told me “Good for you that you are jumping off a sinking ship”. That was almost 2 years ago, and frankly I never imagined this would play out the way it is now,… Continue reading Daily Newsletter – The Sinking Ship
Markets received a shot in the arm last afternoon after OPEC announced a production cut deal. Per Reuters: “OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices… He… Continue reading Daily Newsletter – OPEC Pulls a Rabbit
After a nervous opening where we initially saw post-debate overnight rally erased, US equity markets steadied and posted modest gains to end the day with SPX up 14pts. Volatility is on snooze until the next major events and the VIX likely continue to fill gap at 12.5. Broader markets should continue its relief rally until then.… Continue reading Daily Newsletter – Volatility Snooze
That is what everyone wonders after the much-anticipated first Clinton-Trump debate. Polls were mixed but from a fundamental perspective, the right answer is probably Neither, as Michael Tracey eloquently explained in his Tweet. @mtracey – A quick thought on who “won” the debate, and why that’s a fundamentally useless question 12:09 PM – 27 Sep… Continue reading Daily Newsletter – So, Who is the Winner?
From today, I am going to publish a daily newsletter with my thoughts on the market and day trading charts/parameters. Once our main WingCapital website is up in running, automated Portfolio Updates & Trade Signals will also be included. Market Commentary At last, the long-awaited announcement from two major central banks in BoJ and Fed came out… Continue reading Daily Newsletter – Passing the Baton