Where’s The Money Coming From?

I know, I know…it’s been an age since I posted here. The world has been a very strange place for the last year. The fact is I still have some issues with posting trades when so many people are suffering from this horrible virus — be that directly (medically) or indirectly through the social and economic effects. As someone in the privileged position of having already worked from home for decades, as someone who has not been put out of work because of the pandemic, it feels wrong to show money being made in comfort.

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Trading Update / COVID-19

Gosh, where to start? Regular followers of the blog will have noticed a lack of posts. The reasons are probably obvious, but for the benefit of anyone reading this in the far flung future (if anyone is still around then), this is the time the world is gripped by a global pandemic. Some people are taking Coronavirus / COVID-19 / SARS-CoV-2 more seriously than others. Everyone is going to have to take it seriously when it hits close to them, and it will…

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Back In The Saddle

It feels like it’s been ages since I’ve sat down and traded properly. The whole Walsh family has been sick. No covid-19 here, fortunately, but it’s not been pleasant. The older I get the longer it takes me to get over these things, so even after supposedly beating the lurgy, my energy and motivation have been somewhat sapped.

Anyway, enough self-pity, there’s a market out there to be traded. By all accounts I’ve missed some stellar moves (usual caveats about profiting from other people’s misfortune apply). Monday didn’t strike me as much in the way of special, but on-off core stock GILD provided a couple of nice setups:

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Trading While Sick

The whole Walsh family is sick. I shouldn’t complain, it’s not like we’ve been struck down by COVID-19 (not yet, anyway). Plenty of people are worse off than we are. It’s still horrible though. I’m the least affected, but it’s all relative. Anyway, the upshot is that there has been very little trading going on here this week.

We might not have been infected by a Chinese virus, but I did manage to get a nice little trade in on a Chinese stock on Wednesday:

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