WHAT WE DO? WE SELL OPTIONS FOR INCOME. WE USE THAT INCOME TO BUY DIVIDEND GROWTH STOCKS!
CHECK OUR TRADES ON OUR MeWe PAGE!


Archive for October 27th, 2020

Posted by Martin October 27, 2020

A storm is coming

On Thursday, big names are reporting earnings… AMZN, AAPL, GOOG, GOOGL, and FB… and these companies can shake the market for sure. I think the best one can do is to stay away for now until we see what is going to happen.    

Posted by Martin October 27, 2020

FUTURES SET TO OPEN DOWN -1.14%

Selling in Wall Street is set to continue tomorrow. On Monday we saw the indexes declined (SPY ended the session down 0.33%) and the negative sentiment seem to continue. The futures pre-market data indicate the DJI to drop even more. As of now the opening will be down more than 300 points or -1.14%. Of Continue reading →

Posted by Martin October 27, 2020

Cup and handle failed, what now?

The stock market was forming a cup and handle formation, but yesterday, this pattern failed. If we were to continue the pattern, we were supposed to continue higher as indicated in the picture below:     Since this pattern failed, what is ahead of us now?   We can see or identify two other possible Continue reading →