Posted by Martin April 11, 2018
No Comments



 




Stock market consolidating for the next move


S&P 500  2,642.19 -14.68 (-0.55%)  Dow 30  24,189.45 -218.55 (-0.90%)  Nasdaq  7,069.03 -25.27 (-0.36%)
 

Sell BuyThe stock market went down today on a fear of the US going into an air strike against Syria. Trump tweeted about nice, new, and smart missiles coming to Syria and Russians if they keep supporting Syria. Again, Trump opened his big mouth and the market reacted on his blabbing. Not facts, just his tweets. However, it was surprising to see that investors and traders didn’t over react on those “news” and the market remained relatively calm. The loss was only about 5 points. Then FOMC meeting notes were released and the market slid almost 15 points. Overall, it was still a quiet day.

 
Read More




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by Martin April 10, 2018
3 Comments



 




We had a decent rally, what’s next?


S&P 500  2,656.87 +43.71 (+1.67%)  Dow 30  24,408.00 +428.90 (+1.79%)  Nasdaq  7,094.30 +143.96 (+2.07%)
 

Sell BuyMarket had a few days of relief rally. Is it going to be a bounce or is it going to continue higher? No one knows. Investors are rattled and panic on anything Trump does or does not. If it was not a trade war, it is his political extempore of his people leaving him or being fired, or bashing Amazon, or now possibly bombing Syria. Everything he does so far is just talks. Yet those talks move the markets. Ultimately, this volatility is good as that present a great opportunity to make money trading this market up or down. All it takes is to be on the right side of the market trend. What can we expect then?

 
Read More




TastyWorks

We all want to hear your opinion on the article above:
3 Comments



Posted by Martin April 09, 2018
No Comments



 




Markets up then down again and probably up again tomorrow


S&P 500  2,613.16 +8.69 (+0.33%)  Dow 30  23,979.10 +46.34 (+0.19%)  Nasdaq  6,950.34 +35.23 (+0.51%)
 

Sell BuyWe had an interesting trading day today. The markets eased up a bit after last week correction and renewed selling. The market rallied on no news but then, FBI raided Trump’s lawyer’s office and all ended again. All today’s gains were removed.

 
Read More




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by Martin April 07, 2018
2 Comments



 




Worst Tariffs Ever. Smoot-Hawley Tariff History And Why Tariffs Will Not Work.


Trump proposes tariffs… Trump’s supporters support it… all without thinking and both ignoring consequences. Trump and his supporters think that trade wars are easy, long overdue and that they can be easily won.

They cannot.

All involved will lose. And all will lose big.

 
0404trading
 

Learn how the Smoot-Hawley tariff act of 1930 helped tank the world economy. And why it means that today, 90 years later, President Trump has the power to start what many people say is a trade war.
 

Listen to the following podcast (source: Planet Money)
 


 

While the entire world moved away from tariffs since 1930, Drumpf, who is stuck in 1930 is returning back to it and is going for all Americans to repeat the history. You know, when you do not learn or forget history, you are doomed to repeat it. Brace yourself for a New Great Depression.
 




TastyWorks

We all want to hear your opinion on the article above:
2 Comments



Posted by Martin April 07, 2018
4 Comments



 




Weekly results April 07, 2018


S&P 500  2,604.47 -58.37 (-2.19%)  Dow 30  23,932.76 -572.46 (-2.34%)  Nasdaq  6,915.11 -161.44 (-161.44)
 

Sell offAnother sell off in the markets based on fears from Drumpf damaging economy of the US by escalating the trade war, job report, inflation fear. But we may be bottoming. Although if we really are, the road to recovery still may be very bumpy.

The first week of April wasn’t as great as I would wish, we rolled a few trades and the overall trade balance was negative.

 
Read More




TastyWorks

We all want to hear your opinion on the article above:
4 Comments



Posted by Martin April 05, 2018
2 Comments



 




Trump proving again he has no clue and he is mentally stuck in 1930


S&P 500  2,662.84 +18.15 (+0.69%)  Dow 30  24,505.22 +240.92 (+0.99%)  Nasdaq  7,076.55 +34.44 (+0.49%)
 

Baby TrumpThe market were finally on the path of recovery, the chart was clear, markets calm, shrugged the trade war, and going higher. Yesterday we saw dip buyers jumping in and buying cheap stocks recovering a market which was down 35 points finishing 35 points up.

It no longer matters as Trump announced new tariffs against China, this time on $100 billion of goods. It appears china hurt his little ego by “unfair retaliation”. evidently, this man is taking it personally, has no clue how trade wars usually end, and he is mentally stuck in 1930. His new tariffs are no longer a national interest issue saving or protecting Americans’ jobs but his personal vengeance.

 
Read More




TastyWorks

We all want to hear your opinion on the article above:
2 Comments



Posted by Martin April 04, 2018
No Comments



 




Stocks erased morning losses


S&P 500  2,644.69 +30.24 (+1.16%)  Dow 30  24,264.30 +230.94 (+0.96%)  Nasdaq  7,042.11 +100.83 (+1.45%)
 

Crazy Stock MarketToday, it definitely was a crazy market. A market I haven’t expected at all after China announced tariffs retaliation on the US goods worth $50 billion dollars.

By the morning bell the futures were down more than 34% at S&P and DOW was losing over 450 points. It all looked like that we would have yet another significant selloff. But something was different today.

Early in the morning I posted in our Facebook trading group that given the China’s retaliation the stock market was suspiciously calm. I recommended caution and not to trade aggressively. Well until the market started spiking aggressively up.

We recovered all morning losses.

 
Read More




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by Martin April 03, 2018
No Comments



 




Reclaiming 200 DMA support


S&P 500  2,614.45 +32.57 (+1.26%)  Dow 30  24,033.36 +389.17 (+1.65%)  Nasdaq  6,941.28 +71.16 (+1.04%)
 

S&P PanicAfter a selloff on Monday the markets eased the rout a bit today. The whole day was calm and nothing much has been happening. The last trading hour the markets spiked up and reclaimed the 200 DMA support. It is said that “smart money” usually enter the market at the end of the trading session. If this was the case, we are probably finding the ground and we may turn up for a recovery.

But do not be too fast. Trump and his big mouth will make sure he screws it all up again. He announced a new list of goods with new tariffs against China. The only positive thing with this new 50 billion tariffs plan is that futures didn’t react on the news much and remained flat. Although it may change during the day it still looks like a good sign that the tariffs war is being priced in.

 
Read More




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by Martin April 02, 2018
No Comments



 




Rout Today, Rally Tomorrow, Rout Next Day, And So On


S&P 500  2,581.88 -58.99 (-2.23%)  Dow 30  23,644.19 -458.92 (-1.90%)  Nasdaq  6,870.12 -193.33 (-2.74%)
 

S&P PanicAnother rout in the markets today. The markets lost 88 points during the day, so it was quite encouraging to see that it recovered by the end of the day and we only lost 59 points. That means, that so far, this market behaves as expected.

What are the expectations for the market? What this market may do?

 
Read More




TastyWorks

We all want to hear your opinion on the article above:
No Comments



Posted by Martin March 31, 2018
No Comments



 




March 2018 trading, investing, results


February was bad. Unfortunately, March on Wall Street wasn’t any better. The slump in stocks continued and S&P 500 continue sliding down. The first week of March looked promising. The markets went up and it all looked that we are finally on the path of recovery.

Then Trump announced his tariffs shame aimed against China and excluding all others. Those who hoped in growth of the US steel got slammed as major steel exporters got exception and China threaten Trump with large retaliation.

And the Wall Street used this mess as a good excuse to dump stocks again. A March toll? A loss of 7.11%

But, I do not feel bad about it. As a dividend investor I welcome this drop and all great dividend stocks being on sale. and I wish this would last for some time! I wish the stocks would go lower even more!

 
Trading Results
 

As an options trader I pretty much do not care where the market goes. That’s the beauty of trading the options. Options will allow you to make money in any situation – if done right.

My only concern, in this market slump, is to be on the right side of the trend. Many of my trades were bullish. If this market is truly changing into a bear market (which I do not believe we are there) these bullish trades would hurt. There is a way to revert them into bearish trades but it will require capital reserves. And my concern is, will my accounts have enough money in reserves to trade through the reversal?

In march we made the most money I have ever made trading options in a month. The final revenue for March 2018 was $18,124.40 dollars!

Now, the biggest task in the coming months will be to retain the revenue (and a few more bucks along with it).

 

 · Dividend stock investing

 

When I started trading in 2006 my goal always was to make enough money trading which can be invested into dividend stocks.

Later on, I got into options and realized that options can provide the dreamed income which can be invested.

My next goal then is to make enough money to be invested into dividend growth stocks but also provide living. I am not there yet. But I study hard and learn to get there.

Here is a review of all accounts stock purchases made in February:

 
Traditional IRA
Trading Results
 

ROTH IRA
Trading Results
 

TD account
TBD
 

In March we purchased the following shares:

 
Dividend growth stocks

 

 · Dividend Income

 

ROTH IRA dividend income
Trading Results
 

IRA dividend income
Trading Results

 

 · Market outlook

 

I am still bullish but I think the bull market is getting closer to its end. My estimate is end of 2018 or first half of 2019. I believe it will be partially due to Trump’s incompetent and protectionist policy which would kill tax cut benefits and lead to the economy slowdown. But before all this ever happens I believe we will see yet one more all time high and then we may see troubles unfolding. But I may be wrong. I am usually always wrong in predicting the market.

I want to trade the market no matter what it does. That’s my ultimate goal – to learn how to trade the market up or down. Make money no matter what the direction is.

That however requires a few things:

1) Discipline and not over trade. Always have enough money in your account to sustain drops like this one in February and be able to manage your trades, adjust them, and escape bad trades. If you have a small account, trade only one trade at a time, or save more money before you trade.

2) Stay calm. Do not panic. If you are in a trouble, roll your trades away to buy time and then when all is calm, adjust.

3) Do not sell your stocks when they go down. Wait until all is over. Remember why you bought the stocks in the first place. I bought mine for dividends. Then I don’t care what the price is doing. I am not selling for capital appreciation. I am a dividend investor. At the end of any panic or bear market there will be a start of a new bull. If you invested before 2008, sit through 2008 selloff, reinvested dividends, and even bought more shares, your account is not way higher than before 2007 end.

4) If you want to be a bit active investor and trader, learn and study the markets. There is always a lot to learn. Play with your trading positions, simulate your options and way how to roll them, fix them, or adjust them even if you do not do it. But the trading platform will show you what you can do and if you see that your situation is hopeless, learn what else you can do to adjust a trade. For example, you have a deep in the money put spread. That is impossible to fix on its own. You play with the trades and find out that you can roll into calls for a small debit and sell new OTM put spread to offset the debit.

5) If everything goes your way DO NOT BE GREEDY!!! Boy how may times I was guilty of being greedy and opening more trades because everything was great and all trades were winning just to see getting myself in trouble the very next day when the market changed direction.

There are many possibilities to trade. Learn them and find those which work best to you and if you stay calm and never panic, be greedy, base your trades on expectations rather than trading what you see, you will prosper and be consistent.
 




TastyWorks

We all want to hear your opinion on the article above:
No Comments





This site has been fine-tuned by 14 WordPress Tweaks