Weekly Newsletter   Challenge account


Posted by Martin September 25, 2021
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2021 Week 38 investing and trading report


The month is almost over and it was a bumpy one for sure. But our account survived the market weakness with flying colors as you will be able to see in this weekly investing and trading report.
At first, when the September selling started and mainly continued for two weeks and even spilled in the third week, I was not sure what to think about. Everyone out there was freaking out and selling. People were predicting the end of the world (and they still are) yet we only saw a barely 5% decline. It was difficult to keep your head clear and think. What is the reason for selling? And how does it affect the market?

You know me, I keep saying that the market follows earnings. It doesn’t care about anything else. And if any news or event out there rocks the market, you need to look at the earnings. Was it affected? Or could it be affected? If not, ignore that news and consider the selling to be just a dip you can ignore (and buy). So when the sky was falling, I was checking what the analysts and businesses were doing about their outlooks and estimates. I only found two companies issuing their earnings warnings last week. Two! Out of, what, ten thousand? Fifty thousand? A million? Two companies do not make the US economy. Everybody else held their ranks. It started to be obvious that this selling was just a dip. No matter how scary it may have appeared.

 

Here is our investing and trading report:

 

Account Value: $81,490.42 -$152.39 -0.19%
Options trading results
Options Premiums Received: $2,909.00    
01 January 2021 Options: $4,209.00 +16.65%  
02 February 2021 Options: $4,884.00 +15.41%  
03 March 2021 Options: $5,258.00 +12.79%  
04 April 2021 Options: $2,336.00 +4.30%  
05 May 2021 Options: $6,346.00 +9.22%  
06 June 2021 Options: $4,677.00 +6.37%  
07 July 2021 Options: $3,865.00 +5.14%  
08 August 2021 Options: $6,133.00 +7.40%  
09 September 2021 Options: $1,177.00 +1.44%  
Options Premiums YTD: $38,885.00 +44.07%  
Dividend income results
Dividends Received: $49.00    
01 January 2021 Dividends: $53.04    
02 February 2021 Dividends: $63.00    
03 March 2021 Dividends: $30.31    
04 April 2021 Dividends: $139.70    
05 May 2021 Dividends: $167.45    
06 June 2021 Dividends: $168.56    
07 July 2021 Dividends: $228.62    
08 August 2021 Dividends: $780.09    
09 September 2021 Dividends: $130.74    
Dividends YTD: $1,802.99    
Portfolio metrics
Portfolio Yield: 4.59%    
Portfolio Dividend Growth: 8.13%    
Ann. Div Income & YOC in 10 yrs: $18,571.43 18.22%  
Ann. Div Income & YOC in 20 yrs: $157,914.52 154.91%  
Ann. Div Income & YOC in 25 yrs: $732,878.63 718.92%  
Ann. Div Income & YOC in 30 yrs: $5,419,297.84 5,316.07%  
Portfolio Alpha: 40.39%    
Portfolio Weighted Beta: 0.70    
CAGR: 645.31%    
AROC: 48.77%    
TROC: 15.59%    
Our 2021 Goal
2021 Dividend Goal: $1,071.42 168.28% Accomplished
2021 Portfolio Value Goal: $42,344.06 192.45% Accomplished

I love selling days as we saw in the last three weeks. I make most of my money these days. I usually adjust my trades to release my buying power as the stocks decline and my put side of the trades got in danger and that is when I make a lot of money. And when the stocks start recovering, I roll again, this time higher, and make more money. That’s why I could make a $2,909.00 premium this week and offset last week’s negative premium that happened when I bought SPY LEAPS. Now I have a positive options premium income to report and hold SPY LEAPS that will make me tons of money long term.

 

Dividend Investing and Trading Report

 
Our net-liquidating value got a hit last week when the market tanked. We dropped to $75k from $82k. That was an 8.5% dip, more than the market. The market dipped 5.4% only. But I didn’t flinch, held my positions, and more importantly continued buying more shares. That will pay a lot in the future!

As I mentioned above, we have received a great deal of options premiums when adjusting the positions. We were also reopening the expired positions last week. We still have a few positions to reopen but I have to wait for the buying power to rise to be able to start opening those new trades. My rules – see below about these rules.

Our dividend income got smaller than expected. Looks like, we have received all the dividend income in August and very little in September. Either, I have my tracking of dividend income wrong, or this was just an anomaly this season. I will leave it for now. The truth is, we only made $49 in dividends totaling $130 for September. Our expectation was to receive $411 in September.

Here are our stock holdings that contribute to our dividend income:

 
Annual Dividend Payout week 38
 

Options Investing and Trading Report

 
Last week we rolled AAPL, BA, OMF, PMT, OXY, AXP, MU, XOM, BABA, and AES strangles. All trades delivered great premiums while kept our buying power positive at all times. No margin call whatsoever.

We also opened new strangles against trades that expired last week, such as AES, MU, KBE, DKNG, OXY, and OMF.

 

You can watch all our trades in this spreadsheet. You can watch the spreadsheet and look for a “NEW” indication next to the trading date. When the indicator shows up, it is typically good for up to 3 days to follow that trade.
 

Expected Future Dividend Income

 
Our dividend income was slower last week. We received $49 only for dividends but I am still happy with it. We are in an accumulation phase so I do not care much about the total amount of dividends I am receiving. I am building the portfolio and I know it will bring fruits later.

 
Our projected annual dividend income in 10 years is $18,571.43 but that is if we do absolutely nothing and let our positions grow on their own.

We are also set to receive a $4,404.54 annual dividend income. We are 24.20% of our 10 year goal!

 
Future Divi on YOC week 38
 

The chart above shows how our future dividend income is based on the future yield on cost and what dividend income we may expect in the future. The expected dividend growth depends on what stocks we are adding to our portfolio and the stocks’ 3 years average dividend growth rate. It is interesting to see what passive income we may enjoy 10, 20, 25, or 30 years from now.

 

Market value of our holdings

 
Last week we aggressively bought shares that would ensure the future growth of our portfolio. We want growth that would outperform SPY and deliver great income. So we added SSO and SPXL leveraged ETFs into our portfolio and started accumulating these funds. It is a risky proposition but profitable in the long run. I made a goal to accumulate 25% of our portfolio in these funds and accumulate whenever they drop below 25% and sell anything above 25% and reinvest the proceeds elsewhere.

I am also accumulating SPY LEAPS but LEAPS are expensive so we have to wait to save cash first. Unfortunately, the LEAPS do not contribute to our stock holdings performance so it looks like they do not exist.

And of course, we keep accumulating dividend growth stocks, high yield dividend stocks, and growth stocks to boost the portfolio growth.

I used to accumulate cash in the ICSH fund but realized that it is a waste of money to keep a large holding in this fund making only a little above the savings account. Therefore, I split our holdings between ICSH and SPY. We still will be saving cash in the ICSH fund but also in the SPY ETF.

Our non-adjusted stock holdings market value increased from $106,589.22 to $109,309.61.

We still expect the value of our holdings to grow and outperform the market long term. Many positions in our portfolio are new and “young” and they did not have enough time to show gains yet. We were building cash reserves to buy depressed stocks during selloffs and corrections as well as negative analysts reports (as long as the company is still good long term).

 
Stock holdings week 38
 

Our goal is to accumulate 100 shares of each stock of our interest and we are getting to that goal.
 

Investing and trading ROI

 

Our options trading delivered a 1.44% monthly ROI in September 2021, totaling a 47.72% ROI YTD. We again exceeded our 45% annual revenue selling options against dividend stocks target!

Our account grew by 296.12% beating our projections and the market.
 

Our options trading averaged $4,320.56 per month this year. If this trend continues, we are on track to make $51,846.67 trading options in 2021. As of today, we have made $38,885.00 trading options. This was an increase from previous weeks and months.
 

Old SPX trades repair

 

This week, we didn’t adjust any SPX trades. Our goal is to reach a level that we will be eligible for portfolio margin (PM). Once that happens, we plan on converting the existing SPX Iron Condors to strangles and trade these positions as strangles.

With RegT margin, the capital requirements would be approx. $66,586.06 and that is beyond our means. With PM the requirement for margin would drop to around $10k. That is doable in our account. Once we reach this level, we will start adjusting our SPX trades accordingly. Until then, we will just roll these trades around.

 

Accumulating Growth Stocks

 

We started accumulating SPXL and SSO leveraged ETFs. We were stopped out last week but we bought back in when the stocks dropped further. So we are in these positions on a cheaper cost basis. We will continue purchasing these funds and we hope and plan to raise holdings in these stocks to 25% of our entire portfolio.

Once we reach that level, we will be trimming our position in SSO and SPXL if they exceed the 25% mark (price appreciation) or buy more when they drop below the 25% mark. As of today, we hold 5.48% of our net-liq in these shares.

We also added shares of AAPL to our current holdings.

 

Accumulating Rules

 

I still have issues with the rules when managing our portfolio. It is simple and easy to set the rules and say “stick to it”. But it is difficult to do so. I created a spreadsheet to track my portfolio, my trading, and my stock accumulation process. Yet I have a hard time sticking to the rules. What am I doing wrong?

I was thinking about it and realized I may have been making mistakes. I set up goals, but I set up too many of them. Then it is hard to follow them and hard to focus on them. And my mind and habits are not trained for it. I am not trained to keep a single rule!

So, I need to break those rules to even smaller tasks and focus on only one task.

The task for this season then is to trade only strangles against trades I have already open. Reopen them only when they expire (rolling to protect them is OK) and maintain my buying power at or above $2,000 at all times. At the end of any trading session, my BP must be above that level.

 

Accumulating Dividend Growth Stocks

 

Last week, we didn’t add any new dividend growth stocks.

In the upcoming weeks, we will continue to accumulate the higher yield income stocks to boost our income and reinvest the proceeds but following our accumulation rules as described in the above section.

Our goal is to reach 100 shares of high-quality dividend stocks and build a weekly dividend income as per this calendar, but we have made no changes to this goal last week:
 

Weekly dividends income calendar
 
You can see the entire spreadsheet here.

 

Market Outlook

 

The stock market sold off again on Monday last week but on Tuesday the market printed an inverted hammer. That is typically a reversal hammer if followed through. Given that the market underlying fundamentals haven’t changed, I realized that the selling was over.
 

SPX prediction next week

 
And sure enough. In the next three trading sessions, we had a strong rally. On Friday the rally was a bit muted but I think it will continue in the next few weeks and end of the year despite people still refusing to believe it and waiting for a correction that may never come.
 

SPX prediction next week

 
So what is our expectation for the future? This secular bull market has not ended and it will not end for a long time. The stock market follows earnings and earnings estimates for the rest of the year are another 28% growth for 3Q and 21% for 4Q. The recent selloff hasn’t changed that outlook.

Recently, Ryan Detrick posted on Twitter about the December lows indicator:

As we noted at the end of Q1 when the S&P 500 doesn’t violate the December lows in Q1, the rest of the yr is usually extremely strong (higher 94.3% of the time). In fact, for the full yr, the SPX is up an average of 18.4% when the Dec low isn’t violated in Q1. The S&P 500 is up 18.5% YTD.

Other technical analysts I follow agree with this outlook and predict this market to continue higher. Here is what Chirs Ciovacco posted in his weekly Youtube videos (great work by the way):
 

SPX prediction next week

 
From this table above you may want to be open for further run upwards. The same expectation was provided by Tom Lee recently in his interview with CNBC.

Bank of America also issued its prediction for next year’s earnings. They predict 30% growth. That has not been revised recently. Thus you may expect a bullish outcome in the near future.

My expectation for the next week is that S&P 500 will reach $4,500 again.
 

If you want to learn more about the stock market, events that moved the market last week and will likely impact it in the near future, I recommend you to subscribe to our weekly newsletter. Knowing where the market is heading and knowing when you should expect its reversal can benefit your trading and investing. Subscribe and you get one month free.

 

Investing and trading report in charts

 

Account Net-Liq

 

TW Account Net-Liq week 36

 

Account Stocks holding

 
TW Account holdings week 38
 

Our stock holdings still do not beat the market but I am positive that the growth will pick up and exceeds the market. We just need time and continue reinvesting the proceeds. S&P 500 grew 54.02% since we opened our portfolio while our portfolio grew 22.89% only. On YTD basis, the S&P 500 grew 24.18% and our portfolio 15.91%.

But the numbers above apply to our stock holdings in our account, not the overall account net-liq growth. Our overall account beats the market growing by 296.12%!
 

Stock holdings Growth YTD

 
TW Account holdings Growth YTD
 

I expect our stock holdings to start outperforming the market as they mature. However, these are just our stock holdings. The entire portfolio beats the market by far thanks to monetizing those positions.

Our goal is to grow this account to $1,000,000.00 value in ten years. We are in year two and we are accomplishing this goal by 8.15%.
Our goal is to grow this account to a $42,344.00 value in 2021. We already accomplished this goal.

 

Investing and Trading Report – Options Monthly Income

 
TW Options Income week 38
 

Last week, we bought SPY LEAPS, and the chart showed a negative September. Thanks to the selloff in the market last week, we rolled many trades and generated large income that fully offset last week’s negative report. We are in a positive income again.
 

Investing and Trading Report – Options Annual Income

 

TW Options Annual Income week 38
 

Our dividend goal and future dividends

 

TW Received vs Projected Dividends week 38
 

We have accomplished our dividend income goal. We planned to make $1,071 of dividend income this year and we finished receiving $1,802.99. However, we accumulated enough shares to start making $4,404.54 a year.
 

TW Received vs Future Dividends week 38

 

Our account cumulative return

 

The chart below indicates our cumulative adjusted return. It shows how the last week’s selloff shook down our returns but we are recovering along with the market.
 

TW cumulative return wk 38
 

TW win ratio wk 37
 

As of today, our account cumulative return is 42.01% (note, data in this section are since March 13, 2021, only as that is the date we started tracking these metrics. Thus the results are skewed a bit and will show full picture next year.).

 

Conclusion of our investing and trading report

 

This week our options trading was within our expectations and I believe, the rest of the month will be even better.

We will continue accumulating the dividend growth stocks in our portfolio to reach 100 shares and continue building our cash reserves so we have enough cash to sustain any market corrections and be able to buy depressed stocks.

We will report our next week’s results next Saturday. Until then, good luck and good trading!




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Posted by Martin September 23, 2021
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Why selling is over, at least for now


Yesterday, I posted why selling is over on Reddit. Moderators deleted that post later during the day and I do not know why. I can only assume that it was because the post sparked so much controversy, mockery, and hatred from other users.

 
“Yesterday, we got an inverted hammer. That is typically a reversal candle. Today’s strong follow-up can become a recovery. If we survive FED today and tomorrow we have a follow-through, this 5% pullback is done for now.”

 
Inverted hammer
 

That simple post caused a lot of controversy and mockery. The users were telling me that the selling hasn’t started yet and it is all coming, some were comparing my note about the inverted hammer to astrology (“inverted hammer aligned with Mercury and Venus will not stop selling), markets are due for a selloff, people rely on technical analysis too much, and many other responses that indicated to me that those who were reacting didn’t understand the market and forces that move it.
 

I was thinking about it and decided to address some of those responses and indicate why I think this selling is really over. Of course, there still may be some sort of black swan news or any other event that may reverse the course of the market and it still can go down but I think it is very unlikely.
 

Here are my thoughts on each argument and why this selling is over:
 

The selling is not over yet, it has not started yet

 
I have seen this argument from many investors and traders who are anticipating more selling to come. The market has been selling off for 20 days now. Yet it was not able to crash. There is simply no catalyst or fundamental reason for the market to tank. If there was an underlying fundamental problem, the market would already tank hard. Yet, for the last 20 days, it was wobbling around a 5% decline.

In March last year, the market lost 30% in 20 days. This year, we barely got 5%. This indicates that bulls and long-term investors didn’t see any problem and decided to hold their positions and didn’t join the selling spree.
 

The market is overvalued and long, long, long due for a large correction

 
Yes, the market is overvalued but it is not an issue. The valuation is caused by FED’s easy money, not by the exuberance of the market participants. The market can stay overvalued for years (in fact, it will as long as FED keeps interest rates down). But generally, the market follows earnings, not a P/E value, and as long as earnings are growing and estimates are in positive territory, the market will not care about valuation. It will care about it once FED raises the rates or earnings will start going down. As of today, earnings estimates are pointing to 30% growth next year. I only found two companies issuing warnings about their future earnings. That still doesn’t mean the market will crash.
 

P/E of S&P 500 is at historical levels

 
P/E… the favorite mantra of the bears. But the P/E is only one part of an equation. The second part is earnings. If you are a subscriber to my weekly newsletter, I write about my market outlook every week and show the relationship between the P/E and earnings to come up with the market valuation.

But moreover, looking at the current P/E, you are referring to ancient history. That P/E has been derived from historical data, from the past, from something that no longer exists. The market doesn’t care about history. It cares about the future. Today’s P/E is irrelevant.

The same goes with the Schiller P/E. It is a moving average of the multiple P/Es. And looking at it and saying: “market is overvalued and will crash” is like looking at 50-day MA and say the market will go up because the price is above the 50-day MA. Although it may go up, the moving average doesn’t have a predictive function as well as P/E doesn’t possess such predictive power.
 

FED

 
Another indication of this selling end is FED and the recent FOMC meeting notes released yesterday. Our friendly neighbor Jerome-man indicated 6 to 7 interest hikes by 2024. And the market didn’t flinch! Remember when Powell said that they would raise the rates in 2018 and the market tanked? Trump was furious at that time and was even thinking of replacing Powell for it. Today, the market ended the session with a 1.3% rally.
 

Wait for FED tapering and interest rates hike!

 
As I said above, FED announced the rates hikes. Six or seven of them! But will they actually do it?

This indicates one thing and that is that the FED expects our economy to prosper. It sees it as in good shape and growing through 2024. That alone will prop the markets for the near future, or at least until the FED actually raises the rates. So far, they have been talking about tapering and raising the rates since 2009. They were setting all sorts of limits after which they will do it. For example, Janett Yellen was talking for years about raising the rates once inflation hits the 2% mark. Today, inflation is at a 5%+ mark. So here came the “transitory” explanation to excuse no tapering and no rates raise (although I think this inflation is really transitory; I agree with Lacy Hunt on this).

So will FED do it and raise the rates? I personally doubt it. I think FED is scared itself of any market selloffs and they will do whatever it takes to make the markets flow above the water and step in every time the market’s boat gets shaky.
 

What’s next?

 
I do not rely on technical analysis only. I, in fact, suck in technical analysis. But when I saw the market printing the inverted hammer candle and knowing these fundamental relationships of the P/E, earnings, the reluctance of further selling from investors, I realized that this selling was finally over.

It doesn’t mean that there will be no more selling in the future. No, we may see another selloff next week, or next month (but most likely next year). I do not have a crystal ball to predict the next selloff (I wish I had one) but I can say with certainty that this particular selling is done. Expect a path to recovery.

I like to follow Chris Ciovacco and his weekly market analysis. He does a great job identifying past occurrences of what is happening today (or similarities). In his last video he identified similar market trends since 1950 up to today and he looked at what happened next and compared it with what is happening today.

Although this is not a prediction, it can set one’s expectations of a possible future outcome.

 
SPX historical trends
 

Can this outcome change and be different from those similar past occurrences? Of course, it can. There is no guarantee to it. As an old adage says, past performance is not a guarantee of the future outcome. But this adage is a CYA note from the brokers and investment advisors to protect themselves while the market and its behavior are about human psychology. And humans repeat themselves very often.




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Posted by Martin September 18, 2021
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2021 Week 37 investing and trading report


Two weeks of weakness and selling in September are behind us. It was interesting to see the indecisiveness of the markets and a constant battle between bears and bulls. But the bears-bulls war is not over yet. We need to see who will win the final battle. What we experienced was that all rallies were sold but shortly it turned around and all drops were bought, just to turn around again and see, once again, all rallies sold. In this investing and trading report, we will once again review our results and plans for the next upcoming weeks.

This week’s investing and trading was successful despite the selling in Wall Street and that the numbers in this report may not indicate it. Let’s look at the numbers first:

 

Here is our investing and trading report:

 

Account Value: $81,642.81 $844.16 1.04%
Options trading results
Options Premiums Received: -$3,112.00    
01 January 2021 Options: $4,209.00 +16.65%  
02 February 2021 Options: $4,884.00 +15.41%  
03 March 2021 Options: $5,258.00 +12.79%  
04 April 2021 Options: $2,336.00 +4.30%  
05 May 2021 Options: $6,346.00 +9.22%  
06 June 2021 Options: $4,677.00 +6.37%  
07 July 2021 Options: $3,865.00 +5.14%  
08 August 2021 Options: $6,133.00 +7.40%  
09 September 2021 Options: -$1,732.00 -2.12%  
Options Premiums YTD: $35,976.00 +44.07%  
Dividend income results
Dividends Received: $38.43    
01 January 2021 Dividends: $53.04    
02 February 2021 Dividends: $63.00    
03 March 2021 Dividends: $30.31    
04 April 2021 Dividends: $139.70    
05 May 2021 Dividends: $167.45    
06 June 2021 Dividends: $168.56    
07 July 2021 Dividends: $228.62    
08 August 2021 Dividends: $780.09    
09 September 2021 Dividends: $81.74    
Dividends YTD: $1,753.99    
Portfolio metrics
Portfolio Yield: 4.61%    
Portfolio Dividend Growth: 8.13%    
Ann. Div Income & YOC in 10 yrs: $18,193.65 18.37%  
Ann. Div Income & YOC in 20 yrs: $155,736.41 157.24%  
Ann. Div Income & YOC in 25 yrs: $726,662.32 733.67%  
Ann. Div Income & YOC in 30 yrs: $5,412,297.37 5,464.52%  
Portfolio Alpha: 36.59%    
Portfolio Weighted Beta: 0.72    
CAGR: 657.65%    
AROC: 44.65%    
TROC: 15.13%    
Our 2021 Goal
2021 Dividend Goal: $1,071.42 163.71% Accomplished
2021 Portfolio Value Goal: $42,344.06 192.81% Accomplished

Our Net-Liq (net liquidating value) actually went up by 1.04% despite the markets selling and losing -1.16% last week.

Since I believe, this bull market is not over yet and soon we will see a year-end rally, we bought SPY LEAPS last week. That had an impact on our premiums income. Normally, we sell options for income, but from time to time we purchase options, LEAPS are one of them. In the table above, we see our options income be negative -$1,732.00 and that we lost -$3,112.00 this week. But that is skewed by the options purchase. SPY options are expensive. We bought LEAPS worth over $5,000 last week. Without SPY LEAPS purchase, our income would be +$1,956 this week landing overall September income at $3,336.

 

Dividend Investing and Trading Report

 
Our Net-Liq (net liquidating value) actually went up by 1.04% despite the markets selling and losing -1.16% last week.

Since I believe, this bull market is not over yet and soon we will see a year-end rally, we bought SPY LEAPS last week. That had an impact on our premiums income. Normally, we sell options for income, but from time to time we purchase options, LEAPS are one of them. In the table above, we see our options income be negative -$1,732.00 and that we lost -$3,112.00 this week. But that is skewed by the options purchase. SPY options are expensive. We bought LEAPS worth over $5,000 last week. Without SPY LEAPS purchase, our income would be +$1,956 this week landing overall September income at $3,336.

Our dividend income was consistent and as expected. We expect it to continue in the near future and actually grow.

Here are our stock holdings that contribute to our dividend income:

 
Annual Dividend Payout week 37
 

Options Investing and Trading Report

 
Last week we rolled CROX strangle. It was a great opportunity to roll it as the stock jumped up strong and premiums were inflated. We adjusted that trade slightly and received $1,447 in premiums. We also rolled WEN trade as the stock continued slipping down and our put option was at the money. We lowered the trade and centered the stock price in between our strikes.

The rest of the week we only closed old trades that were about to expire that week anyway.

We took an opportunity of the selling market and bought 853 DTE SPY LEAPS. I believe, this bull market is not over and that after this selling it will go up again. We just need to survive the September and October volatility and fear. If the market slips even more than what we experienced in the last two weeks, I am prepared to buy more LEAPS down the road.

We also sold short calls against the LEAPS to generate income and we plan to sell covered calls (converting our trade to a PMCC (poor man’s covered call).

 

You can watch all our trades in this spreadsheet. You can watch the spreadsheet and look for a “NEW” indication next to the trading date. When the indicator shows up, it is typically good for up to 3 days to follow that trade.
 

Expected Future Dividend Income

 
As the table at the beginning of this report indicates, our aggressive dividend growth stocks accumulation is showing significant progress in our current and future dividends income. Our portfolio dividend yield and dividend growth will be bringing us almost $155,736.41 in 20 years and $5,412,297.37 in 30 years. It looks a bit unrealistic, but I verified the formula behind calculating the future value several times and got the same results. Nevertheless, I wish, I had that $5.4 million income now. But that is the fate of dividend growth investing. It is not a quick rich scheme and building an account takes time.

We will keep aggressively accumulating dividend growth stocks to generate liveable income sooner than in 20 years. And the portfolio is starting to show this to be happening. In just 10 years, we will start receiving $18,193.65 in today’s dollars. It is not bad considering that in March 2021 it was only $3,202.52 in projected future dividends.

 
Our projected annual dividend income in 10 years is $18,193.65 but that is if we do absolutely nothing and let our positions grow on their own.

We are also set to receive a $4,402.62 annual dividend income. We are 24.20% of our 10 year goal!

 
Future Divi on YOC week 37
 

The chart above shows how our future dividend income is based on the future yield on cost and what dividend income we may expect in the future. The expected dividend growth depends on what stocks we are adding to our portfolio and the stocks’ 3 years average dividend growth rate. It is interesting to see what passive income we may enjoy 10, 20, 25, or 30 years from now.

 

Market value of our holdings

 
We were not buying any new stock positions last week. We only re-allocated some of our holdings. We used ICSH to save money but later on, I realized that I was holding too much cash in that fund that makes no money, and long term, SPY investment will be a better cash holder than ICSH despite potential future market drops, selloffs, and recessions (remember, we have extremely friendly FED).

Therefore, I split our holdings between ICSH and SPY. We still will be saving cash in the ICSH fund but also in the SPY ETF.

Our non-adjusted stock holdings market value decreased from $115,443.70 to $106,589.22. This was caused by reallocating ICSH (a stock holding) into SPY LEAPS (options holding) plus market valuation decrease.

We still expect the value of our holdings to grow and outperform the market long term. Many positions in our portfolio are new and “young” and they did not have enough time to show gains yet. We were building cash reserves to buy depressed stocks during selloffs and corrections as well as negative analysts reports (as long as the company is still good long term). We used those reserves last week to buy LEAPS. If the market continues down in the next few weeks, we may use more reserves.

 
Stock holdings week 37
 

Our goal is to accumulate 100 shares of each stock of our interest and we are getting to that goal.
 

Investing and trading ROI

 

Our options trading delivered a -2.12% monthly ROI in September 2021, totaling a 44.07% ROI YTD. That dropped below our 45% annual revenue selling options against dividend stocks target!

Our account grew by 296.86% beating our projections and the market.
 

Our options trading averaged $3,997.33 per month this year. If this trend continues, we are on track to make $47,968.00 trading options in 2021. As of today, we have made $35,976.00 trading options. This was a decrease from previous weeks and months but again, that was due to options purchases.
 

Old SPX trades repair

 

This week, we didn’t adjust any SPX trades. Our goal is to reach a level that we will be eligible for portfolio margin (PM). Once that happens, we plan on converting the existing SPX Iron Condors to strangles and trade these positions as strangles.

With RegT margin, the capital requirements would be approx. $66,586.06 and that is beyond our means. With PM the requirement for margin would drop to around $10k. That is doable in our account. Once we reach this level, we will start adjusting our SPX trades accordingly. Until then, we will just roll these trades around.

 

Accumulating Growth Stocks

 

We started accumulating SPXL and SSO leveraged ETFs. We were stopped out last week but we bought back in when the stocks dropped further. So we are in these positions on a cheaper cost basis. We will continue purchasing these funds and we hope and plan to raise holdings in these stocks to 25% of our entire portfolio.

Once we reach that level, we will be trimming our position in SSO and SPXL if they exceed the 25% mark (price appreciation) or buy more when they drop below the 25% mark.

 

Accumulating Rules

 

I have two issues I need to focus on and improve. One is financial discipline. I tend to jump in buying new positions, accumulating stocks, despite not having enough buying power. Sometimes I get so enthusiastic that I simply go and buy. But then the market turns around and my positions start hurting me. Although I had cash reserves in the ICSH that I could sell and release the BP, I do not want that situation of receiving a maintenance call that has happened last week.

My second issue is that I am aspiring to start trading for a living. And at this point, all my income is tight to the open positions and cannot be withdrawn. That is not good if I want to live on that income. This is because I immediately reinvest and reopen the expired positions. This needs to be addressed in my trading so my income will be available to withdraw when I start trading for a living.

I have a plan for both dividend and growth stocks accumulation and options trading to address these two topics mentioned above. I also need to force myself to follow those rules strictly (I am violating them recently).

 

Stocks Accumulating Rules

 

The rule is to buy dividend or growth stocks using only 20% of any available BP that is above the minimum limit. The current minimum BP limit for September is $2,000. That is the amount which must be available at all times. I can buy stocks worth 20% of any amount above this limit.

Today, the BP is $1,324.00, $676 below the limit.

 

Options Trading Rules

 

Trading options will follow the same rules as accumulating stocks. But because trading options is our main income-generating strategy, this will actually be a strategy setting our BP limits.

We will be reopening trades that expire every month but only if the BP is above the limit and reopening new trades won’t drop the BP below the limit. If a new trade would cause the BP to drop below the limit, the trade can not be reopened and we will have to wait for the market or stocks appreciation or income from already opened trades to generate more income. We will be raising the limit every three months by $1,000 to build cash reserves.

 

Accumulating Dividend Growth Stocks

 

Last week, we didn’t add any new dividend growth stocks.

In the upcoming weeks, we will continue to accumulate the higher yield income stocks to boost our income and reinvest the proceeds but following our accumulation rules as described in the above section.

Our goal is to reach 100 shares of high-quality dividend stocks and build a weekly dividend income as per this calendar, but we have made no changes to this goal last week:
 

Weekly dividends income calendar
 
You can see the entire spreadsheet here.

 

Market Outlook

 

The stock market sold off again last week. There is a lot of fear and uncertainty out there. Many people and analysts are suddenly bearish, while just two weeks ago they were bullish. But this fear and selling could be expected. Historically, we can see up to an 8% drop. On average, the markets drop just 3% though. The 6% and 8% were extremes that occurred only two times in the past in similar markets like today.

People and investors are worried about Covid, economic slowdown, FED tapering, and taxes increase. In my opinion, none is an issue but the markets sometimes freak out about nonissues. Today, it all seems to be an issue, tomorrow, it will be a nonissue.

In this market state of indecision, it is hard to say where the market will go next. We are still in an uptrend but we are starting to see some technical damage to the trend. It can be just a bear trap, but it may spill into more selling. The issue here is that many people who were buying the dips before are no longer buying the dips and waiting for a bigger drop, (source: Vanda Research). Well, we have to wait for the markets to calm down and big money to start buying again. Retails will follow.

My expectations are the same as in previous weeks. I do not think we will see a large drop. We do not have a reason for it. There is no fundamental economic catalyst for it (it may change though but it has not changed yet). Instead, I think, this market will drift. It could be adrift down, or sideways. My expectation for the week ahead is unclear. I see no clear path or conviction. We closed below the 50-day MA and that can spike more selling next week, or computers may jump in next week and start buying. We need to sit tight and wait for the market’s decision.
 

SPX prediction next week

 

If you want to learn more about the stock market, events that moved the market last week and will likely impact it in the near future, I recommend you to subscribe to our weekly newsletter. Knowing where the market is heading and knowing when you should expect its reversal can benefit your trading and investing. Subscribe and you get one month free.

 

Investing and trading report in charts

 

Account Net-Liq

 

TW Account Net-Liq week 36

 

Account Stocks holding

 
TW Account holdings week 37
 

Our stock holdings still do not beat the market but I am positive that the growth will pick up and exceeds the market. We just need time and continue reinvesting the proceeds. S&P 500 grew 53.25% since we opened our portfolio while our portfolio grew 21.98% only. On YTD basis, the S&P 500 grew 23.40% and our portfolio 15.00%. We actually did better this week than the market.

But the numbers above apply to our stock holdings in our account, not the overall account net-liq growth. Our overall account beats the market growing by 296.86%!
 

Stock holdings Growth YTD

 
TW Account holdings Growth YTD
 

I expect our stock holdings to start outperforming the market as they mature. However, these are just our stock holdings. The entire portfolio beats the market by far thanks to monetizing those positions.

Our goal is to grow this account to $1,000,000.00 value in ten years. We are in year two.

 

Investing and Trading Report – Options Monthly Income

 
TW Options Income week 37
 

The chart above shows September negative due to purchasing options LEAPS. We will gain more income when those LEAPS appreciate over time and we start rolling them.
 

Investing and Trading Report – Options Annual Income

 

TW Options Annual Income week 37
 

Our dividend goal and future dividends

 

TW Received vs Projected Dividends week 37
 

We have accomplished our dividend income goal. We planned to make $1,071 of dividend income this year and we finished receiving $1,753.99. However, we accumulated enough shares to start making $4,401.22 a year.
 

TW Received vs Future Dividends week 37

 

Our account cumulative return

 

The chart below indicates our cumulative adjusted return. It shows how the last week’s selloff shook down our returns but we are recovering along with the market.
 

TW cumulative return wk 37
 

TW win ratio wk 37
 

As of today, our account cumulative return is 42.28% (note, data in this section are since March 13, 2021, only as that is the date we started tracking these metrics. Thus the results are skewed a bit and will show full picture next year.).

 

Conclusion of our investing and trading report

 

This week our options trading was within our expectations and I believe, the rest of the month will be even better.

We will continue accumulating the dividend growth stocks in our portfolio to reach 100 shares and continue building our cash reserves so we have enough cash to sustain any market corrections and be able to buy depressed stocks.

We will report our next week’s results next Saturday. Until then, good luck and good trading!




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Posted by Martin September 11, 2021
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2021 Week 36 investing and trading report


The second week of September turned out to be a volatile month. After the markets hit the new all-time high last week, we lost ground and retreated. I tried to find any information on why the markets went down but the only reason I could find was the economy and Covid fear. As I will write in this week’s investing and trading report, it had some impact on our account but not very much. And if you are a subscriber to our weekly newsletter, I will be writing in my weekly newsletter why I think this fear is unjustified and selling will possibly end sometimes soon.

The selloff in the market had an impact on our net-liquidating value that dropped -2.50% over the week while the S&P 500 lost -1.90% only. From that perspective, the market’s loss is a blip. We made only $5.71 in dividends and $911.00 in options premiums.

 

Here is our investing and trading report:

 

Account Value: $80,798.65 -$2,073.20 -2.50%
Options trading results
Options Premiums Received: $911.00    
01 January 2021 Options: $4,209.00 +16.65%  
02 February 2021 Options: $4,884.00 +15.41%  
03 March 2021 Options: $5,258.00 +12.79%  
04 April 2021 Options: $2,336.00 +4.30%  
05 May 2021 Options: $6,346.00 +9.22%  
06 June 2021 Options: $4,677.00 +6.37%  
07 July 2021 Options: $3,865.00 +5.14%  
08 August 2021 Options: $6,133.00 +7.40%  
09 September 2021 Options: $1,380.00 +1.71%  
Options Premiums YTD: $39,088.00 +48.38%  
Dividend income results
Dividends Received: $5.71    
01 January 2021 Dividends: $53.04    
02 February 2021 Dividends: $63.00    
03 March 2021 Dividends: $30.31    
04 April 2021 Dividends: $139.70    
05 May 2021 Dividends: $167.45    
06 June 2021 Dividends: $168.56    
07 July 2021 Dividends: $228.62    
08 August 2021 Dividends: $780.09    
09 September 2021 Dividends: $43.31    
Dividends YTD: $1,715.56    
Portfolio metrics
Portfolio Yield: 4.90%    
Portfolio Dividend Growth: 8.13%    
Ann. Div Income & YOC in 10 yrs: $21,877.05 20.24%  
Ann. Div Income & YOC in 20 yrs: $202,734.28 187.56%  
Ann. Div Income & YOC in 25 yrs: $1,008,288.49 932.83%  
Ann. Div Income & YOC in 30 yrs: $8,181,486.64 7,569.20%  
Portfolio Alpha: 41.39%    
Portfolio Weighted Beta: 0.66    
CAGR: 668.28%    
AROC: 48.67%    
TROC: 19.41%    
Our 2021 Goal
2021 Dividend Goal: $1,071.42 160.12% Accomplished
2021 Portfolio Value Goal: $42,344.06 190.81% Accomplished

 

Dividend Investing and Trading Report

 
Last week, we have received a $5.71 dividends income. We have enough stock holdings to generate a $4,471.22 annual dividend income.

Last week, our dividend income reached 160.12% of our dividend income goal. We projected to receive $1,071 in dividends in 2021. Our growth was fast and we have received $1,715.56.

Accumulating ABBV as it went down on FDA warning and Biden drugs price fears had a positive impact on our overall dividend growth and future dividend income. Yes, the regulation risk is here and I might be worried but on the other hand, how many past administrations were threatening to regulate the drug market? Just the last one, the Trump administration, also pledged that they would regulate drug prices. Yet nothing has happened. The Congress is so corrupt that the strong pharmaceutical lobby would most likely have no problem buying enough votes to put any bill off the table. It has happened before, it probably will happen again. So the market is overreacting. And I am buying.

Here are our stock holdings that contribute to our dividend income:

 
Annual Dividend Payout week 36
 

Options Investing and Trading Report

 
ABBV continued its decline on FDA warning about the side effects of a drug ABBV is manufacturing. It was not the only drug warning, so I assume it was a sort of a “bulletin of everything” warning. I have not seen it or read it so not sure what it looked like that it was so horrible to spook investors to start selling ABBV. The Biden poured more oil into the fire with his drug regulation proposal and the stock nose-dived. So I had to roll ABBV strangles down to protect my put side.

We also rolled a few other trades, such as SNOW. We converted our call spread of our Iron Condor into a put spread as the stock continued higher among all the red sea of stocks out there. We turned our at-the-money spread into the in-the-money puts. These puts are now OTM.

We rolled PPL, XOM, TSN, AXP, OMF, and O strangles. Mostly to the downside. Only a PPL strangle had to be rolled up.

And lastly, we opened a new call butterfly against Verizon (VZ).

Overall, I broke all my rules last week on accumulating stocks and scaling up the trades. That got me into trouble with available buying power. With pressure out there and increasing volatility, my BP is slashed and if the selling continues next week, I might be in trouble. So, it is time to get back to follow my rules and accumulate cash.
 

You can watch all our trades in this spreadsheet. You can watch the spreadsheet and look for a “NEW” indication next to the trading date. When the indicator shows up, it is typically good for up to 3 days to follow that trade.
 

Expected Future Dividend Income

 
As the table at the beginning of this report indicates, our aggressive dividend growth stocks accumulation is showing significant progress in our current and future dividends income. Our portfolio dividend yield and dividend growth will be bringing us almost $202,734.28 in 20 years and $8,181,486.64 in 30 years. It looks a bit unrealistic, but I verified the formula behind calculating the future value several times and got the same results. Nevertheless, I wish, I had that $8.2 million income now. But that is the fate of dividend growth investing. It is not a quick rich scheme and building an account takes time.

We will keep aggressively accumulating dividend growth stocks to generate liveable income sooner than in 20 years. And the portfolio is starting to show this to be happening. In just 10 years, we will start receiving $21,877.05 in today’s dollars. It is not bad considering that in March 2021 it was only $3,202.52 in projected future dividends.

 
Our projected annual dividend income in 10 years is $21,877.05 but that is if we do absolutely nothing and let our positions grow on their own.

We are also set to receive a $4,471.22 annual dividend income. We are 20.44% of our 10 year goal!

 
Future Divi on YOC week 36
 

The chart above shows how our future dividend income is based on the future yield on cost and what dividend income we may expect in the future. The expected dividend growth depends on what stocks we are adding to our portfolio and the stocks’ 3 years average dividend growth rate. It is interesting to see what passive income we may enjoy 10, 20, 25, or 30 years from now.

 

Market value of our holdings

 
We were accumulating ABBV but we were also stopped out from our speculative positions. That caused our non-adjusted stock holdings market value decreasing from $118,145.31 to $115,443.70.

Despite selling, mainly stocks like ABBV and AES, it is nice to see how options help our stock holdings. Without trading options, our stock holdings would be up by $7,354.48 only. With options that offset our cost basis, our stock holdings are up by $19,124.05.

Our ABBV position would be showing -4.98% overall loss now, but monetizing the position using options we could return some of the invested capital and offset the cost basis, so ABBV is still 15.45% up! And AES would be down -9.33% but with options, we are up 68.74%.

However, over time, we expect the value of our holdings to grow and outperform the market. We are also building cash reserves to buy depressed stocks during selloffs and corrections as well as negative analysts reports (as long as the company is still good long term). We didn’t have to use those reserves yet.

 
Stock holdings week 36
 

Our goal is to accumulate 100 shares of each stock of our interest and we are getting to that goal.
 

Investing and trading ROI

 

Our options trading delivered a 1.71% monthly ROI in September 2021, totaling a 48.38% ROI YTD. We exceeded our 45% annual revenue selling options against dividend stocks target!

Our account grew by 292.75% beating our projections and the market.
 

Our options trading averaged $4,343.11 per month this year. If this trend continues, we are on track to make $52,117.33 trading options in 2021. As of today, we have made $39,088.00 trading options. We are reaching our projected annual options income. Also, this is the largest options income we have ever achieved. So, now will be time to preserve that income.
 

Old SPX trades repair

 

This week, we didn’t adjust any SPX trades. Our goal is to reach a level that we will be eligible for portfolio margin (PM). Once that happens, we plan on converting the existing SPX Iron Condors to strangles and trade these positions as strangles.

With RegT margin, the capital requirements would be approx. $66,586.06 and that is beyond our means. With PM the requirement for margin would drop to around $10k. That is doable in our account. Once we reach this level, we will start adjusting our SPX trades accordingly. Until then, we will just roll these trades around.

 

Accumulating Growth Stocks

 

We started accumulating SPXL and SSO leveraged ETFs. But because these ETFs can be also very damaging to the downside, we placed a stop loss to protect our account. On Friday last week, the stop losses were hit and we were out of the positions with a small loss. If the selling continues next week, we will sit tight. But if it stops, we may reenter those positions.

We also closed our GBOX position as it no longer fits our investing narrative.

 

Accumulating Dividend Growth Stocks

 

Last week, we added another 10 shares of ABBV taking the advantage of the stock’s selloff.

In the upcoming weeks, we will continue to accumulate the higher yield income stocks to boost our income and reinvest the proceeds but within our share purchasing plan for the rest of the year (see above section).

Our goal is to reach 100 shares of high-quality dividend stocks and build a weekly dividend income as per this calendar, but we have made no changes to this goal last week:
 

Weekly dividends income calendar
 
You can see the entire spreadsheet here.

 

Market Outlook

 

The market retreated sooner than I expected but it still holds its uptrend intact. I am still bullish on the stocks. But it may be a bumpy road. I am still maintaining the $4,570 price target for September.
 

SPX prediction next week

 

If you want to learn more about the stock market, events that moved the market last week and will likely impact it in the near future, I recommend you to subscribe to our weekly newsletter. Knowing where the market is heading and knowing when you should expect its reversal can benefit your trading and investing. Subscribe and you get one month free.

 

Investing and trading report in charts

 

Account Net-Liq

 

TW Account Net-Liq week 36

 

Account Stocks holding

 
TW Account holdings week 36
 

Our stock holdings still do not beat the market but I am positive that the growth will pick up and exceeds the market. We just need time and continue reinvesting the proceeds. S&P 500 grew 54.13% since we opened our portfolio while our portfolio grew 19.85% only. On YTD basis, the S&P 500 grew 24.29% and our portfolio 12.87%.

But the numbers above apply to our stock holdings in our account, not the overall account net-liq growth. Our overall account beats the market growing by 292.75%!
 

Stock holdings Growth YTD

 
TW Account holdings Growth YTD
 

I expect our stock holdings to start outperforming the market as they mature. However, these are just our stock holdings. The entire portfolio beats the market by far thanks to monetizing those positions.

Our goal is to grow this account to $1,000,000.00 value in ten years. We are in year two.

 

Investing and Trading Report – Options Monthly Income

 
TW Options Income week 36
 

Investing and Trading Report – Options Annual Income

 

TW Options Annual Income week 36
 

Our dividend goal and future dividends

 

TW Received vs Projected Dividends week 36
 

We have accomplished our dividend income goal. We planned to make $1,071 of dividend income this year and we finished receiving $1,715.56. However, we accumulated enough shares to start making $4,471.22 a year.
 

TW Received vs Future Dividends week 36

 

Our account cumulative return

 

The chart below indicates our cumulative adjusted return. It shows how the last week’s selloff shook down our returns but we are recovering along with the market.
 

TW cumulative return wk 36
 

TW win ratio wk 35
 

As of today, our account cumulative return is 40.81% (note, data in this section are since March 13, 2021, only as that is the date we started tracking these metrics. Thus the results are skewed a bit and will show full picture next year.).

 

Conclusion of our investing and trading report

 

This week our options trading was within our expectations and I believe, the rest of the month will be even better.

We will continue accumulating the dividend growth stocks in our portfolio to reach 100 shares and continue building our cash reserves so we have enough cash to sustain any market corrections and be able to buy depressed stocks.

We will report our next week’s results next Saturday. Until then, good luck and good trading!




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Posted by Martin September 06, 2021
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Dividend Growth Stocks to Accumulate in September 2021


Another month is beginning and here is a list of stocks we would like to focus on accumulating. We have the entire watch list of stocks we like but in that watch list, not all stocks are a buy. They are just candidates. We then narrow that list down to stocks we want to trade options against and stocks we want to be buying.

 

Dividend growth stocks to accumulate in September 2021

 

Here is the list we would like to focus on this month. It also contains our progress from previous months. We pick a stock in the list and keep buying until we reach 100 shares. This helps me to focus on the goal and not get distracted too much by other stocks and tips. Sometimes, when I have money available to invest, I get paralyzed asking myself, what am I going to buy now? This list helps me to buy stocks I previously selected as good stocks to buy.

 
September 2021 dividend growth stocks
 

We are adding Virtus InfraCap U.S. Preferred Stock ETF (PFFA) stock. The fund invests in preferred stocks. I do not have much experience in investing into preferred stocks and when doing some research I found that it can damage your investments if not done well. Since I do not have any experience, I decided to get exposure to preferred stocks via an ETF.
 

If you are interested in knowing how we select stocks to our watch list, you need to subscribe to our challenge account program where we will be explaining the process.

Do your own due diligence if you decide to invest in these stocks. The information here is believed to be accurate but may have changed since publishing.
 

We will hold these stocks forever. We will sell them only when they no longer meet our dividend investing criteria (for example the company cuts the dividend) or the stock significantly underperform and better opportunities present themselves. If these companies keep paying dividends and increasing them, we will hold.

We will also sell options around these positions to offset our cost basis. During selloffs and recoveries, we may also buy call options to capture the recovery. If you are interested to see what we are buying and what options we are selling/buying, subscribe to our program.
 
 




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Posted by Martin September 06, 2021
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August 2021 $100 Challenge account review


August ended for our Challenge account. It was a successful month though. Although our account is still very young and is growing slowly, it is already showing signs of speeding up. We still hold our option position which is affecting our net-liquidation value but as the trade progresses towards expiration, it will make our Net-Liq going up.

We keep saving cash and trading strangles to generate enough cash to grow our account on top of the dividends and deposits. This is the fate of every small account. Any investor who starts investing with little cash and little to invest every month must exercise a lot of patience. Today, people, young investors want to be rich quick, they dismiss the power of small steps and they want to jump to the big league right away. But small drops of water make the ocean.

What would you prefer? Have small steps, small deposits, and small safe trades compounding over time and growing to a large account, or risk everything at once and eventually blow it all off?

I was there myself. I started learning options from 2010 to 2013. I started trading as a business in 2014. But I wanted to grow my account fast. And I started trading risky trades, like SPX trades. It worked for a while and I quadrupled my money. But then a few bad trades wiped it all out. For five years I was fighting my pride and reality. Just browse through this blog. You will find the entire history of my trading here. My boasting and my failures.

In 2019 I finally came to the realization that everything I was doing was futile. For example, if you want to trade SPX trades, you must have capital available. If you think you can make it with just a $5,000 account, be prepared for a hard awakening. Yes, you may be lucky and you may double or triple your small account. It is called beginner luck. But I can almost guarantee you that at some point in time, you will lose it. Why? Because trading SPX will require trading Iron Condors, unless you have at least $100k or more account available (here come the capitalization question again). And it is no secret that no strategy works always all the time. There will be times when you will have to adjust your Iron Condor to a different trade in order to survive. If you have no capital, you will be doomed to close your trade for a loss. And you start compounding losses, one by one, little by little until you drop to zero. Call it a reversed compounding.

Here is how my account looked like back then:
 

Boom-bust history

 
As you can see, my account could go up for a few years before it went all bust. Two years of winning streak and I felt like a master trader. A master with a bitter end. The worst thing was that there was nothing I could do to stop the bleeding. I could close the positions to take the huge losses right away, or just prolong the bleeding over time. Inevitable end. It was not a matter of if, but how long.

So, you can repeat my mistakes, or learn from them. And that is why I started this challenge account. To show that it is possible to make money with a small account and grow it large, but most importantly, keep the winnings and not blow your account.

 

Accumulation phase

 
The account is slightly underperforming our goal but it is on the path to success. We are now trading small trades (strangles) and we will continue accumulating shares for our next options trade. The strangles are consuming collateral buying power but as they near towards expiration we will see a jump in BP and net-liq.

We are trading strangles because they are easier to manage compared to Iron Condors, but they are also a bit more expensive as far as capital requirements go. That is why choosing good stocks to trade is crucial. Choose safe, stable stocks, providing enough premium and stability. And that is what we are doing.
 

August 2021 Challenge account review

 

MONTH GOAL $$ ACTUAL $$
June 2021: $203.00 $202.67
July 2021: $306.00 $334.75
August 2021: $409.00 $397.71
September 2021: $512.00  
October 2021: $615.00  
November 2021: $718.00  
December 2021: $821.00  
January 2022: $924.00  
February 2022: $1,027.00  
March 2022: $1,130.00  
April 2022: $1,233.00  
May 2022: $1,336.00  

 

$100 Challenge account review

 
From the chart above, the red dot (line) indicates the current account value, compared to the blue line (plan). Our account is trailing our goal. When trading naked options, expect volatility in your net-liq. That can be seen by some as a disadvantage. When trading spreads, your net-liq will be stabilized by neutralizing delta. With naked options, you would have to choose other instruments to do so, for example owning stocks to neutralize your call side. We do not have this yet as our account is small, but we are building our position.
 

August 2021 Overall Challenge account review

 
The chart below indicates our account value compared to the overall goal and plan to grow $100 investment into a $75,000 portfolio. As of today, we are at the beginning of our journey.

YEAR CONTRIBUTIONS $$ GOAL $$ ACTUAL $$
Year 0: $100.00 $100.00 $100.00
Year 1: $1,300.00 $1,336.00 $397.71
Year 2: $2,500.00 $3,016.96  
Year 3: $3,700.00 $5,303.07  
Year 4: $4,900.00 $8,412.17  
Year 5: $6,100.00 $12,640.55  
Year 6: $7,300.00 $18,391.15  
Year 7: $8,500.00 $26,211.96  
Year 8: $9,700.00 $36,848.27  
Year 9: $10,900.00 $51,313.64  
Year 10: $12,100.00 $70,986.56  

 

$100 Challenge account review goal

 

August 2021 Cumulative return Challenge account review

 

As of today, our challenge account provided a -3.43% monthly cumulative return.
 

$100 Challenge account review goal

 
$100 Challenge account review goal

 

If you want to see what investments we take, what trades and strategies we will use to grow this small account join our program today and grow your money too. We engage in safe investments, select strategies to maximize winning trades, and grow our portfolio. And you can do it too, today! We do not provide quick rich promises, gambling, or reckless strategies. We want our portfolio to grow steadily and preserving our capital while maximizing returns.

 

 




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Posted by Martin September 05, 2021
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2021 Week 35 investing and trading report


August is done! Another best month investing and trading dividend growth stocks and options. This month turned up to be absolutely the best as far as Net-Liq growth. This month, our net liquidating value jumped up by a whopping $7,000 dollars! This week we lost -$48.00 in options premiums. It was because of options trades adjustments that we did closing some trades still in August and reopening them in September. But overall, we made $6,133.00 in options premiums in August. And the dividends were even better this month. We received $780.09 in August. The most we ever had. I am happy with the performance of our account. Let’s see how we will perform in September.

September started well too. So far, we have received $469.00 in premiums and $37.60 in dividends.
 

Here is our investing and trading report:

 

Account Value: $82,871.85 $1,598.38 +1.97%
Options trading results
Options Premiums Received: -$48.00    
01 January 2021 Options: $4,209.00 +16.65%  
02 February 2021 Options: $4,884.00 +15.41%  
03 March 2021 Options: $5,258.00 +12.79%  
04 April 2021 Options: $2,336.00 +4.30%  
05 May 2021 Options: $6,346.00 +9.22%  
06 June 2021 Options: $4,677.00 +6.37%  
07 July 2021 Options: $3,865.00 +5.14%  
08 August 2021 Options: $6,133.00 +7.40%  
09 September 2021 Options: $469.00 +0.57%  
Options Premiums YTD: $38,177.00 +46.07%  
Dividend income results
Dividends Received: $144.61    
01 January 2021 Dividends: $53.04    
02 February 2021 Dividends: $63.00    
03 March 2021 Dividends: $30.31    
04 April 2021 Dividends: $139.70    
05 May 2021 Dividends: $167.45    
06 June 2021 Dividends: $168.56    
07 July 2021 Dividends: $228.62    
08 August 2021 Dividends: $780.09    
09 September 2021 Dividends: $37.60    
Dividends YTD: $1,709.85    
Portfolio metrics
Portfolio Yield: 4.55%    
Portfolio Dividend Growth: 8.13%    
Ann. Div Income & YOC in 10 yrs: $19,580.50 18.02%  
Ann. Div Income & YOC in 20 yrs: $165,016.24 151.83%  
Ann. Div Income & YOC in 25 yrs: $760,348.15 699.60%  
Ann. Div Income & YOC in 30 yrs: $5,568,246.11 5,123.38%  
Portfolio Alpha: 39.10%    
Portfolio Weighted Beta: 0.66    
CAGR: 685.35%    
AROC: 46.72%    
TROC: 16.91%    
Our 2021 Goal
2021 Dividend Goal: $1,071.42 159.59% Accomplished
2021 Portfolio Value Goal: $42,344.06 195.71% Accomplished

 

Dividend Investing and Trading Report

 
Last week, we have received a $144.61 dividends income. We have enough stock holdings to generate a $4,421.90 annual dividend income.

Last week, our dividend income reached 159.59% of our dividend income goal. We projected to receive $1,071 in dividends in 2021. Our growth was fast and we have received $1,709.85.

Here are our stock holdings that contribute to our dividend income:

 
Annual Dividend Payout week 35
 

Options Investing and Trading Report

 
Last week, we rolled our trades against ABBV. The stock got unexpectedly hammered by an FDA announcement about the side effects of a drug manufactured by ABBV. Of course, the market overreacted as is typical, but we wanted to make sure the trade is always safe, so we rolled it down. We also took the opportunity and bought shares of ABBV.

We also rolled OXY strangle that was in the money. We tried to open a butterfly against AMZN but unfortunately, the stock moved too fast. It moved in our direction and the way we wanted, but too fast so we had to close that trade for a small loss.

We rolled AAPL trade as well, last week. And lastly, we opened a new TSLA put spread.

We plan all new and existing trades to expire worthless. We will roll them only if in danger or they become worthless with a lot of time left in them.
 

You can watch all our trades in this spreadsheet. You can watch the spreadsheet and look for a “NEW” indication next to the trading date. When the indicator shows up, it is typically good for up to 3 days to follow that trade.
 

Expected Future Dividend Income

 
As the table at the beginning of this report indicates, our aggressive dividend growth stocks accumulation is starting to show significant progress in our current and future dividends income. Our portfolio dividend yield and dividend growth will be bringing us almost $165,016.24 in 20 years and $5,568,246.11 in 30 years. I wish, I had that $5.5 million income now. But that is the fate of dividend growth investing. It is not a quick rich scheme and building an account takes time.

We will keep aggressively accumulating dividend growth stocks to generate liveable income sooner than in 20 years. And the portfolio is starting to show this to be happening. In just 10 years, we will start receiving $19,580.50 in today’s dollars. It is not bad considering that in March 2021 it was only $3,202.52 in projected future dividends.

 
Our projected annual dividend income in 10 years is $19,580.50 but that is if we do absolutely nothing and let our positions grow on their own.

We are also set to receive a $4,421.90 annual dividend income. We are 22.58% of our 10 year goal!

 
Future Divi on YOC week 35
 

The chart above shows how our future dividend income is based on the future yield on cost and what dividend income we may expect in the future. The expected dividend growth depends on what stocks we are adding to our portfolio and the stocks’ 3 years average dividend growth rate. It is interesting to see what passive income we may enjoy 10, 20, 25, or 30 years from now.

 

Market value of our holdings

 
Our non-adjusted stock holdings market value increased from $114,902.05 to $118,145.31.

It is nice to see how options help our stock holdings. Without trading options, our stock holdings would be up by $9,462.18 only. With options that offset our cost basis, our stock holdings are up by $20,454.18

As the markets and businesses continue growing, we expect the value of our holdings to grow even more. We are also building cash reserves to buy depressed stocks during selloffs and corrections as well as negative analysts reports (as long as the company is still good long term).

 
Stock holdings week 35
 

We are accumulating the dividend growth stocks (and some income-only stocks) not only to build a strong dividend income but also to create a “rental property” in our portfolio that can be monetized and generate additional income. This strategy will also provide safety for our strangles and cover our call side.

Our goal is to accumulate 100 shares of each stock of our interest and we are getting to that goal.
 

Investing and trading ROI

 

Our options trading delivered a 7.40% monthly ROI in August 2021, totaling a 46.07% ROI YTD. We exceeded our 45% annual revenue selling options against dividend stocks target!

Our account grew by 302.83% beating our projections and the market.
 

Our options trading averaged $4,241.89 per month this year. If this trend continues, we are on track to make $50,902.67 trading options in 2021. As of today, we have made $38,177.00 trading options. We are over halfway of the projected annual income.
 

Old SPX trades repair

 

This week, we didn’t adjust any SPX trades. Our goal is to reach a level that we will be eligible for portfolio margin (PM). Once that happens, we plan on converting the existing SPX Iron Condors to strangles and trade these positions as strangles.

With RegT margin, the capital requirements would be approx. $66,586.06 and that is beyond our means. With PM the requirement for margin would drop to around $10k. That is doable in our account. Once we reach this level, we will start adjusting our SPX trades accordingly. Until then, we will just roll these trades around.

 

Accumulating Growth Stocks

 

Last week, we didn’t buy any new growth stocks. We however decided to start accumulating 2x and 3x leveraged ETFs. We bought 10 shares of SSO and 2 shares of SPXL. We also placed a stop loss to protect our downside and hopefully, let these ETFs run-up. We plan on accumulating up to 20% of our entire portfolio in these ETFs. Then we will manage the position by trimming any exceeds and accumulating when we get below the desired target.

 

Accumulating Dividend Growth Stocks

 

Last week, we added 10 shares of ABBV taking the advantage of the stock’s selloff. And we added 10 shares of ICSH.

In the upcoming weeks, we will continue to accumulate the higher yield income stocks to boost our income and reinvest the proceeds but within our share purchasing plan for the rest of the year (see above section).

Our goal is to reach 100 shares of high-quality dividend stocks and build a weekly dividend income as per this calendar, but we have made no changes to this goal last week:
 

Weekly dividends income calendar
 
You can see the entire spreadsheet here.

 

Market Outlook

 

The S&P 500 is still in a strong uptrend but it is showing signs of a slowdown.

There is still no resistance for S&P500, so the sky is the limit. The support is at $4,407 and it is a weak buy this week.

I expect the market to reach $4,570 by the end of September but it may change.
 

SPX prediction next week

 

If you want to learn more about the stock market, events that moved the market last week and will likely impact it in the near future, I recommend you to subscribe to our weekly newsletter. Knowing where the market is heading and knowing when you should expect its reversal can benefit your trading and investing. Subscribe and you get one month free.

 

Investing and trading report in charts

 

Account Net-Liq

 

TW Account Net-Liq week 35

 

Account Stocks holding

 
TW Account holdings week 35
 

Our stock holdings still do not beat the market but I am positive that the growth will pick up and exceeds the market. We just need time and continue reinvesting the proceeds. S&P 500 grew 56.79% since we opened our portfolio while our portfolio grew 20.94% only. On YTD basis, the S&P 500 grew 26.94% and our portfolio 13.95%.

But the numbers above apply to our stock holdings in our account, not the overall account net-liq growth. Our overall account beats the market growing by 302.83%!
 

Stock holdings Growth YTD

 
TW Account holdings Growth YTD
 

I expect our stock holdings to start outperforming the market as they mature. However, these are just our stock holdings. The entire portfolio beats the market by far thanks to monetizing those positions.

Our goal is to grow this account to $1,000,000.00 value in ten years. We are in year two.

 

Investing and Trading Report – Options Monthly Income

 
TW Options Income week 35
 

Investing and Trading Report – Options Annual Income

 

TW Options Annual Income week 35
 

Our dividend goal and future dividends

 

TW Received vs Projected Dividends week 35
 

We have accomplished our dividend income goal. We planned to make $1,071 of dividend income this year and we finished receiving $1,709.85. However, we accumulated enough shares to start making $4,421.90 a year.
 

TW Received vs Future Dividends week 35

 

Our account cumulative return

 

The chart below indicates our cumulative adjusted return. It shows how the last week’s selloff shook down our returns but we are recovering along with the market.
 

TW cumulative return wk 35
 

TW win ratio wk 35
 

As of today, our account cumulative return is 44.42% (note, data in this section are since March 13, 2021, only as that is the date we started tracking these metrics. Thus the results are skewed a bit and will show full picture next year.).

 

Conclusion of our investing and trading report

 

This week our options trading was within our expectations and I believe, the rest of the month will be even better.

We will continue accumulating the dividend growth stocks in our portfolio to reach 100 shares and continue building our cash reserves so we have enough cash to sustain any market corrections and be able to buy depressed stocks.

We will report our next week’s results next Saturday. Until then, good luck and good trading!




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Posted by Martin August 28, 2021
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2021 Week 34 investing and trading report


Last week of August (we will have a few days of August next week) and here is our weekly investing and trading report. Our account net-liq recovered from last week and created a new all-time high same as Nasdaq that broke up from a consolidation pattern and closed in a new all-time high too.

August turned out to be our second best month ever trading stock options. We made $6,181.00 this month. It was a bit shy of May’s income that reached $6,346.00. But the month is not completely over. We will have Monday and Tuesday next week. We still may be able to add additional income.

This month was also our best month in dividend income. We made over $600 in August in dividends.
 

Here is our investing and trading report:

 

Account Value: $81,273.47 $3,722.07 4.80%
Options trading results
Options Premiums Received: $1,657.00    
01 January 2021 Options: $4,209.00 +16.65%  
02 February 2021 Options: $4,884.00 +15.41%  
03 March 2021 Options: $5,258.00 +12.79%  
04 April 2021 Options: $2,336.00 +4.30%  
05 May 2021 Options: $6,346.00 +9.22%  
06 June 2021 Options: $4,677.00 +6.37%  
07 July 2021 Options: $3,865.00 +5.14%  
08 August 2021 Options: $6,181.00 +7.61%  
Options Premiums YTD: $37,756.00 +46.46%  
Dividend income results
Dividends Received: $0.00    
01 January 2021 Dividends: $53.04    
02 February 2021 Dividends: $63.00    
03 March 2021 Dividends: $30.31    
04 April 2021 Dividends: $139.70    
05 May 2021 Dividends: $167.45    
06 June 2021 Dividends: $168.56    
07 July 2021 Dividends: $228.62    
08 August 2021 Dividends: $635.48    
Dividends YTD: $1,527.64    
Portfolio metrics
Portfolio Yield: 4.62%    
Portfolio Dividend Growth: 8.13%    
Ann. Div Income & YOC in 10 yrs: $19,399.37 18.39%  
Ann. Div Income & YOC in 20 yrs: $166,234.77 157.62%  
Ann. Div Income & YOC in 25 yrs: $776,315.49 736.07%  
Ann. Div Income & YOC in 30 yrs: $5,788,821.57 5,488.69%  
Portfolio Alpha: 39.33%    
Portfolio Weighted Beta: 0.68    
CAGR: 693.79%    
AROC: 34.56%    
TROC: 17.32%    
Our 2021 Goal
2021 Dividend Goal: $1,071.42 142.58% Accomplished
2021 Portfolio Value Goal: $42,344.06 191.94% Accomplished

 

Dividend Investing and Trading Report

 
Last week, we have received a $0.00 dividends income. We have enough stock holdings to generate a $4,309.68 annual dividend income.

Last week, our dividend income reached 142.58% of our dividend income goal. We projected to receive $1,071 in dividends in 2021. Our growth was fast and we have received $1,527.64.

Here are our stock holdings that contribute to our dividend income:

 
Annual Dividend Payout week 34
 

Options Investing and Trading Report

 
Last week we rolled options that got in trouble. Rolling trades make us the most cash income, although not always that income is available to withdraw due to buying power collateral. The biggest trouble but also money maker was again BABA. We rolled our strangles to lower our puts as it seems, BABA is on the way down to $100 a share. So we wanted to give our trade more room to absorb this downtrend. We also rolled trades such as BEPC, AXP, and DKNG.

We also opened a few new trades against the previously expired trades such as AES, ABBV, KBE, O, and WEN strangles. Some trades couldn’t be opened (such as IJS, to APAM) because our broker restricted trading with these stocks due to fraudulent stock market manipulation. So we opened trades against AAPL and BA instead. A few new trades that were added on top of the reopened trades were a new trade against DKNG and OXY.
 

You can watch all our trades in this spreadsheet. You can watch the spreadsheet and look for a “NEW” indication next to the trading date. When the indicator shows up, it is typically good for up to 3 days to follow that trade.
 

Expected Future Dividend Income

 
As the table at the beginning of this report indicates, our aggressive dividend growth stocks accumulation is starting to show significant progress in our current and future dividends income. Our portfolio dividend yield and dividend growth will be bringing us almost $166,234.77 in 20 years and $5,788,821.57 in 30 years. I wish, I had that $5.7 million income now. But that is the fate of dividend growth investing. It is not a quick rich scheme and building an account takes time.

We will keep aggressively accumulating dividend growth stocks to generate liveable income sooner than in 20 years. And the portfolio is starting to show this to be happening. In just 10 years, we will start receiving $19,399.37 in today’s dollars. It is not bad considering that in March 2021 it was only $3,202.52 in projected future dividends.

 
Our projected annual dividend income in 10 years is $19,399.37 but that is if we do absolutely nothing and let our positions grow on their own.

We are also set to receive a $4,309.68 annual dividend income. We are 22.22% of our 10 year goal!

 
Future Divi on YOC week 34
 

The chart above shows how our future dividend income is based on the future yield on cost and what dividend income we may expect in the future. The expected dividend growth depends on what stocks we are adding to our portfolio and the stocks’ 3 years average dividend growth rate. It is interesting to see what passive income we may enjoy 10, 20, 25, or 30 years from now.

 

Market value of our holdings

 
Our non-adjusted stock holdings market value increased from $106,171.06 to $114,902.05.

As the markets and businesses continue growing, we expect the value of our holdings to grow even more. We are also building cash reserves to buy depressed stocks during selloffs and corrections as well as negative analysts reports (as long as the company is still good long term).

 
Stock holdings week 34
 

We are accumulating the dividend growth stocks (and some income-only stocks) not only to build a strong dividend income but also to create a “rental property” in our portfolio that can be monetized and generate additional income. This strategy will also provide safety for our strangles and cover our call side.

Our goal is to accumulate 100 shares of each stock of our interest and we are getting to that goal.
 

Investing and trading ROI

 

Our options trading delivered a 7.61% monthly ROI in August 2021, totaling a 46.46% ROI YTD. We exceeded our 45% annual revenue selling options against dividend stocks target!

Our account grew by 295.06% beating our projections and the market.
 

Our options trading averaged $4,719.50 per month this year. If this trend continues, we are on track to make $56,634.00 trading options in 2021. As of today, we have made $37,756.00 trading options. We are over halfway of the projected annual income.
 

Old SPX trades repair

 

This week, we didn’t adjust any SPX trades. Our goal is to reach a level that we will be eligible for portfolio margin (PM). Once that happens, we plan on converting the existing SPX Iron Condors to strangles and trade these positions as strangles.

With RegT margin, the capital requirements would be approx. $66,586.06 and that is beyond our means. With PM the requirement for margin would drop to around $10k. That is doable in our account. Once we reach this level, we will start adjusting our SPX trades accordingly. Until then, we will just roll these trades around.

 

Accumulating Growth Stocks

 

Last week, we added 1 share of AMZN to our holdings.

Our plan for the rest of the year is to accumulate cash. We only add dividend growth stocks when an opportunity shows up. Our rule for the rest of the year is to use 20% of our available buying power that is above $2,000 to buy new shares per week. The rest of the BP will be kept intact to grow our cash reserves.

 

Accumulating Dividend Growth Stocks

 

Last week, we added 20 shares of ICSH, 4 shares of AAPL, 10 shares of VICI, 5 shares of MU, and 25 shares of AES.

In the upcoming weeks, we will continue to accumulate the higher yield income stocks to boost our income and reinvest the proceeds but within our share purchasing plan for the rest of the year (see above section).

Our goal is to reach 100 shares of high-quality dividend stocks and build a weekly dividend income as per this calendar, but we have made no changes to this goal last week:
 

Weekly dividends income calendar
 
You can see the entire spreadsheet here.

 

Market Outlook

 

The market rallied last week and created new all-time highs. At first, the market was muted by expected Powell’s speech in Jackson Hole in Wyoming and when Powell assured us that FED will pretty much do nothing as far as tapering (possibly some bond purchasing program reduction), the markets rallied again.

It was in fact obvious that even if Powell said something markets would not like, it would be shrugged off and we will rally again.

Our expectation was that S&P 500 reaches $4,500 during the last week of August and in September. We expected mostly flat movement. The market hit the target in the middle of the week.

 
Market Outlook week 34
 

We think the market will gain momentum for the rest of August and the first half of September 2021. It then may cool down a bit. But we think S&P 500 will reach the $4,600 mark by September 27th.

 
Market Outlook week 34
 

There is still no resistance for S&P500, so the sky is the limit. The support is at $4,377. The market’s trend is still bullish. It may change in the future, but it hasn’t changed yet.
 

Want to learn more about our market outlook? We publish a weekly newsletter where we review all economic activities that may have impacted the market and provide market outlook and expectations. Subscribe here to receive a newsletter every week.

 

Investing and trading report in charts

 

Account Net-Liq

 

TW Account Net-Liq week 34

 

Account Stocks holding

 
TW Account holdings week 34
 

Our stock holdings still do not beat the market but I am positive that the growth will pick up and exceeds the market. We just need time and continue reinvesting the proceeds. S&P 500 grew 55.89% since we opened our portfolio while our portfolio grew 21.20% only. On YTD basis, the S&P 500 grew 26.04% and our portfolio 14.22%.

But the numbers above apply to our stock holdings in our account, not the overall account net-liq growth. Our overall account beats the market growing by 295.06%!
 

Stock holdings Growth YTD

 
TW Account holdings Growth YTD
 

I expect our stock holdings to start outperforming the market as they mature. However, these are just our stock holdings. The entire portfolio beats the market by far thanks to monetizing those positions.

Our goal is to grow this account to $1,000,000.00 value in ten years. We are in year two.

 

Investing and Trading Report – Options Monthly Income

 
TW Options Income week 34
 

Investing and Trading Report – Options Annual Income

 

TW Options Annual Income week 34
 

Our dividend goal and future dividends

 

TW Received vs Projected Dividends week 34
 

We have accomplished our dividend income goal. We planned to make $1,071 of dividend income this year and we finished receiving $1,527.64. However, we accumulated enough shares to start making $4,309.68 a year.
 

TW Received vs Future Dividends week 34

The chart above shows that our dividend holdings caught up with the dividend payout cycle and we started receiving monthly dividends as projected.

 

Our account cumulative return

 

The chart below indicates our cumulative adjusted return. It shows how the last week’s selloff shook down our returns but we are recovering along with the market.
 

TW cumulative return wk 34
 

TW win ratio wk 34
 

As of today, our account cumulative return is 41.63% (note, data in this section are since March 13, 2021, only as that is the date we started tracking these metrics. Thus the results are skewed a bit and will show full picture next year.).

 

Conclusion of our investing and trading report

 

This week our options trading was within our expectations and I believe, the rest of the month will be even better.

We will continue accumulating the dividend growth stocks in our portfolio to reach 100 shares and continue building our cash reserves so we have enough cash to sustain any market corrections and be able to buy depressed stocks.

We will report our next week’s results next Saturday. Until then, good luck and good trading!




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Posted by Martin August 22, 2021
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2021 Week 33 investing and trading report


Another week of August is over. We had our server migrated on Saturday and our website was down the entire day! This investing and trading report shows that it was again a successful week! At first, it looked like a dull week but then the market started sell-off throwing a taper tantrum over FEDs meeting minutes and everything changed. I make the most money rolling and adjusting trades than the original ones.

Last week we received a large dividend from our holdings. It was a surprise. That makes August our best month of dividend income so far! Our options income also jumped up significantly in the second half of the week bringing August to be the 6th best month in options income. But August is not over yet! We have two more weeks to trade! And, we had 11 trades that expired last Friday that we will be reopening next week. These trades will deliver additional options income.

Our Net-Liq dropped, however, due to the market turmoil. But at this point, it doesn’t matter to me. The pullback is temporary.
 

Here is our investing and trading report:

 

Account Value: $77,551.40 -$1,899.31 -2.39%
Options trading results
Options Premiums Received: $2,327.00    
01 January 2021 Options: $4,209.00 +16.65%  
02 February 2021 Options: $4,884.00 +15.41%  
03 March 2021 Options: $5,258.00 +12.79%  
04 April 2021 Options: $2,336.00 +4.30%  
05 May 2021 Options: $6,346.00 +9.22%  
06 June 2021 Options: $4,677.00 +6.37%  
07 July 2021 Options: $3,865.00 +5.14%  
08 August 2021 Options: $4,524.00 +5.83%  
Options Premiums YTD: $36,099.00 +46.55%  
Dividend income results
Dividends Received: $168.07    
01 January 2021 Dividends: $53.04    
02 February 2021 Dividends: $63.00    
03 March 2021 Dividends: $30.31    
04 April 2021 Dividends: $139.70    
05 May 2021 Dividends: $167.45    
06 June 2021 Dividends: $168.56    
07 July 2021 Dividends: $228.62    
08 August 2021 Dividends: $635.48    
Dividends YTD: $1,527.64    
Portfolio metrics
Portfolio Yield: 4.72%    
Portfolio Dividend Growth: 8.13%    
Ann. Div Income & YOC in 10 yrs: $18,917.72 19.05%  
Ann. Div Income & YOC in 20 yrs: $166,773.41 167.93%  
Ann. Div Income & YOC in 25 yrs: $796,831.62 802.36%  
Ann. Div Income & YOC in 30 yrs: $6,127,104.50 6,169.59%  
Portfolio Alpha: 39.56%    
Portfolio Weighted Beta: 0.66    
CAGR: 689.54%    
AROC: 47.92%    
TROC: 21.74%    
Our 2021 Goal
2021 Dividend Goal: $1,071.42 142.58% Accomplished
2021 Portfolio Value Goal: $42,344.06 183.15% Accomplished

 

Dividend Investing and Trading Report

 
Last week, we have received a $168.07 dividends income. We have enough stock holdings to generate a $4,282.26 annual dividend income.

Last week, our dividend income reached 142.58% of our dividend income goal. We projected to receive $1,071 in dividends in 2021. Our growth was fast and we have received $1,527.64.

Here are our stock holdings that contribute to our dividend income:

 
Annual Dividend Payout week 33
 

Options Investing and Trading Report

 
Last week we rolled options that got in trouble. Rolling trades make us the most cash income, although not always that income is available to withdraw due to buying power collateral. The biggest trouble but also money maker was again BABA. We rolled our strangles to lower our puts as it seems, BABA is on the way down to $100 a share. So we wanted to give our trade more room to absorb this downtrend.

We had 11 trades that expired on August 20th. Next week, we will re-enter these trades (tickers). We will only replace the expired trades and we will not be adding any new ones for the rest of the year to consolidate our gains and account.
 

You can watch all our trades in this spreadsheet. You can watch the spreadsheet and look for a “NEW” indication next to the trading date. When the indicator shows up, it is typically good for up to 3 days to follow that trade.
 

Expected Future Dividend Income

 
As the table at the beginning of this report indicates, our aggressive dividend growth stocks accumulation is starting to show significant progress in our current and future dividends income. Our portfolio dividend yield and dividend growth will be bringing us almost $166,773.41 in 20 years and $6,127,104.50 in 30 years. I wish, I had that $6.2 million income now. But that is the fate of dividend growth investing. It is not a quick rich scheme and building an account takes time.

We will keep aggressively accumulating dividend growth stocks to generate liveable income sooner than in 20 years. And the portfolio is starting to show this to be happening. In just 10 years, we will start receiving $18,917.72 in today’s dollars. It is not bad considering that in March 2021 it was only $3,202.52 in projected future dividends.

 
Our projected annual dividend income in 10 years is $18,917.72 but that is if we do absolutely nothing and let our positions grow on their own.

We are also set to receive a $4,282.26 annual dividend income. We are 22.64% of our 10 year goal!

 
Future Divi on YOC week 33
 

The chart above shows how our future dividend income is based on the future yield on cost and what dividend income we may expect in the future. The expected dividend growth depends on what stocks we are adding to our portfolio and the stocks’ 3 years average dividend growth rate. It is interesting to see what passive income we may enjoy 10, 20, 25, or 30 years from now.

 

Market value of our holdings

 
Our non-adjusted stock holdings market value increased from $103,867.40 to $106,171.06.

As the markets and businesses continue growing, we expect the value of our holdings to grow even more. We are also building cash reserves to buy depressed stocks during selloffs and corrections as well as negative analysts reports (as long as the company is still good long term).

 
Stock holdings week 33
 

We are accumulating the dividend growth stocks (and some income-only stocks) not only to build a strong dividend income but also to create a “rental property” in our portfolio that can be monetized and generate additional income. This strategy will also provide safety for our strangles and cover our call side.

Our goal is to accumulate 100 shares of each stock of our interest and we are getting to that goal.
 

Investing and trading ROI

 

Our options trading delivered a 5.83% monthly ROI in July 2021, totaling a 46.55% ROI YTD. We exceeded our 45% annual revenue selling options against dividend stocks target!

Our account grew by 276.97% beating our projections and the market.
 

Our options trading averaged $4,512.38 per month this year. If this trend continues, we are on track to make $54,148.50 trading options in 2021. As of today, we have made $36,099.00 trading options. We are over halfway of the projected annual income.
 

Old SPX trades repair

 

This week, we didn’t adjust any SPX trades. Our goal is to reach a level that we will be eligible for portfolio margin (PM). Once that happens, we plan on converting the existing SPX Iron Condors to strangles and trade these positions as strangles.

With RegT margin, the capital requirements would be approx. $66,586.06 and that is beyond our means. With PM the requirement for margin would drop to around $10k. That is doable in our account. Once we reach this level, we will start adjusting our SPX trades accordingly. Until then, we will just roll these trades around.

 

Accumulating Growth Stocks

 

Last week, we added 1 share of TSLA and 2 shares of SNOW to our holdings.

Our plan for the rest of the year is to accumulate cash. We only add dividend growth stocks when an opportunity shows up. Our rule for the rest of the year is to use 20% of our available buying power that is above $2,000 to buy new shares per week. The rest of the BP will be kept intact to grow our cash reserves.

 

Accumulating Dividend Growth Stocks

 

Last week, we added 6 shares of VICI, 25 shares of ICSH, 50 shares of PMT, and 5 shares of TD.

In the upcoming weeks, we will continue to accumulate the higher yield income stocks to boost our income and reinvest the proceeds but within our share purchasing plan for the rest of the year (see above section).

Our goal is to reach 100 shares of high-quality dividend stocks and build a weekly dividend income as per this calendar, but we have made no changes to this goal last week:
 

Weekly dividends income calendar
 
You can see the entire spreadsheet here.

 

Market Outlook

 

The S&P 500 is in a strong uptrend and even a little taper tantrum the market threw at us because of FED’s meeting minutes talking about possible tapering (talking, not doing!) didn’t derail this trend.

 
Market Outlook week 33
 

There is still no resistance for S&P500, so the sky is the limit. The support is at $4,353. The market’s intrinsic value is at $4,259 for the rest of 2021 and the trend is still bullish. It may change in the future, but it hasn’t changed yet.

The market priced in the earnings season that was one of the best seasons since 2009 and now we are entering a dull period until Jay Powell planned speech in Jackson Hole on August 27th. I expect the market zig-zagging through that time, going nowhere. The speech will give us a clue on the next FED’s monetary policy. That can shake the market.

 
Market Outlook week 33
 

I expect the market to reach $4,500 by the end of August but it may change.

 

Investing and trading report in charts

 

Account Net-Liq

 

TW Account Net-Liq week 32

 

Account Stocks holding

 
TW Account holdings week 33
 

Our stock holdings still do not beat the market but I am positive that the growth will pick up and exceeds the market. We just need time and continue reinvesting the proceeds. S&P 500 grew 53.55% since we opened our portfolio while our portfolio grew 18.81% only. On YTD basis, the S&P 500 grew 23.70% and our portfolio 11.82%.

But the numbers above apply to our stock holdings in our account, not the overall account net-liq growth. Our overall account beats the market growing by 276.97%!
 

Stock holdings Growth YTD

 
TW Account holdings Growth YTD
 

I expect our stock holdings to start outperforming the market as they mature. However, these are just our stock holdings. The entire portfolio beats the market by far thanks to monetizing those positions.

Our goal is to grow this account to $1,000,000.00 value in ten years. We are in year two.

 

Investing and Trading Report – Options Monthly Income

 
TW Options Income week 33
 

Investing and Trading Report – Options Annual Income

 

TW Options Annual Income week 33
 

Our dividend goal and future dividends

 

TW Received vs Projected Dividends week 33
 

We have accomplished our dividend income goal. We planned to make $1,071 of dividend income this year and we finished receiving $1,527.64. However, we accumulated enough shares to start making $4,282.26 a year.
 

TW Received vs Future Dividends week 33

The chart above shows that our dividend holdings caught up with the dividend payout cycle and we started receiving monthly dividends as projected. For August 2021 the projection was $439.75 and we have received $635.48. For September, our projection is $392.97. If we receive this income (or more), it will confirm that we are now in line with projections.

 

Our account cumulative return

 

The chart below indicates our cumulative adjusted return. It shows how the last week’s selloff shook down our returns but we are recovering along with the market.
 

TW cumulative return wk 33
 

TW win ratio wk 33
 

As of today, our account cumulative return is 35.15% (note, data in this section are since March 13, 2021, only as that is the date we started tracking these metrics. Thus the results are skewed a bit and will show full picture next year.).

 

Conclusion of our investing and trading report

 

This week our options trading was within our expectations and I believe, the rest of the month will be even better.

We will continue accumulating the dividend growth stocks in our portfolio to reach 100 shares and continue building our cash reserves so we have enough cash to sustain any market corrections and be able to buy depressed stocks.

We will report our next week’s results next Saturday. Until then, good luck and good trading!




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Posted by Martin August 14, 2021
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2021 Week 32 investing and trading report


The second week of August is behind us. In this investing and trading report, we will show that it was a successful week once again although our options income was smaller than in previous months. But it can still all change in the next two weeks.

The biggest achievement last week was our dividend income and net-liq growth. As you will see below, our dividend income met projections for the first time since we started building this account. We exceeded that income expectation a bit. We are on the path to receiving the entire $4,118 annual dividend income.

Our account net liquidating value also jumped more than expected. Partially due to more of our open options positions being set to expire (all look to become worthless so far), and some being rolled releasing a lot of buying power that also has an impact on our net-liq.
 

Here is our investing and trading report:

 

Account Value: $79,450.71 $2,425.83 3.15%
Options trading results
Options Premiums Received: $1,670.00    
01 January 2021 Options: $4,209.00 +16.65%  
02 February 2021 Options: $4,884.00 +15.41%  
03 March 2021 Options: $5,258.00 +12.79%  
04 April 2021 Options: $2,336.00 +4.30%  
05 May 2021 Options: $6,346.00 +9.22%  
06 June 2021 Options: $4,677.00 +6.37%  
07 July 2021 Options: $3,865.00 +5.14%  
08 August 2021 Options: $2,197.00 +2.77%  
Options Premiums YTD: $33,772.00 +42.51%  
Dividend income results
Dividends Received: $460.13    
01 January 2021 Dividends: $53.04    
02 February 2021 Dividends: $63.00    
03 March 2021 Dividends: $30.31    
04 April 2021 Dividends: $139.70    
05 May 2021 Dividends: $167.45    
06 June 2021 Dividends: $168.56    
07 July 2021 Dividends: $228.62    
08 August 2021 Dividends: $467.41    
Dividends YTD: $1,359.57    
Portfolio metrics
Portfolio Yield: 4.67%    
Portfolio Dividend Growth: 8.13%    
Ann. Div Income & YOC in 10 yrs: $17,877.34 18.75%  
Ann. Div Income & YOC in 20 yrs: $155,595.08 163.20%  
Ann. Div Income & YOC in 25 yrs: $735,794.76 771.76%  
Ann. Div Income & YOC in 30 yrs: $5,579,925.90 5,852.64%  
Portfolio Alpha: 35.39%    
Portfolio Weighted Beta: 0.68    
CAGR: 713.08%    
AROC: 32.31%    
TROC: 19.12%    
Our 2021 Goal
2021 Dividend Goal: $1,071.42 126.89% Accomplished
2021 Portfolio Value Goal: $42,344.06 187.63% Accomplished

 

Last week, we accomplished our dividend income goal for 2021. But our account is set for larger income for the rest of the year and next year.

 

Dividend Investing and Trading Report

 
Last week, we have received a $460.13 dividends income. Our stock holdings and dividend income appear to be in sync as of today. We have enough stock holdings to generate $4,184.79 annual dividend income and our August dividend income projection was $439.75. Last week, we have received $467.41 total and we beat the projection. As this chart indicates, we should be in line with the projected income.

Last week, our dividend income reached 126.89% of our dividend income goal. We projected to receive $1,071 in dividends in 2021. Our growth was fast and we have received $1,359.57.

Here are our stock holdings that contribute to our dividend income:

 
Annual Dividend Payout week 32
 

Options Investing and Trading Report

 
Last week we again rolled options that got in trouble. The biggest trouble but also money maker was BABA. We rolled pre-emptively our strangles to lower our puts as it seems, BABA is on the way down to $100 a share. So we wanted to give our trade more room to absorb this downtrend.

We also rolled trades against MU, PMT, KBE, TSN, and SNOW. We rolled MU as it suddenly tanked by more than 7% on Morgan Stanley’s warning and price target reduction. In my opinion, the market over-reacted. But we had to adjust our strangles to keep them safe.

These rolls also released a significant amount of buying power and had a positive impact on our net-liq.

Our options positions now have 12 trades set to expire on August 20th. When those trades expire, we will re-enter new trades. We will only replace the expired trades and we will not be adding any new ones for the rest of the year to consolidate our gains and account.

We converted our call side against SNOW’s Iron Condor into a put spread as SNOW is rallying and constantly challenging our calls. Rolling call spreads is difficult and almost impossible for credit. That’s why I do not like spreads. Hard to manage and adjust them. So the best approach was to convert our SNOW call spread to another put spread. Now, both put spreads (the original one and the new one) are set to expire worthless.
 

You can watch all our trades in this spreadsheet. You can watch the spreadsheet and look for a “NEW” indication next to the trading date. When the indicator shows up, it is typically good for up to 3 days to follow that trade.
 

Expected Future Dividend Income

 
As the table at the beginning of this report indicates, our aggressive dividend growth stocks accumulation is starting to show significant progress in our current and future dividends income. Our portfolio dividend yield and dividend growth will be bringing us almost $155,595.08 in 20 years and $5,579,925.90 in 30 years. I wish, I had that $5.5 million income now. But that is the fate of dividend growth investing. It is not a quick rich scheme and building an account takes time.

We will keep aggressively accumulating dividend growth stocks to generate liveable income sooner than in 20 years. And the portfolio is starting to show this to be happening. In just 10 years, we will start receiving $17,877.34 in today’s dollars. It is not bad considering that in March 2021 it was only $3,202.52 in projected future dividends.

 
Our projected annual dividend income in 10 years is $17,877.34 but that is if we do absolutely nothing and let our positions grow on their own.

But as of today, thanks to our aggressive accumulation and dividend reinvesting, we are set to receive a $4,184.79 annual dividend income. We are 23% of our 10 year goal! True, we will need a bigger income than $17k in ten years, but this indicates that we have the potential of reaching our dividend income goal sooner than planned.

 
Future Divi on YOC week 32
 

The chart above shows how our future dividend income is based on the future yield on cost and what dividend income we may expect in the future. The expected dividend growth depends on what stocks we are adding to our portfolio and the stocks’ 3 years average dividend growth rate. It is interesting to see what passive income we may enjoy 10, 20, 25, or 30 years from now.

 

Market value of our holdings

 
Our non-adjusted stock holdings market value increased from $100,173.83 to $103,867.40.

As the markets and businesses continue growing, we expect the value of our holdings to grow even more. We are also building cash reserves to buy depressed stocks during selloffs and corrections as well as negative analysts reports (as long as the company is still good long term).

 
Stock holdings week 32
 

We are accumulating the dividend growth stocks (and some income-only stocks) not only to build a strong dividend income but also to create a “rental property” in our portfolio that can be monetized and generate additional income. This strategy will also provide safety for our strangles and cover our call side.

Our goal is to accumulate 100 shares of each stock of our interest and we are getting to that goal.
 

Investing and trading ROI

 

Our options trading delivered a 2.77% monthly ROI in July 2021, totaling a 42.51% ROI YTD. We are getting close to our 45% annual revenue selling options against dividend stocks!

Our account grew by 286.20% beating our projections and the market.
 

Our options trading averaged $4,221.50 per month this year. If this trend continues, we are on track to make $50,658.00 trading options in 2021. As of today, we have made $33,772.00 trading options. We are over halfway of the projected annual income.
 

Old SPX trades repair

 

This week, we didn’t adjust any SPX trades. Our goal is to reach a level that we will be eligible for portfolio margin (PM). Once that happens, we plan on converting the existing SPX Iron Condors to strangles and trade these positions as strangles.

With RegT margin, the capital requirements would be approx. $66,586.06 and that is beyond our means. With PM the requirement for margin would drop to around $10k. That is doable in our account. Once we reach this level, we will start adjusting our SPX trades accordingly. Until then, we will just roll these trades around.

 

Accumulating Growth Stocks

 

Last week, we didn’t add any growth stocks to our holdings.

Our plan for the rest of the year is to accumulate cash. We only add dividend growth stocks when an opportunity shows up. Our rule for the rest of the year is to use 20% of our available buying power that is above $2,000 to buy new shares per week. The rest of the BP will be kept intact to grow our cash reserves.

 

Accumulating Dividend Growth Stocks

 

Last week, we added 6 shares of VICI, 15 shares of ICSH, 5 shares of MU, and 5 shares of CLX. The MU and CLX purchases were an opportunity to buy a depressed stock. MU’s fair value is $89.54, the current price $70.92; CLX’s fair value is $124.19 the current price is $168.45. The stock retreated strongly from the recent highs (as Covid fades away, the analysts think that there will no longer be a need for cleaning supplies).

In the upcoming weeks, we will continue to accumulate the higher yield income stocks to boost our income and reinvest the proceeds but within our share purchasing plan for the rest of the year (see above section).

Our goal is to reach 100 shares of high-quality dividend stocks and build a weekly dividend income as per this calendar, but we have made no changes to this goal last week:
 

Weekly dividends income calendar
 
You can see the entire spreadsheet here.

 

Market Outlook

 

The market has been in a fairly long (multi-month) consolidation with a slightly upward move. Last week, we started seeing breakouts. DJI broke above 35,000 level, finally, after several months of punching that level for the last four months. SPX had a consolidation too but it was not as obvious as with DJI.

 
Market Outlook week 32
 

As the chart above shows, the SPX is clearly in a solid uptrend. It then went to a month and a half long consolidation (from May to June 20), broke up, retested the former resistance, continued up and into a month-long consolidation. We are now heading higher again.

 
Market Outlook week 32
 

The DJI was in a four-month-long consolidation and it was more obvious. It broke up last Friday and we will also be heading higher. Why? Earnings.

We just finished a 2Q earnings season (91% of companies already reported), and 87% of companies reported positive earnings and earnings surprises. For 2Q, the earnings growth for S&P500 was 89.3%, the highest growth since 2009, and revenue growth was 24.9%. It is the earnings that drive the markets higher. Investors out there, mainly new ones, fail to understand this and put the S&P500 valuation into perspective.

The other day I have seen an investor on social media posting that he has bought puts against SPY and QQQ with a comment, that he: “hopes that the markets will drop next week.” When I told him that he appears to be trading hopes and wishes, he replied that he; “also trades technicals and that the markets are at all-time highs.” Yes, they are at ATH. And they will be there for some time, and they will be creating more ATH in the coming weeks. Why? Again. Earnings.

 

Market Valuation

 

In a bull market like the one we have, you need to understand that there will always be some extended valuation and that investors will pay some premiums. In the bear market, the prices will also tend to overshoot and show lower valuations than what the reality will be (offering great opportunities). Using P/E as a valuation metric without perspective is wrong. P/E is a lagging metrics and has zero, let me repeat, zero, predicting value. It takes into account past data and calculates P/E. But it all already happened and there is no guarantee that it will happen in the future.

 

Market Future Expectations

 

The markets are pricing in the future expectations. Yes, we can debate the methodology of deriving that expectation. We take the past data and project them into the future to come up with expectations.
 

If the expectations are higher than today, the markets go up.
If the companies beat those expectations, the markets will continue going even higher, as long as the expectations for the next season are higher than prior ones.
If the companies fail to meet or beat those expectations, expect a correction, usually accompanied by gloomy expectations for the next season.
 

And what are the economists’ expectations for 3Q?

For 3Q the earnings growth projection is 27.8%, revenue growth is 14.5%.
For 4Q the earnings growth projection is 21.3%, revenue growth is 11.0%.
For the entire 2021, the earnings growth projection is 41.9% and revenue growth is 14.5%.
 

If you are shorting this market, hoping that it will go down, you are ignoring reality and standing in front of a very fast-moving freight train.

 

Intrinsic value and price target of the market

 

Based on the earnings, momentum, and projections, I expect this market to go to $4,500 in the near term and $4,725 by the end of the year. Next year, I expect the market to finish at $5,000 to $5,145 level.

Will we see a correction? We may. It will not be economy driven correction though. We may see some outside events causing the market to correct. It may be the Delta variant of Covid, FED announcements, a sudden spike in interest rates as we saw a few weeks ago, or any other catalyst. But if the earnings projections and business performance remain intact, these corrections will be short-lived. And unpredictable.

 
Market Outlook week 32
 

Based on the earnings up to today, the market’s value should be at $4,040.24. But that is past. We need to look into the future. And the future is pricing in a $4,500+ market.

 

Investing and trading report in charts

 

Account Net-Liq

 

TW Account Net-Liq week 32

 

Account Stocks holding

 
TW Account holdings week 32
 

Our stock holdings still do not beat the market but I am positive that the growth will pick up and exceeds the market. We just need time and continue reinvesting the proceeds. S&P 500 grew 54.46% since we opened our portfolio while our portfolio grew 21.19% only. On YTD basis, the S&P 500 grew 24.61% and our portfolio 14.21%.

But the numbers above apply to our stock holdings in our account, not the overall account net-liq growth. Our overall account beats the market growing by 286.20%!
 

Stock holdings Growth YTD

 
TW Account holdings Growth YTD
 

I expect our stock holdings to start outperforming the market as they mature. However, these are just our stock holdings. The entire portfolio beats the market by far thanks to monetizing those positions.

Our goal is to grow this account to $1,000,000.00 value in ten years. We are in year two.

 

Investing and Trading Report – Options Monthly Income

 
TW Options Income week 32
 

Investing and Trading Report – Options Annual Income

 

TW Options Annual Income week 32
 

Our dividend goal and future dividends

 

TW Received vs Projected Dividends week 32
 

We have accomplished our dividend income goal. We planned to make $1,071 of dividend income this year and we finished receiving $1,359.57. However, we accumulated enough shares to start making $4,184.79 a year.
 

TW Received vs Future Dividends week 32

The chart above shows that our dividend holdings caught up with the dividend payout cycle and we started receiving monthly dividends as projected. For August 2021 the projection was $439.75 and we have received $467.41. For September, our projection is $399.63. If we receive this income (or more), it will confirm that we are now in line with projections.

 

Our account cumulative return

 

The chart below indicates our cumulative adjusted return. It shows how the last week’s selloff shook down our returns but we are recovering along with the market.
 

TW cumulative return wk 32
 

TW win ratio wk 32
 

As of today, our account cumulative return is 38.46% (note, data in this section are since March 13, 2021, only as that is the date we started tracking these metrics. Thus the results are skewed a bit and will show full picture next year.).

 

Conclusion of our investing and trading report

 

This week our options trading was within our expectations and I believe, the rest of the month will be even better.

We will continue accumulating the dividend growth stocks in our portfolio to reach 100 shares and continue building our cash reserves so we have enough cash to sustain any market corrections and be able to buy depressed stocks.

We will report our next week’s results next Saturday. Until then, good luck and good trading!




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