I think we are hitting a true bear market here. For more than 5 years we haven’t seen such selling. Some even say that they do not remember such volatility and drops, so that must have happened long time ago. It is not usual to see markets falling this much. Look at it from a Continue reading →
Wow, the market had the worst time ever. It looks like we are at the top of the trend and reversing. I do not remember seeing such swings of 300 points (Dow Jones) in just three days. At least for a few last years, this behavior didn’t happen. I watch weekly, daily, and intraday charts Continue reading →
As I described in my monthly report, I am slowly building my damaged account back up taking small trades and small income every week. Last week, I opened a few trades against SPX – one bear call spread, and two Iron Condors. All expired worthless and I could keep all premium I received. I will Continue reading →
September 2014 was a very bad month to me. It was a month when I destroyed my account once again. I did it back in 2011 and I thought I learned my lesson. Apparently I didn’t. This is what happens when you do not follow rules or have none in your investing/trading. Trading options can Continue reading →
During last week and the week before I opened a few new trades against SPX, TWTR, and VMW. All of the trades against SPX & TWTR expired today for a full profit. After losses I generated during September 2014 I had to go back down from the “heavens” of my pride and basically start over. Continue reading →
Twitter (TWTR) – a stock I have always looked at with disrespect, because it does nothing, it creates nothing, it delivers nothing. It is worthless. It only allows people to waste their time online. That was what I thought about this stock and many times I told myself that I would never invest in a Continue reading →
If you wondered what spurred such hasty sell-off yesterday, we may have an answer to it. According to Wall Street Journal a “$10.6 billion BlueCrest Capital Management LLP, one of Europe’s largest hedge-funds (and best known for its credit market expertise), laid off several stock traders in the U.S. Thursday and began liquidating their investments, Continue reading →
Not exactly a dividend growth stock here, but the prospect was appealing and made me think to buy some shares of Alibaba (BABA). When I first heard about BABA in the news and all the frenzy it created I said myself “Not interested”. I do not do IPOs nor buy post IPOs. I only made Continue reading →
On 8/22/2014 I opened a put selling trade against Carlyle Group (CG). I sold 2 put contracts to collect premiums. Here is the trade detail: STO 1 CG Dec14 30 put @ 1.10 LIMIT GTC Later, after opening the trade it turned against me. I wasn’t panicking and continued sitting tight to see the outcome. Continue reading →
Another trading week is over and we can review our accounts and see how we were doing and how our investments performed. The last week was volatile as many investors were nervous about the Fed and its policy. On Wednesday we were expecting what Janet Yellen would come up with in regards to interest rates Continue reading →
Recent Comments