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Archive for 2014

Posted by Martin October 15, 2014

S&P 500 down almost 50 points, DOW down more than 400 points! Time to buy? Not yet.

S&P 500 down almost 50 points, DOW down more than 400 points! Time to buy? Not yet.

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 →

Posted by Martin October 09, 2014

The worst market results in 2014 so far

The worst market results in 2014 so far

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 →

New Trade – SPX Iron Condor

New Trade - SPX Iron Condor

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 results

September 2014 results

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 →

My trades against SPX, TWTR, expired for full profit today, VMW got filled

My trades against SPX, TWTR, expired for full profit today, VMW got filled

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 →

New Trade – Bull Put Spreads against Twitter (TWTR)

New Trade - Bull Put Spreads against Twitter (TWTR)

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 →

Posted by Martin September 26, 2014

10 Billion hedge fund liquidation forced me to review my portfolio

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 →

New Trade – Alibaba (BABA), I too decided to take this play and bought a few shares

New Trade - Alibaba (BABA), I too decided to take this play and bought a few shares

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 →

Trade adjustment – Carlyle Group (CG)

Trade adjustment - Carlyle Group (CG)

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 →

Posted by Martin September 19, 2014

Volatile week offered opportunities again

Volatile week offered opportunities again

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 →