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Archive for March, 2015

Posted by Martin March 29, 2015

Running a zig-zag trade: my worst trade ever ended relatively well

My dream is to trade SPX weekly options and generate weekly income, which I can invest into dividend paying stocks. I believe and hope that with dividends and options income I can boost my portfolio and grow it faster than when just investing into dividend stocks only. I believe, that it is actually my only Continue reading →

Stocks to buy in April 2015

March 2015 was a month which brought in losses. If you bought stocks I selected as a buy in March, you would be losing -5.32% for the month. The reason for losses is energy stocks as mostly they continued in a sell off during the month. However, I expect these stocks to go up at Continue reading →

Posted by Martin March 26, 2015

Market 3% off of the top. Is more selling coming?

The stock market fell by 3% since all-time high in February. Is more selling coming or are we going up again? Unfortunately, I think the uptrend is broken already and we will see more selling. Although tomorrow we may see a bounce from the oversold territory it looks like that the bounce will be sold Continue reading →

Posted by Martin March 24, 2015

Market weak but a bounce may happen tomorrow

The stock market is weak and every move higher is immediately sold. Today we created a lower high which is a significant signal of a trend reversal. Tomorrow we may see a bounce up higher – I expect the market to bounce up to 2107 level, but then we may see a renewed selling pressure. Continue reading →

Posted by Martin March 22, 2015

SPX trend expectation for the next week

Last week trading was within my expectations. Thursday trading was a small pullback based on the previous strong rally. That small pullback had a small impact on my trades, but nothing too dramatic and nothing hard to handle, although my profits weren’t as expected thanks to necessary adjustment. In my quest to assess where the Continue reading →

Posted by Martin March 19, 2015

Thursday pullback drama and outlook for tomorrow, Friday, March 20

For me, Thursday was a disappointment. I expected the market to gain some momentum after Wednesday’s rally like we saw in the past in similar situations after FED uplifting reports. Today, it didn’t happen and the whole day we were drifting down after morning large sell off. This price action had an impact to a Continue reading →

Posted by Martin March 19, 2015

What’s the Right Minimum Wage?

  What’s the perfect minimum wage: is it $10 an hour? $15? $20? How about zero? That’s right. Zero. While Congress discusses a minimum wage hike, economist David Henderson shows that any minimum wage makes it harder for unemployed people (particularly young people) to find work and forces business owners to cut the hours of Continue reading →

Posted by Martin March 19, 2015

America’s Debt Crisis Explained

America’s national debt stands at $17 trillion. That’s a tough number to grasp. Most people will never come close to making $1 million in any given year. How can we understand the magnitude of the hole our country is in? Well, imagine you owed your credit card company $200,000. On top of that you have Continue reading →

Posted by Martin March 18, 2015

FED cleared a path for the market to go higher

The uncertainty has been removed and future is great and bright again. Although it actually is not. But market participants are irrational and many times react the opposite way than any logic or common sense would expect. In the past few weeks, everybody knew that the US economy is slowing down, that it is not Continue reading →

Posted by Martin March 18, 2015

FED frenzy

FED announced that the interest rates hike is unlikely although they removed the word “patient” from their report. The market spiked up in seconds. It went from 2061 to 2080 in a few seconds. I was able to open a bull call spreads expiring tomorrow and next week for this spike as well as one Continue reading →