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Archive for June, 2015

Posted by Martin June 28, 2015

Should you short SPX on Monday upon a GREXIT?

I wouldn’t be so fast jumping the gun and short this market. Futures reacted very negatively on the Greek referendum announced by an irresponsible socialist government. Not only Greeks cannot afford the referendum, the whole EU cannot afford losses from Greeks. Although Greece is posting a nice drama (or tragic comedy actually) I believe all Continue reading →

How to defend Call Credit Spreads explained by the best trader

    How to defend a credit call spread? Tom Sosnoff and his daughter Case explains how to defend a call spread which goes against you. Interesting explanation of what should a trader do if a credit spread goes against you. With Tom’s view, everything I have ever done to defend my spreads was wrong. Continue reading →

Posted by Martin June 17, 2015

Yellen Almost Admits Fed Not Ready to Raise Rates

  Peter Schiff’s report on Yellen’s talk about interest rates. Interesting video basically explaining why FED will not increase the rates and that all the talk is just a pretend of rates hike to make it look like FED wants to do it. If the recovery was really so good to justify the rates hike, Continue reading →

Posted by Martin June 16, 2015

Are the markets turning?

A few years ago, when I was training trading options, the trader from whom I was learning pointed out that the markets were turning down. Slowly reversing. And I remember I made quite nice money under his leadership. The chart looked like this: It was 2011 and the market corrected 16% those days (from July Continue reading →

Posted by Martin June 15, 2015

4 Best-Positioned Upstream MLPs: MEMP, VNR, LRE, and LGCY.

Wunderlich Securities analyst Jay Dobson has a pretty glum assessment of upstream master limited partnerships (MLPS). These are exploration and production companies that have been hammered by energy price declines. Dobson writes in a June 15 industry report: The sector has too much debt on average and has suffered from the dramatic decline in oil, Continue reading →

Posted by Martin June 09, 2015

Stocks to buy in June 2015

May stocks I selected finished down -2.98% loss. The market is still driven by interest rate fear and oil pushed down by a price war. All will end one day however and the stock will go back up. For June 2015 I have a new selection but the change from the previous month is small, Continue reading →

Posted by Martin June 04, 2015

PPL spun off to a new Talen Energy. Shall I keep it or sell it?

If you own shares of PPL Corporation, you are most likely a new owner of a brand new company Talen Energy. I bought 66 shares of PPL a few years ago, I think it was in 2013, and since then my holdings grew up 12% plus I enjoyed a nice dividend at around 4% annually. Continue reading →

Posted by Martin June 01, 2015

Path to nowhere continues. Where is SPX going tomorrow?

Monday was again as expected. I expected it to go higher at first to overcome Friday’s selling but then drift lower. At first the manufacturing data which came out better than expected but along with not so good economic data (mainly consumer spending) put the market on an upward trend. The market seems to love Continue reading →