Our trading and investing last week went smoothly. We opened a few credit spreads, and all expired out of the money. We didn’t buy shares last week as I am trying to keep cash handy in case we see a recession. That will be my goal for the next year to raise cash so I Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Archive for 2022
12.08.22 – THURSDAY MARKET OUTLOOK
As I expected and all my projections pointed out, the market rallied. Tomorrow, the market is poised for a choppy to-up move unless… and yes, here is the big BUT. We will have a CPI report tomorrow, which will shake the market significantly. Since July, the CPI index has been dropping significantly, so one Continue reading →
12.07.22 – WEDNESDAY MARKET OUTLOOK
Selling pressure continued today but was already muted compared to yesterday’s trading. The markets mainly went sideways with a slight downward drift. It is now sitting at the significant support at 50-day MA and long-term support line that was forming since May, and I expect it to hold to some extent. The VIX is Continue reading →
12.06.22 – TUESDAY MARKET OUTLOOK
Investors received good economic data, which was why they freaked out that the FED may change their easing of the tightening thinking, and they sold off everything they had. At least, this is what the media told us yesterday and today. But we knew that at the current levels, bears would come back to Continue reading →
Technical view: Snowflake (SNOW)
SNOW is in stage #4. The company had stellar earnings that helped to stop the downward trend but not enough to reverse it. It is still in a declining trend but attempting to break above the 50-day MA. The weekly chart indicates a possible double-bottom process as well. Given the great business model the Continue reading →
HFEA November 2022 strategy report
Another month is over, and as the market keeps improving, our HFEA strategy is improving three times faster. That is the beauty of this strategy of buying leveraged ETFs. Though I am no longer following the true HFEA strategy but just buying 3x leveraged ETF (SPXL), I still call it an HFEA strategy. Initially, I Continue reading →
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