August was a horrible month for our Challenge account. We lost a significant net-liq value due to the correction. One part of the losing strike this month was due to REIT stocks which we are accumulating in our portfolio, namely MPW, and these stocks were hammered this year (not just the MPW but almost all Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Archive for 2023
Technical view: Realty Income, Inc. (O)
O is in stage #4. Realty Income (O) is a dividend darling of many investors, and it has paid and increased dividends for more than 25 years. The company went public in 1995 and survived many downturns the biggest in 2000, 2009, and 2020. It increased the dividend during those periods of time. It Continue reading →
Technical view: Amazon, Inc. (AMZN)
AMZN is in stage #2. The stock is recovering from last year’s carnage. In 2022 it almost reached lows from 2020 Covid lows. It was a great buying opportunity. But for the entire 2023 it was rallying and erasing the losses. If you were bold enough to buy when everyone else was panicking, you Continue reading →
Technical view: Aflac Incorporated (AFL)
AFL is in stage #2. The stock performed very well during the bear market. We had a decline but it recovered very nice and it wasn’t as deep as what we saw in 2020. Today, the stock is also pulling back from a strong rally which may provide a good opportunity.
Septembear or Septembull?
Will we see a Septembear or Septembull from now on? August correction is over. I know it is a bold statement, and you may find many people out there who would oppose and disagree with me. CNBC keeps pulling bears from the past who got stuck in the past, and they keep predicting a bear Continue reading →
Technical view: NVIDIA Corporation (NVDA)
NVDA is in stage #2. The stock rallied very hard and there is a lot of controversy about this stock and the company it represents. We have a strong cult built around the stock. People would die defending it and they buy no matter what. And these people were awarded sticking to their guns Continue reading →
Technical view: Arbor Realty Trust, Inc. (ABR)
ABR is in stage #2. This is one of the better mREITs out there. I have invested in a few of them in the past and got burned in all of them. I invested in AGNC or ARR. A friend of mine invested in NLY. All three failed. AGNC looked promising but after a Continue reading →
Will 4500 SPX level hold today?
Yesterday, the selloff continued but in the afternoon we rallied and erased most of the losses in an attempt to retake the 4500 of SPX level. Will this level hold today? Or was this a bottom of the dip? Or is something worse brewing under the hood? Today we may see the 4500 SPX level Continue reading →
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