Our February investing and trading were successful. We made decent options income selling premiums, we received record monthly dividends, and we purchased more dividend-paying stocks. Our account is growing and it was growing even during the recent pullback. Our NetLiq-cash-buying power ratio improved with the market, but it is still vulnerable to market declines. I Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
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03.02.2023 – THURSDAY MARKET OUTLOOK
The futures were dropping, the markets opened lower and continued sliding down on fear (and stupidity), but then at around noon, one unimportant FED member proclaimed that he was in favor of a 0.25 rate increase rather than 0.50 and the markets rallied. Completely worthless news and the markets go crazy about it. This Continue reading →
03.01.2023 – WEDNESDAY MARKET OUTLOOK
As expected, the markets ended down today. The manufacturing data came in showing the economy is cooling off and slowing. Investors cannot make their minds up. At first, they were cheering the bad data but then some unimportant FED members started blabbing about higher rates and the market participants pooped their pants. Despite all Continue reading →
02.28.2023 – TUESDAY MARKET OUTLOOK
Another zig-zag day and selling based on no news. Only fear of FED. But that is a known issue and worrying about a known issue is usually wrong. Bearishness again increased to January 2023 lows (after which the market rallied 10%), so the odds are we will be seeing a bounce. Of course, nothing Continue reading →
Technical view: T-Mobile US, Inc. (TMUS)
TMUS is in stage #3. The stock struggles to break above its all-time high at 155 a share. It bounced off of it and falls lower. The trend is still intact but already vulnerable. On the weekly chart, we are seeing a V-shape recovery from 2022 lows, but it may also turn into a Continue reading →
Stocks additions to the watchlist (JXN, CVS)
Our strategy is to be accumulating assets and then monetize those positions by selling options around them. We are constantly looking for good quality stocks that pay dividends (but also growth stocks), have decent dividends that are safe and growing, and can be optionable. And that is why we are adding two new stocks to Continue reading →
02.27.2023 – MONDAY MARKET OUTLOOK
We received the durable goods report before the bell and it didn’t look good. The market popped initially on the bad (good) news but during the day we lost steam and gave away most of the gains. The market is still sitting on the major supports but the odds are to the Continue reading →
02.23.2023 – THURSDAY MARKET OUTLOOK
Today, we were supposed to crash and not recover. We crashed. And we recovered. That shows how resilient this market is. At first, the early gains turned red and all hope for a good green day was lost. But then, the supply of sellers dried up, buyers stepped in and we reversed the course Continue reading →
02.22.2023 – WEDNESDAY MARKET OUTLOOK
The markets were volatile after the FOMC meeting minutes. And that volatility will probably continue as investors are scared. They propelled worthless tech stocks up during the 2020 and 2021 frenzy and now they are scared to hold these stocks and dumping them en masse. And along with those, they dump good quality stocks Continue reading →
02.21.2023 – TUESDAY MARKET OUTLOOK
We got hit in multiple directions today. First, the foray of economic data came in and they were so good that investors started, once again, freakin gout that this may force the FED to keep the rates higher for longer (good news is bad news). Then, we received reports from Walmart and Target. They Continue reading →
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