S&P 500 2640.00 +35.87 (+1.38%) Dow 30 24103.11 +254.69 (+1.07%) Nasdaq 7063.44 +114.22 (+1.64%)
As one trader put it today – “the markets would go higher today as traders are off coloring the eggs…”
So, the markets went up today… tomorrow, we are closed for Easter and on Monday we will see what’s going to happen next. I have no idea and my expectations are mixed. All we can do is to wait and see.
· Trading activity today
A summary of opening and closing trades.
(premiums received / paid: + $322.00)
Note: This is a cash flow of credits, not profits!
Just rebalancing the existing SPX and AMZN trades to keep them in shape (and the underlying price between the Condors’ wings).
Definitely, this market is still a test of my nerves. Will the selloff continue next week or are we finally on a path of recovery?
· Dividend stocks to buy
Out of our watch list of 37 dividend stocks the following ones are a good buy at today’s prices (03/29/2018):
ABBV
AGNC
BA
CVX
HD
KMB
MCD
OXY
PG
XOM
Disclaimer: The list above is based on calculated fair value and 52wk high offset valuation. The values are subjective to our calculations and opinion and may differ from your own. If you decide to trade or buy these stocks, do so on your own risk and do your own homework. The list is not our recommendation to you.
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