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Posted by Martin August 09, 2023
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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 retest again but tomorrow we are due to receive a CPI report and investors may be buying for the event expecting a rally. So, we can expect weakness this morning but another rally attempt in the afternoon.

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Posted by Martin August 08, 2023
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Markets being weak

The markets continue being weak for today. All indicators are pointing to more weakness and yesterday’s rally was just a bounce attempt. It seems that more bearishness will be on Wall Street with more and more bears (and media) coming out with all sorts of doom predictions. The most prevalent prediction out there is that the stocks are set for a crash. Didn’t we just went out from a year long bear market?

Many studies I watch show however, that this weakness is perfectly normal and to be expected. And on top of that, we can expect gains to follow. Of course, once we clear this pullback.

Investors are still reluctant to be buying at the current levels. The markets are down about 2.5% and the investors wish for at least 5% pullback to buy back. But savvy long-term investors do not sell but buy. If you choose a good quality company, you do not need to trade it. You buy it, and then enjoy the life-long ride. And days like this one is perfect to be adding to your portfolio.

Given that the rally yesterday was weak and with no volume, I expect further weakness today. But we may see a better day tomorrow as the investors may start positioning their portfolios for the latest CPI (Consumer price index) report due on Thursday. Today, more weakness brings the market to the short-term oversold territory.

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Posted by Martin August 03, 2023
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Technical view: AES Corp, Inc. (AES)

Technical view

AES is in stage #2. But it is a weak uptrend, though. Over a longer period of time, the stock is more in stage #3 than #2. Since 2018 it saw a volatile move up, then crash in 2020, sharp recovery and now a zig-zag trading. It makes sense to wait for the bottoms of this choppy move to buy. We are currently in the lower portion of the channel and the stock is undervalued. AES is a boring dividend paying stock. It was a laggard for the year so far and if utilities pick up, the stock may go higher.

Technical view weekly

Keep reading AES Technical View:

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Posted by Martin August 02, 2023
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Another kneejerk reaction

So Fitch downgraded the US creditworthiness and everyone is freaking. Washington is furious and spitting anger all around. Biden and Yellen are commenting that this is outdated, politically motivated, and the US avoided default months ago. And stock market is selling like crazy in another kneejerk reaction.

Not that I am getting anxious about the market selling today. It was a needed selloff as we were seeing markets overheating again. In fact, we should see at least 10% decline which, personally, I do not need myself right now but it would be very healthy.

Now the US debt is rated AA+ instead of AAA. Do we deserve it? Most likely yes. The circus we all witnessed a few months ago when Republicans and Democrats staged their pitiful standoff about whether we should send the country further into debt or go bankrupt was disgusting. But will the rating downgrade change anything? Of course not. The politicians will keep spending as they were before. It is not their money and they need to bribe their donors and voters somehow. To ones, they provide tax cuts, to others they promise more welfare checks. And promises cost nothing.

But we have already heard that this will do nothing, DC will not change, and it will be all forgotten, probably as soon as tomorrow. I just do not understand why investors are dumping shares they were expensively buying just a day ago. Yes, yesterday you could buy shares of Apple (AAPL) for $195 and some change and today everyone is selling it for $192 and some change. The rest of the market and stocks follow the same suit.

In the meantime, enjoy cheaper prices, let others freak-out and wait for our government to do the exact same thing they kept doing for decades – spending.

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Posted by Martin August 01, 2023
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Technical view: Alphabet, Inc. (GOOGL)

Alphabet (GOOGL) The stock of this giant is constantly undervalued. The company outgrowths the market every quarter, and now it is set to “turn on” its Gemini AI project. Be aware of the Terminator coming. Many investors and analysts underestimated Google being late into the AI game after its initial failure with its chatbot. They take AI seriously and work on it aggressively, planning to integrate AI into YouTube, News agencies to help reporters write news reports, and integration in the Google Drive suite (namely into the Google Docs and Sheets apps). This is to fight back the threat to their search engine dominance and, if successful, expect rapid growth in earnings and stock appreciation.

Technical view

Technical view

GOOGL is in stage #2. The stock just broke up from its consolidation pattern. It rallied but then stalled again. There seems to be a lot of negativities about this company. I think it is all coming from the initial AI chat bot Bard failure. Everyone thinks Google lost this battle and now its biggest competitor, Microsoft, got ahead. This threatens the $150B search engine and advertising market Google dominated for year. And it still dominates but investors and analysts are gloomy about it. As is typical for Wall Street, they think Google is done. It’s over. The company is finished. Of course, that’s all wrong and nonsense.

Technical view weekly

Keep reading GOOGL Technical View:

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Posted by Martin July 29, 2023
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June – July 2023 $100 Challenge account review

Our Challenge account started performing well again. We started the account at the end of the extremely strong bull market in 2021 and then had to ride it through the entire 2022 bear market. That was challenging. We had to close some trades for a loss and pretty much stop trading. We however kept buying shares of the stocks of our interest – high yield but good quality dividend stocks.

Our goal is to not only grow the account but also generate income from dividends and monetizing our positions by selling options around those positions. And we are again on track with this goal and strategy.

It takes patience and stick to the strategy. The markets will not be always favorable to us. Nor FED being always friendly with zero rates policy. One must adjust investing and trading to be inline with the market, but one must not stop investing or you would miss the best time in the market.


Accumulation phase

The account is still underperforming our goal but the spread between the goal and current value started narrowing fast. We are still investing in stocks of our interest and building equity positions. We also started selling put spreads against indexes to generate income.


June – July 2023 Challenge account review


March 2022: $1,130.00 $301.74
April 2022: $1,233.00 $350.56
May 2022: $1,336.00 $428.82
June 2022: $1,439.00 $459.70
July 2022: $1,542.00 $641.27
August 2022: $1,645.00 $653.32
September 2022: $1,748.00 $617.92
October 2022: $1,851.00 $829.46
November 2022: $1,954.00 $1,003.01
December 2022: $2,057.00 $1,152.65
January 2023: $2,160.00 $1,221.22
February 2023: $2,263.00 $1,286.04
March 2023: $2,366.00 $1,392.45
April 2023: $2,469.00 $1,461.53
May 2023: $2,572.00 $1,779.13
June 2023: $2,675.00 1,729.60
July 2023: $2,778.00 $2,159.90


$100 Challenge account review

From the chart above, the red dot (line) indicates the current account value, compared to the blue line (plan). Our account is underperforming our goal. But it started improving and going up again. We will keep buying assets and monetize them once we accumulate enough shares.

June-July 2023 Overall Challenge account review

The chart below indicates our account value compared to the overall goal and plans to grow the $100 investment into a $75,000 portfolio. As of today, we are still at the beginning of our journey.

Year 0: $100.00 $100.00 $100.00
Year 1: $1,300.00 $1,336.00 $459.70
Year 2: $2,500.00 $3,016.96 $2,159.90
Year 3: $3,700.00 $5,303.07  
Year 4: $4,900.00 $8,412.17  
Year 5: $6,100.00 $12,640.55  
Year 6: $7,300.00 $18,391.15  
Year 7: $8,500.00 $26,211.96  
Year 8: $9,700.00 $36,848.27  
Year 9: $10,900.00 $51,313.64  
Year 10: $12,100.00 $70,986.56  


$100 Challenge account review goal


June-July 2023 Challenge account Income


Total Invested in Stocks $1,561.83
Stocks Unrealized Profit $170.35
Stocks Realized Profit -$57.18
Strangles Income -$1,316.00
Spreads Income $193.00
Dividends Income $77.76
Deposits Total (lifetime) $2,700.00
Cash $838.58
Net-Liq $2,159.90


If you want to see what investments we take and what trades and strategies we will use to grow this small account, join our program today and grow your money. We engage in safe investments, select strategies to maximize winning trades and grow our portfolio. And you can do it too, today! We do not provide quick rich promises, gambling, or reckless strategies. We want our portfolio to grow steadily and preserve our capital while maximizing returns.

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Posted by Martin July 29, 2023
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June – July 2023 SPX put credit spreads trading review

I didn’t report June SPX trading as I was busy with other projects. So I am, once again, reporting two months – June and July 2023. As the markets started improving so our trades. We are finally able to eliminate trades that got stuck thanks to the bear market of 2022. And on top of that, we are opening new trades and generate income.

I also switched to broken wing butterfly trades. These trades offer better opportunity than plain spreads. They are initially sold for credit and they have a high chance of expiring worthless while providing some downward protection. Even if the trade goes completely against us, there is a good chance to repair it for credit. If you follow our trade signals, we had a call broken wing butterfly (BWB) that got completely against us.

We sold the BWB for 3.00 credit. And since the market rallied, the market smashed through our higher call strike making the trade a complete loser. But we closed the long spread for 7.10 credit and rolled short calls to a put spread. It cost 5.50 debit but we collected 7.10 credit that financed the roll. I like that there is a chance that if the market goes against us, we still can make money. And if the market happens to land exactly at the short strikes of the BWB, we make max profit.

Our SPX account is up +1,253.11% since the beginning of this program, and we have $25,540 in unrealized gains.


Initial SPX trade set ups


I dedicated a $3,600 initial amount that will be used to trade SPX PCS (now BWB) strategy per week. Today, the account is up at $48,711.95. However, due to the recent bear market, many trades are still open, and the funds are tied to those open trades. The trades need to expire or be closed for a profit to release the funds.

Our SPX strategy is designed as directional options trading. We are selling credit put spreads to collect premiums, and hopefully, these spreads expire worthlessly, or we repurchase them for a small debit.

We use a set of indicators, trend prediction (primarily based on moving averages, volume profiles, and trend forecasting), and market sentiment that generates bullish signals. The trading is based on a “trend-following strategy.” We open the trade if we have a bullish signal and a bullish trend. If we do not have a signal, we stay away. We also trade credit call spreads when we have bearish signals. In a choppy market, we stay away from or trade very short expirations (usually 1 or 2 days or up to 7 days), but the trading is muted as we need a trending market.

Unfortunately, today, the market is headline sensitive and can gap in either direction to fail and reverse. It is not easy to trade and not get whipsawed. That’s why we are managing our older trades and not opening new ones until we see a clear market direction.

Here you can see all our 2023 trades:

SPX PCS account value
Click on the picture above to see the entire list.

Last month trading


Overall, the strategy resulted in a +1,253.11% gain last month.

Initial account value (since inception: 12/07/2021): $3,600.00
Last month beginning value: $44,801.95
Last month ending value: $48,711.95 (+8.73%; total: +1,253.11%)
The highest capital requirements to trade this strategy: $19,995
Current capital at risk: -$16,540
Unrealized Gain: $25,540 (-154.41%)
Realized Gain: $4,986 (-30.15%)
Total Gain: $30,526 (-184.56%)
Win Ratio: 54%
Average Winner: $707
Average Loser: $771

As you can see, our account currently shows a realized gain of $4,986, and we have an additional $25,540 unrealized gains.


SPX PCS account value
SPX PCS account value

SPX PCS account vs SPX
SPX PCS account vs SPX index net liq

SPX PCS account vs SPX
SPX PCS account vs SPX index

If you want to receive trade alerts whenever we open a new SPX put credit spread or a hedge trade, you can subscribe to our service:



Note that if you wish to subscribe to multiple levels, you can only subscribe to one level and send us an email that you want to be added to other levels.

Also, if you like this report, hit the like button so I know there is enough audience wanting to see this type of report. If you have any questions or want to see anything else about my SPX trading, do not hesitate to contact me or comment in the comments section. Thank you!


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Posted by Martin July 29, 2023
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April – July 2023 HFEA strategy report

Since April our HFEA strategy finally picked up as the markets started rallying and our core SPXL position rallied over 20%. We keep holding our position and keep selling covered calls and put spreads. If the market keeps moving higher, SPXL will follow strongly up.

Initially, I dedicated $15,000 to this strategy. That represented approx 15% of our portfolio. When the SPXL underperforms the market and my position goes down and is below my cost basis (my position is in red), I add new shares to my portfolio. I deposit cash and buy shares. Once this bear market ends, and trust me, it will, as no bear market lasts forever, I will stop buying new shares but trim the position and save cash from selling for the next bear market. This is a standard balancing approach. Keep my position at about 15% of my main portfolio. When it moves to 20% (or more), I sell enough to bring the position back down to 15%. If it moves down to 10%, I will buy enough to bring it back to 15%, and so on.

In today’s bearish market, I am adding new cash and buying even though it hurts my short-term net-liq. However, I expect this to change soon.

June 2022 $12,199.81 $5,276.32 76.21%
July 2022 $15,551.55 $3,351.74 27.47%
August 2022 $13,414.80 -$2,136.75 -13.74%
September 2022 $10,454.70 -$2,960.10 -22.07%
October 2022 $16,809.60 $6,354.90 60.79%
November 2022 $18,659.90 $1,850.30 11.01%
December 2022 $16,562.20 -$2,097.70 -11.24%
January 2023 $15,010.60 -$1,551.60 -9.37%
February 2023 $13,990.20 -$1,020.40 -6.80%
March 2023 $13,132.00 -$858.20 -6.13%
April 2023 $15,222.60 $2,090.60 15.92%
May 2023 $13,808.00 -$1,414.60 -9.29%
June 2023 $14,273.50 $465.50 3.37%
July 2023 $14,981.00 $707.50 4.96%


Our HFEA strategy increased value since April 2023 by 14% and in July 2023 by 4.96% while the entire market increased by 9.86% in the same period and in July gained 2.96%. Overall, the HFEA portfolio is up 18.82%. I think that is still a good result.

HFEA charts

HFEA net-liq 7
Strategy Net liquidation value

The chart above illustrates how volatile the account can be during volatile markets. The best approach to this strategy is to buy and forget. Watching the position too often can bring you diarrhea.

HFEA net-liq 7
Strategy vs SPY Net liquidation value

Strategy performance vs. SPY


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Posted by Martin July 29, 2023
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July 2023 Investing and Trading Report

July 2023 is over and our investing and trading performed very well again. We added generated options income of $4,484.00 last month. We also added new shares to our portfolio and started consolidating it by increasing cash reserves. Our dividend income was $478.37 last month.

Our cash to buying power dropped a bit as we continued reinvesting our proceeds:

Cash - Net-Liq - BP 07

Our options trading delivered $4,484.00 gain last month (5.36%). Our net-liq value increased by 8.04% to $83,653.41 value. Our overall account is up 34.37% YTD and -20.06% from when the bear market started in January 2022.

Here is our investing and trading report:


Account Value: $83,653.41 +$6,727.20 +8.04%
Options trading results
Options Premiums Received: +$4,484.00
01 January 2023 Options: +$1,466.00 +1.97%
02 February 2023 Options: $2,754.00 +10.34%
03 March 2023 Options: -$1,462.00 -2.05%
04 April 2023 Options: +$16,410.00 +8.54%
05 May 2023 Options: +$6,942.00 +9.85%
06 June 2023 Options: +$3,116.00 +4.05%
07 July 2023 Options: +$4,484.00 +5.36%
Options Premiums YTD: +$33,481.00 +40.02%
Dividend income results
Dividends Received: +$478.37
01 January 2023 Dividends: +$407.13
02 February 2023 Dividends: +$731.21
03 March 2023 Dividends: +$482.14
04 April 2023 Dividends: +$820.22
05 May 2023 Dividends: +$590.19
06 June 2023 Dividends: +$848.65
07 July 2023 Dividends: +$478.37
Dividends YTD: +$4,480.61
Portfolio Equity
Portfolio Equity: $243,222.75 +$26,316.51 +12.13%
Portfolio metrics
Portfolio Yield: 5.46%
Portfolio Dividend Growth: 23.02%
Ann. Div Income & YOC in 10 yrs: $427,746.29 180.37%
Ann. Div Income & YOC in 20 yrs: $8,744,708,315.20 3,687,377.30%
Ann. Div Income & YOC in 25 yrs: $233,549,734,661,234.00 98,480,813,628.74%
Ann. Div Income & YOC in 30 yrs: $629,659,402,153,012,000,000.00 265,508,202,451,862,000.00%
Portfolio Alpha: 34.09%
Sharpe Ratio: 4.63 EXCELLENT
Portfolio Weighted Beta: 0.54
CAGR: 218.60%
AROC: 41.43%
TROC: 11.40%
Our 2023 Goal
2023 Dividend Goal: $8,000.00 56.01% In Progress
2023 Options Income Goal: $70,000 47.83% In Progress
2023 Portfolio Value Goal: $96,532.51 86.66% In Progress
6-year Portfolio Value Goal: $175,000.00 47.80% In Progress
10-year Portfolio Value Goal: $1,000,000.00 8.37% In Progress


Dividend Investing and Trading Report


In June 2023 we have received $478.37 in dividends bringing our dividend income at $4,480.61.

Last month, we bought these dividend growth stocks:

– 2 shares of TXRH @ $114.86
Building up the position using options income.

Here is a chart of our account equity showing our accumulation goal and the value of all stocks in our account. It shows a nice upward-sloping chart as our equities grow. This is a result of our options trading and using premiums to buy dividend stocks:

Account Equity 7

And here you can see the dividend income those equities pay us every year:

Annual Dividend Payout 7


Growth stocks Investing and Trading Report


In June 2023, we bought the following growth stocks and funds:

  • 100 shares of GOOGL @ $121.00
    I got assigned to my puts that expired in the money. I decided to keep the shares and started selling covered calls.


Options Investing and Trading Report


In July 2023, our options trading delivered a gain of $4,484.00. I used this income to adjust some of the SPX trades that needed adjustment so they can expire worthless. I also opened a few new SPX trades.


Expected Future Dividend Income


We received $478.37 in dividends last month. Our portfolio currently yields 5.46% at $83,653.41 market value. I am happy with this progress as I am nearing a $1,000 a month in dividend income. As of today, our projected monthly dividend income is $757.66 (the real income is $373.38, but that is because our new holdings didn’t pay the dividend yet). Note that these numbers are averages. One month we get less another month we get more income.

Our projected annual dividend income in 10 years is $427,746.29, but that projection is if we do absolutely nothing and let our positions grow without adding new positions or reinvesting the dividends.

We are also set to receive a $9,091.89 annual dividend income ($757.66 monthly income). We are 2.13% of our 10 year goal of $427,746.29 dividend income.

Future Divi on YOC 06

The chart above shows how our future dividend income is based on the future yield on cost and what dividend income we may expect. The expected dividend growth depends on what stocks we add to our portfolio and the stocks’ 3 years’ average dividend growth rate. It is interesting to see what passive income we may enjoy 10, 20, 25, or 30 years from now.


Market value of our holdings


Our non-adjusted stock holdings market value increased from $216,906.24 to $243,222.75 last month.

In 2023 we planned on accumulating dividend stocks, monetizing these positions, HFEA strategy, and SPX trading. We plan to raise more of our holdings to 100 shares to sell covered calls. We continued rebalancing our options trades that released buying power significantly. That allowed us to start repurchasing shares of our interest.

Stock holdings trading 7

We aim to accumulate 100 shares of dividend growth stocks we like and then start selling covered calls or strangles around those positions. We also planned on reinvesting all dividends back into those holdings.


Investing and trading ROI


Our options trading delivered a 5.36% monthly ROI in July 2023, totaling a 40.02% ROI YTD. We plan to exceed our 45% annual revenue goal in selling options against dividend stocks. But as of today, we may not be able to achieve that goal as we use a lot of income for repairs of trades that got inn trouble during 2022 bear market. Although, we are slowly crawling out of the hole, our performance may suffer this year.

Our entire account is still down -20.06% from when the bear market started. However, in 2023 our account is up 34.37% YTD. During 2022 bear market it became apparent that although I had a lot of cash savings, I didn’t have enough. So my goal for the rest of the year will be accumulating cash. The market is again in an overbought territory so I will not be making new purchases, rather, I will be saving cash for the next crash.

Our trading averaged $4,783.00 per month this year. If this trend continues, we will make $57,396.00 in trading options in 2023. As of today, we have made $33,481.00 in trading options. This is below our projected goal. Based on the goal, we should average $5,834 options income per month. But I hope, as the year progresses, we can increase options income to our goal.


Investing and trading report in charts


Account Net-Liq


TW Account trading Net-Liq 7

The drawdown of our account is highly discouraging, but it started improving. I am not selling any stock positions, and I will be buying back those I sold to release our Buying Power. On top of that, I will be buying more dividend-paying shares as much as possible.


Account Stocks holding


TW Account holdings 7

Last month, S&P 500 grew 58.40% since we opened our portfolio while our portfolio grew 27.67%. On YTD basis, the S&P 500 grew 25.67% and our portfolio 18.19%. We are underperforming market by -7.49%.

The numbers above apply to our stock holdings adjusted by options premiums.


Stock holdings Growth YTD


TW Account holdings Growth YTD 7

Our stock holdings are underperforming the market. Hopefully, this trend will improve, and we will do better than S&P 500.

Our 10-year goal is to grow this account to $1,000,000.00 value in ten years. We are in year two, and we accomplished 8.37% of that goal.

Our 6-year goal is to reach $175,000 account value to be eligible for portfolio margin (PM), and today we accomplished 47.80% of that goal.

Our 2023 year goal is to grow this account to a $96,532.51, and today we accomplished 86.66% of this goal.


Investing and Trading Report – Options Monthly Income


TW Options Trading Income 7

Investing and Trading Report – Options Annual Income


TW Options Annual Trading Income 7


Our dividend goal and future dividends


TW Received vs Projected Dividends 7

We planned to make $8,000.00 in dividend income in 2023. As of today, we received $4,480.61. We also accumulated enough shares to start making $9,091.89 a year. Our monthly projected dividend income is $757.66, and our current monthly dividend income is $373.38.

TW Received vs Future monthly Dividends 7


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Posted by Martin July 19, 2023
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Technical view: Airbnb, Inc. (ABNB)

Technical view

ABNB is in stage #2. The stock just broke above its resistance at $130 a share and rallied hard. The stock is reaching another resistance at $145, and we need to see if it breaks above it but I would assume it would gain momentum and breaks it. The weekly chart shows the breakout nicely. The company became profitable last year, and I expect this stock to reach $245 a share in the next 5 years.

Technical view weekly

Keep reading ABNB Technical View:

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