Look at the chart. I use regression channel. It is a study provided for free in TOS. So the lines of the regression channel shown on the chart are drawn automatically by the study based on the price action of the underlying. It is as automatic as Bollinger Bands. It is expected that the price Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Posts Tagged With 'market trend'
Market outlook for the next week
On Monday markets will be closed due to President Day observation. For this week we will see a short trading. However, the most important trading happened last week. In my previous market outlook post I wrote about two patterns the market was about to attack – a wedge pattern and sideways channel. Last week, the Continue reading →
Market outlook, trend still unchanged
Market slid again today and the “we-know-the-future” experts out there are competing among themselves who comes up with the best reason why. All of them are united however that the reason is a fear of the US economy slowing down after weak earnings reports. I believe if you go out there and ask any average Continue reading →
PG trade adjustment, SPY & POT puts new trade
I am trying to trade longer term options trades. One of the trade I opened recently was long (April 2012) puts on Procter & Gamble (PG). Now I want to be opening short term trades against this trade to produce income. Same thing I am doing with my SLV long term holding and the same Continue reading →
Market ends third quarter with heavy losses
As I wrote in my previous post, investors were just buying a pure wishful thinking, hoping for better times, improvement and trying to avoid recession (in their thoughts). Although some data from US came better than expected, they weren’t strong enough to offset bad data from Europe. So watch the European debt crisis, since it Continue reading →
Market in Rally Attempt
When I wrote my post on July 7th about stocks rallying on earnings expectations I warned about this rally as it is not confirmed and it may fail. Even though the market made an impressive move and achieved great gains since then, it is still in an overall downtrend. Last couple of days I was Continue reading →
TSTC sold on stop loss trigger
Telestone Technologies Corp. (TSTC) triggered stop loss order this morning and has been sold: 01/21/2010 11:33:43 Sold 19 TSTC @ 17.78 Today’s move on the market also counts as another sell off (distribution day) and puts the market under the pressure. That means I am raising cash and waiting for the next move. Will the market slip into correction or is Continue reading →
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