Archive for: January 2008

Earlier today I mentioned I was leaving a limit order to sell covered calls on my 300 DWA shares.  While DWA was trading at $22.79, my limit order hit and I sold three March 25 DWA …

Alcoa (AA) beat earnings after close yesterday and was up in after hours trading, but fell with the rest of the markets this morning.  I took that opportunity to sell naked puts on it.  While AA was trading at 31.59 …

With all of the pessimism in the market these days, how many more weeks/months can the bull market hide still?  I get the feeling this older bull on the left is just sitting back telling the young one on the …

I’m back to BA after talking about it pre-market.  I own 100 shares and I’m down decently on it.  I’ve sold covered calls so far and made more money back on top of my naked puts, but now the chart …

I walked into a bad time to have some time away from my computer and the markets.  Since my job ended two Friday’s ago I haven’t had much time to sit at my computer and catch up on the markets …

I plan to continue my weekly index charts throughout 2008 since I have received some good feedback during 2007 and I chart them for my own benefit anyway.  I’m starting with a weekly chart of the Dow Jones Industrials Average (DJIA or ticker $INDU) going back …

The payday lending industry is on the rise on Wall Street.  There are already several publicly traded payday loan companies, and the question has to be asked, why is Wall Street so welcoming to …

I own some Adobe shares in my IRA and have covered calls on it.  I still like it long term and last week decided to put a limit to sell some puts on it.  While ADBE was trading at 40.48 …

I finished off of my highs of the year and I still pulled out a 26.27% return for all of 2007.  I’m really happy with my account for 2007.  I always like to compare myself to the indexes, especially the …