Archive for: December 2008

I was waiting for the Santa Claus rally and then thought maybe he got lost and would come around for a nice end of the year present, but apparently the reality of our economic situation is still hanging heavy on …

Barron’s highlighted NASDAQ OMX Group Inc (NDAQ) a couple of weeks ago as a stock to watch and I’ve been watching, but can’t see the right time to get in yet.  I’ve charted it every day for the past week and …

While CELG was trading at $53.33 I sold two CELG January 55 covered calls (LQHAK) for $2.20 each and received $428.50 after commissions.  I think CELG will bounce back from it’s current price, but I’m not so sure that I don’t …

I charted the Dow Jones Industrial Average (aka DJIA or $DJI and previously $INDU) for the past 10 years using monthly price ranges as of Friday’s close.  I was planning to chart the 20 year view, but most of what seemed more interesting …

This morning my account bounced back and forth from a paper gain to a paper loss more than five times and as much as $1,500 on either side.  That’s just the times I saw it.  By the afternoon I settled into a down …

I haven’t written a formal review of Quicken yet, but have used Intuit’s money management software since 1997.  I’ve had some issues with stock and option downloads using Quicken in the past, but either they fixed the bug or I …

Nothing like a record Fed rate cut during an options expiration week that happens to fall in the most volatile period in history to get the market moving.  I’ve made two trades in the past 14 days – the bullish …

The S&P 500 (SPX.X) chart ending December 12, 2008 shows similar price action as I predicted in my Dow Jones Chart last week.  The challenge the Dow Jones faced last week and …

The past couple of years have been expensive for my family when we look at the cost of poor health.  A lot of it is obvious in missed wages and doctor/hospital fees, but sometimes it’s the intangible costs that can …