Archive for: December 2008

December 29, 2008

Sold Covered Calls on MON, TDW and JOYG

Filed under: Finance,Stock Picks - 29 Dec 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 …

December 23, 2008

NDAQ Chart – December 22, 2008

Filed under: Finance,Stock Charts,Stock Picks - 23 Dec 2008

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 …

December 22, 2008

Sold Covered Calls on CELG & FCX – Dumped AA, CHK, CMI

Filed under: Finance,Stock Picks - 22 Dec 2008

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 …

December 21, 2008

Dow Jones 10 Year Chart – December 19, 2008

Filed under: Finance,Indices,Stock Charts - 21 Dec 2008

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 …

December 19, 2008

Options Expiration – December 2008

Filed under: Account Summary,Finance,Stock Picks - 19 Dec 2008

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 …

December 18, 2008

Praise for Quicken

Filed under: Life's Expenses - 18 Dec 2008

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 …

December 16, 2008

Rate Cuts on an Option Expiration Week

Filed under: Finance - 16 Dec 2008

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 …

December 14, 2008

S&P 500 Chart – December 12, 2008

Filed under: Finance,Indices,Stock Charts - 14 Dec 2008

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 …

December 11, 2008

The Cost of Poor Health

Filed under: Life's Expenses - 11 Dec 2008

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 …

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