Archive for: October 2009

October 30, 2009

S&P 500 Chart – Is the Dream Over?

Filed under: Finance, Indices, Stock Charts - 30 Oct 2009

I charted the S&P500 ($SPX) after the markets closed on Friday, October 30, 2009 when the SPX finished the month at 1,036.19.
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Depending …

October 28, 2009

Getting Spanked Today

Filed under: Account Summary, Finance - 28 Oct 2009

As of around 2:45 pm I was down close to 1.7%, a little more than the S&P 500.  The good news is that we’re very close to the first key level of technical support I pointed to on my weekend …

More on this topic (What's this?)
33 Dividend Champions to Consider
Get Ready for a Tradable Bounce
Selling Options is no free lunch
Read more on S&P 500 (SPX), SPDR S&P 500 ETF, Dow Jones Industrial Average (DJI) at Wikinvest

October 26, 2009

Sold QLD November 50 Naked Puts

Filed under: Finance, Stock Picks - 26 Oct 2009

It’s funny how things work sometimes.  A few days ago when I sold new EEM naked puts I commented that I was eyeing QLD naked puts too, but decided not to chase the 2x QQQQ …

More on this topic (What's this?)
QLD Chart – Is Tech Braking?
Blue Wave Trading - Intraday
FROM THE EXCHANGES
Read more on Proshares Ultra QQQ at Wikinvest

October 24, 2009

Dow Jones Chart – October 23, 2009

Filed under: Finance, Indices, Stock Charts - 24 Oct 2009

I charted the Dow Jones Industrial Average (aka DJIA or $DJI) after the markets closed on Friday October 23, 2009 when the Dow finished the week at 9,972.18….

October 22, 2009

Sold EEM November 40 Naked Puts

Filed under: Finance, Stock Picks - 22 Oct 2009

I’m not trying to fight the tape any more.  I’ve learned from my mistake of holding back while the charts weren’t saying to give up yet.  I was too bearish for too long and now I’m just along for the ride again.  …

More on this topic (What's this?)
EEM Chart – Near Support
Feel like throwing money out of the window?
TRADE OF THE DAY: BIG MONEY BETS AGAINST EMERGING MARKETS
Read more on IShares MSCI Emerging Markets Index Fund at Wikinvest

October 21, 2009

Sold SSO November 36 Naked Puts

Filed under: Finance, Stock Picks - 21 Oct 2009

I’m working to get a larger part of my account invested after all of my October options expired worthless last week.  One of the easiest ways I find to do that is the double the S&P 500 ETF, SSO.  I …

More on this topic (What's this?)
Where are the original Dividend Aristocrats now?
Selling Options is no free lunch
Read more on S&P 500 (SPX), SPDR S&P 500 ETF at Wikinvest

October 19, 2009

Sold FWLT November 32 Naked Puts

Filed under: Finance - 19 Oct 2009

I was able to slip another trade in on Foster Wheeler AG (NASDAQ: FWLT) while it was down this morning.  I didn’t get in at the low, but did get in before its second run higher showed up.  After my …

More on this topic (What's this?)
FWLT Chart – Nearing Support
FWLT Chart – Breakout
Read more on Foster Wheeler at Wikinvest

October 18, 2009

Options Expiration – October 2009

Filed under: Account Summary, Finance - 18 Oct 2009

I had a good month to be short options.  Every one of my short positions closed out of the money leaving me with a full profit on each one.  I could’ve written higher strikes and made more money, but opted …

October 17, 2009

I Passed the Series 65 Exam Today!

Filed under: Uncategorized - 17 Oct 2009

I scored 86% and only needed 68.5% to pass.  Thanks for all of the good luck wishes over the past week.

I’ll write up a full summary of yesterday’s options expiration later and doubt I’ll get an index chart posted this …

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