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?)
Dow 10,000: Buy it, Or Sell it?
Where are the original Dividend Aristocrats now?
Market In Denial Phase Of Sentiment Cycle
The 2010 Dividend Aristocrats
Read more on S&P 500 (SPX), Dow Jones Industrial Average (DJI), SPDR Trust Series I 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?)
FROM THE EXCHANGES
QLD Chart – Is Tech Braking?
Blue Wave Trading - Intraday
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?)
Key Price Levels: EEM
VWO Vs. EEM: Which Should You Buy?
TRADE OF THE DAY: BIG MONEY BETS AGAINST EMERGING MARKETS
Feel like throwing money out of the window?
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?
Market In Denial Phase Of Sentiment Cycle
Back to the charts
Read more on ProShares Ultra S&P500, S&P 500 (SPX) 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?) 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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