This S&P 500 ($SPX) chart shows the past 17 years of monthly prices after the index finished the week higher at 1,253.23 on Friday, November 4, 2011. Charts are not only telling when viewed over short periods, but also over longer periods. Investors can use shorter charts to maximize gains and reduce losses week to week,…
Month: November 2011
Covered CSX
CSX has been sitting in my account, uncovered since I was assigned the shares back in August at $25.00. I was in no rush to sell covered calls on my 100 shares because I thought CSX had gotten too cheap and it was only 100 shares so it didn’t really do much for my account…
End of Month Summary – October 2011
October was nothing but beautiful for my accounts. I gained more than 17% for the month while the major indexes were closer to 11% higher on the month. That leverage I have in place to create such a positive month is also the reason I’m trailing the markets for the year to date. It’s a…