Archive for: March 2013

March 31, 2013

DJIA Chart – Trading Zones

Filed under: Finance,Indices,Stock Charts - 31 Mar 2013

I charted the daily prices for the past three months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 14,578.54 on Thursday, March 28, 2013.

The green area shows the current trading …

March 24, 2013

Russell 2000 Index Chart – Overbought?

Filed under: Finance,Indices,Stock Charts - 24 Mar 2013

This Russell 2000 ($RUT) chart shows the past 6 months of daily prices after the index finished the week at 946.27 on Friday, March 22, 2013….

March 22, 2013

UCO and AAPL Adjustments

Filed under: Finance - 22 Mar 2013

So much for patience.  My plan to wait on selling covered calls on UCO didn’t last more than a few trading hours.  At least I’m glad I waited overnight, because UCO moved more than 1.7% higher this morning from yesterday’s …

March 21, 2013

SPY & UCO Clean-Up

Filed under: Finance,Stock Picks - 21 Mar 2013

I placed a limit order (Good-Til-Cancelled) two weeks ago that finally started to hit today.  The bid/ask for my six UCO April $35 calls was $0.05/0.15 at the time, with the last trade at $0.05.  I figured I could rewrite …

March 17, 2013

Dow Jones Chart – Overbought, Again?

Filed under: Finance,Indices,Stock Charts - 17 Mar 2013

I charted the daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 14,514.11 on Friday, March 15, 2013.

The second indicator that is the distance the Dow Jones …

March 15, 2013

Options Expiration – March 2013

Filed under: Account Summary,Finance,Stock Picks - 15 Mar 2013

This has to be one of the most boring quarterly options expiration days that I can remember.  The market didn’t know what to do with itself after such a long rally and didn’t do much.  The morning trade looked like …

March 14, 2013

Closed 3 Puts & Opened 1 Naked Put

Filed under: Finance,Stock Picks - 14 Mar 2013

I’m a few days early for spring-cleaning, but my trades today kind of felt that way.  I had a few positions that just needed to be dumped.  They weren’t doing much for me and I saw no reason to keep …

March 9, 2013

S&P 500 Chart – March 8, 2013

Filed under: Finance,Indices,Stock Charts - 09 Mar 2013

I charted the monthly prices for the past six months on the S&P 500 index ($SPX) after the index closed at 1,551.18 on Friday, March 8, 2013….

March 6, 2013

New Approach with QQQ and AAPL

Filed under: Finance,Stock Picks - 06 Mar 2013

I’ve been eyeing puts on AAPL again for the past few days.  If I had stuck with my strategy from last year and kept repeating it, I would have made up for my losses.  Instead, I backed off and waited …

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