To speed up the clean up of my TD Ameritrade account before I close it I decided to close a couple of my positions early. Depending if today’s broad market drop continues through tomorrow I might have to buy back some of my other options too. I started with NDAQ and UCO because NDAQ was…
I’m Ditching TD Ameritrade
I’ve been a customer of TD Ameritrade (AMTD) since 1999 and have liked their services and interface enough to stick around all this time and pay higher commissions than I could’ve gotten elsewhere. I tried Interactive Brokers (IBKR) a few years ago with a portion of my account, but switched back to AMTD when my…
6 Month DJIA Chart – November 13, 2009
I charted the daily price action of the past six months for the Dow Jones Industrial Average (DJIA or ticker: $DJI) after the markets closed on Friday the 13th, 2009 when it closed at 10,270.47.
Carnival of Financial Planning
This week MyTradersJournal.com has the honor of hosting the Carnival of Financial Planning, The Best Personal Financial Planning and Personal Investment Articles this Week from Personal Finance Blogs. ——————– ——————– ——————– Welcome to the November 13, 2009 Edition #115 of the Carnival of Financial Planning. The Carnival of Financial Planning takes a long-term view of personal financial…
Current Positions – November 12, 2009
My fortunes have changed greatly since the new month started and the markets have rallied back to where I thought they should been. Less than a couple of weeks ago all, but one, of my options were sitting in the money (aka, below the strike price). Today only one is in the money. That sole position…
NASDAQ Composite Index Chart – November 6, 2009
I charted the NASDAQ Composite Index ($COMP) after the markets closed on Friday, November 6, 2009 when it finished the day at 2,112.44.
Sold UCO December 13 Naked Puts
Yesterday I missed a better opportunity to get back into UCO (an ETF that tries to match twice the daily performance of the Dow Jones UBS Crude Oil Sub-Index). Little did I know a nice mini-rally was coming for oil starting just a few minutes after I decided to sell new naked puts on the ETF. The…
End of the Month Summary – October 2009
In my September Summary I started off by saying I was certain of a coming step back for the markets, yet within a few weeks I added greater exposure in my account than I’ve had in many months. (Apparently I wasn’t reading my own analysis.) Soon thereafter we saw the market hit new highs for the year…
S&P 500 Chart – Is the Dream Over?
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.