Last week I opened up a small position with NDAQ November naked puts with the plan to let them expire and then add to the position if the options were assigned or just re-write them if they expired worthless. After NDAQ’s price fell below the $20 strike a few days later I started eyeing the chart…
Author: Alex Fotopoulos
Dow Jones Chart – October 2, 2009
I charted the Dow Jones Industrial Average (aka: DJIA, ticker: $DJI) after the markets closed on Friday, October 2, 2009 when it was at 9,487.67.
Opened New Naked Puts on SSO & EEM
After finally seeing the S&P 500 fall more than 5% from its intraday highs on September 23rd I decided I shouldn’t stay on the sideline too much longer. I’m not necessarily saying this is a bottom, but do believe that after we’ve come down 5+% off the top, hopefully there’s only about 5% more room…
End of Month Summary – September 2009
I pulled out another month with a gain. As I’ve mentioned in my regular posts I’ve been underinvested, I’m working on changing that, but the longer the rally goes the more certain I am of a coming step back. (I’m going with the lesser known saying here – seven steps forward one step back.) I ended September…
2009 Stock Picks – Q3 Review
We’ve made it three quarters of the way through our bloggers’ contest for the four best stock picks of 2009. I’m starting to make my move higher and am no longer in last place. I’ve moved to a solid second to last as of the end of September. This is how my picks faired over the first nine months:…
Sold NDAQ November 20 Naked Puts
I keep coming back to NASDAQ OMX Group Inc (NASDAQ:NDAQ) when I see good opportunities on its chart. Long term I think NDAQ is going much higher, but since I don’t know when that day is going to get here, I’m nibbling little bites of profit with naked puts in the meantime. I mistakenly late…
Sold November UWM Naked Puts
For the past few months I’ve written about my lack of buyer’s remorse, not because I wasn’t remorseful of what I bought, but because I was remorseful of what I didn’t buy. (Still with me?) For months I’ve stayed underinvested, waiting on a pull back that hasn’t come. Although I still expect it to come…
NASDAQ 100 Index Chart – Middle Trading Channel
I charted the NASDAQ 100 Index ($NDX) after the markets closed on September 25, 2009 when NDX was closed at 1,694.15.
Diversifying With Vanguard Total Bond Market (BND) ETF
I must feel I’m aging or something. For the first time I added a bond ETF to my portfolio as a mainstay. I’ve always focused on stocks (and their derivatives) as my only asset class outside of cash. The more I mature as an investor, the more I understand diversification means more than just buying…