Well after getting an all clear signal to go long in the stock market two weeks ago, it looks as though it was just a head fake. This happens time to time and you just got to roll with it. If the current week ends below 106.77 we will officially have a new down trend…
Like I said in the Weekly update post, I think I might have been given a head fake, but because I got a go long signal I made some buys. I went long or bought shares in the following stocks. AAPL, ABC, BIDU, CLH, CTSH, and ORLY. After 5 days on holding these positions, I…
For the first time in my life I started to short stocks and currently all positions have been closed out. I was charged no fees nor was I charged any margin interest because I always had the cash to cover my positions. I learned that I like shorting stocks much more than I do playing…
I’m back from my one week vacation from Florida and it looks like I picked a good week to not look at the market or news. Not to say that I didn’t check the market while on the road, because I would be lying if I said I didn’t. What I learned is that I…
Well after 4 or 5 weeks waiting for something to happen in either direction, we finally got a signal this week. We actually got a buy signal on the S&P 500 because the entire weekly trading bar cleared the 50 week MA and the RSI closed above 50. So just like in January, I will…
To say I hate playing the down side of the market is putting it lightly. It is harder to understand, it is harder to research and make decisions, and because most traders want the market to go up, there is more pressure on the market to do just that. I basically had my lunch handed…
After a rough start Monday, the S&P 500 made a steady climb the rest of the week. I thought for sure that I would be pulling my retirement account monies out of the C and into the G, but not so. We actually moved back above the 50 week MA but we still have work…
After today’s rally into the SPY or S&P500, no matter what happens Friday I will not be moving any money out of the C-fund in my retirement account. We had a 3% pop which was enough to cross and end on the 50 week MA. Who knows how long it will run or old up,…
Let’s start off with the bad. I bought a September 470 Put Option on Google and I did not follow the rule book on this one. The S&P500 was not in an official down trend, even though it is darn close as of this week, so buying a Put option in the S&P500 was not…
To say I’m a little disappointed in the SPY(S&P 500), is an understatement. I really do not want to move my retirement account out of the index, but I see no choice in the matter if I stay true to the rules. If the the entire weekly trading bar is below the 50 week MA…
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