August 17, 2017

Archives for November 2011

Options Strategies Continue to Push Higher

First, I would like to thank all of my subscribers for your participation and more importantly, kind words. The core of my service are the options strategies. Other service offer frills, etc.,  but most of you understand that you join a newsletter service or any investment service to make money. Period. And that is my goal, to help bring you the best ACTIONABLE ideas to increase your return. So far, so good. Secondly, subscribers check your emails for the latest trade alerts. I placed a trade in both options strategies today. Oh yeah, and I almost forgot. For those of you who have asked me repeatedly about a member's page, well, your requests have been fulfilled. I will be unveiling my member's only page this weekend. Stay … [Read more...]

An Interesting Chart

Will the whipsaw ever end? I will be back later this weekend with a few posts. Also, don't forget to check out my Free Weekly Report for Friday's High-Probability, Mean-Reversion indicator results and more. If you haven’t already, don’t forget to sign-up for my : Free Weekly Report High-Probability, Mean-Reversion Options Strategy : Free 30-day trial Theta Driver Options Strategy (limited room available): Free 30-day trial Twitter? Join Here. Also, for those of you who live on Facebook. You can access my info there as well. Just click on LIKE. … [Read more...]

The Sign of A Bear Market?

I came across a very interesting statistic this afternoon from Jason Goepfert. "The S&P 500 has closed +/- 1% for 9 out of the past 10 and 13 out of the past 15 days.  Since the 1930s that has only occurred in November 1987 and October 2008." For those who don't know - both dates were near the beginning of some of the most violent downside moves in market history. Like I stated yesterday, I think the market, more specifically, the S&P 500 (SPY) will push to close the gap from 9/1/10. Again, 9/1/10. Until then, I will remain focused on keeping the returns of both options trading strategies growing. So far, the High-Probability, Mean-Reversion Options Strategy and the Theta Driver Options Strategy has three successful … [Read more...]

Thank You Papandreou

I am going to keep it short and sweet tonight. I am amazed at just how many people I know that have turned bullish. Seriously, bullish? Absolutely, nothing has changed since a few months ago, if anything we have more clarity as to why this recent bounce was just a bear market rally. This euro crisis is far from over and I still think that the gap from 9/1/10, yes 9/10 is going to close before we move substantially higher. But, people are easily swayed by a sharp rally. So, as I type this futures are substantially lower, again. And, my guess is that the selling continues throughout the evening and into the open tomorrow. Check out the following vid: Easy Come , Easy Go If you haven’t already, don’t forget to sign-up for … [Read more...]

Short-Term Reprieve Occurs – Now What?

In my Free Weekly Report this past weekend I spoke about how I thought a short-term reprieve was lurking. I spoke about a return to 1220 and well, we are here already. Now what? The market gapped significantly lower at the open and never looked back. Now all of the ETFs I follow for the options strategies are well within a neutral state. The only ETF that has pushed into a short-term oversold state - TBT. And if the RSI (2) of TBT moves even lower tomorrow I will most likely take another position. Other than that I will be sitting on the sidelines waiting for the next set-up. According to Jason Goepfert: "The Beta Chase Index jumped above 6 on Monday, very unusual for a down day in the market. Part of the reason was that … [Read more...]

Back in a Neutral State. Where Now?

The market moved decisively lower today and while most think it was just a normal decline I think there could be more ahead. Tim Knight of Slope of Hope recently stated that he thought the 1223 area on the /ES would act as a strong area of support and I think he is correct in his assumption. If we break that area then I would expect to see a decisive decline as we head into December. The true test will be once the market reaches its next short-term oversold state. If the bounce is violent then, yes, I would expect to see another push higher into November expiration. But, if the the bounce is weak, then bears should have good reason to rejoice as another swift decline could be in order. If you haven’t already, don’t forget to sign-up for … [Read more...]