August 18, 2017

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 trades under its belt since inception 8/15 with an average return around 13.6%. Not too shabby.

If you haven’t already, don’t forget to sign-up for my :

Sign-up for the 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.