Apr 28
Last week the Dow Jones was up 4 out of the 5 days of trading. Netflex reported earnings and the stock dropped, so on Tuesday I decided to do a bull put spread on it. I made just a little over $400.00 on just 4 days. I am finally learning how to trade debit spreads …
Mar 17
Over the past few weeks I have watched gas prices increase more and more I am now paying $3.59 for a gallon of gas. All you hear in the news is how we will be paying $5.00 for a gallon of gas. With all the talk about gas prices going to $5.00 do you …
Jan 26
The Market has had another great week! On January 20, 2012 the Dow opened up at 12623.93 and today the Dow is trading at 12798.13 which is an increase of 174.20 point gain for the week. We are in the middle of earnings and Apple and Netflex reported great earning which helped the market. The …
Nov 30
Today is the last day in November 2011, the Dow Jones was up almost 500 points. What caused this Hugh rally in the market today? The Federal Reserve and five other central banks moved to ease the flow of funds to banks hit by Europe’s debt crisis. The important news is that the central banks …
Nov 04
Why is now a good time to buy a house? First interest rates are really low. The housing market has adjusted itself from the high prices to prices that you can now afford. A recent report from J.P. Morgan Asset Management, titled “Housing: A time to buy,” written by David Kelly and David Lebovitz, …
Aug 01
On July 1, 2011 the Dow Jones opened at 12,483.28 and hit a resistance at 12,700 on July 7, 2011 then went down and tested the 50 day moving average held that and start to move up again. On July 21, 2011 ht that resistance of 12,700, then the Dow just keep going down and …
Jul 09
Over the last 9 trading days the Dow Jones was up. On June 27, 2011 the Dow Jones opened at 11934.66 and closed at 12657.20 on Friday July 08/2011, which is a gain of 722.54 point and we are testing resistance. Is this a summer rally or is the market really going to start …
Jun 25
On Monday June 20, 2011 the Dow Jones open at 12,004.28, closed on Friday June 24, 2011 at 11,943.58 which is a loss of 60.70 points for the week and we are really close to the 200 Day moving average. The first of the week started off good then the bears came in and showed …
Jun 13
The Dow opened at 12151.19 on June 6, 2011 and closed at 11951.91 on June 10, 2011. The loss on the Dow was 199.28 points. For the last 6 weeks we have been down, which is the longest loosing streak since 2002. let’s take a look at the Economic data. As we …
Jun 05
The market had a short trading week. On Tuesday May 31, 2011 the Dow Jones opened at 12443.40 and Closed on Friday June 3rd, 2011 closed at 12151.26. So we fell 292.14 points for the week. There was so much bad news that helped the market fall. Here is a chart on the data from …
