In today’s Daily Digest, we’ll review:
- New position in ITB (Home Construction).
- No adjustments are needed today.
- No exits since the last report.
- Current status of open campaigns.
Let’s dig in! [Read more…]
Expert technical analysis of financial markets by JC Parets
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
When I was reviewing my open positions this morning, I couldn’t help but have the feeling that all good runs must eventually come to an end. Everything goes through cycles.
As I was doing post-mortems on winning trades that recently closed, and updating stops on winning trends I’m continuing to ride, a feeling of foreboding hit me that this run feels “too good to be true.”
This isn’t necessarily true, but it has felt like any long trade I’ve put on recently was destined to be a winner. If I’m not careful, I can easily cross the chasm into blind overconfidence. That’s where most trouble starts. Certainly for me, anyway.
In the near future, I’ll probably be looking for less aggressively bullish bets. And the ones I choose will likely require longer timeframes to play out. Meanwhile, I’m beginning to favor some delta-neutral credit spreads wherever I can find favorable setups.
I touch upon this and much more in this week’s Options Jam Session: [Read more…]
The energy sector is looking poised to break into uncharted territory, and we too are going to break some new ground by doing an options trade we’ve never done before in ASO.
Calling it a “trade” might even feel a little off, considering the timeframe of this one. It might be more accurate to call it an investment. Compared to most trades we do, this one has the potential to certainly feel like one. [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
Are we due for the pause that refreshes?
If so, what sector is likely to remain mired in a range?
For my money, this chart seems as good as any candidate for continued sideways, sloppy trading action… [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
It’s common practice to follow the major stock market indexes to get clues into what kind of market environment we’re in.
This is important because when considering trades to put on, I would be better served if my next idea aligned with the current market trend and volatility profile.
But sometimes, the market (as one defines it – could be “the S&P 500” or “the Dow” or “the Nasdaq”) isn’t giving me anything conclusive to make a firm decision against. I’m getting mixed signals. This is common.
One way I have found to get a better indication of the market environment is to simply use my own portfolio as a guide. [Read more…]