EOT Update
EOT Position Update – August 11, 2010
August 11, 2010 ***Editor’s Note*** Keep an eye on your email. I’m working on a new trade… you’ll see it shortly. Market Snapshot Did you know we’re going nowhere fast? To show you what I mean, take a look at this weekly chart of the S&P 500 so far this year… You can see there […]
EOT Position Update – August 4, 2010
August 4, 2010 Market Snapshot In today’s uncertain economy, there are endless opportunities to make a killing with options. Keep in mind, there’s more than one right way to trade options. What works for one trader doesn’t necessarily work for another. It’s why we give more than one support and resistance level. We know you […]
EOT Position Update – July 28, 2010
July 28, 2010 Market Snapshot As an investor, you know how important it is to expect the unexpected. And in today’s manic-depressive markets, it’s more important than ever. Just look at the headlines describing the market’s daily movements. One day we’ll see, “Stocks Rally As Strong Earnings Outweigh Weak Economic Data”. Only to see, “Weak […]
EOT Position Update – July 21, 2010
July 21, 2010 Market Snapshot “Economic outlook remains unusually uncertain”… No it’s not an answer from my “Magic 8 Ball”. Those were the words Fed Chairman Ben Bernanke uttered in front of Congress today. The markets promptly nose-dived after he made the comment. Look, the markets have been telling us there’s a lot of uncertainty […]
EOT Position Update – July 14, 2010
July 14, 2010 Market Snapshot Optimism… It’s back! Earnings season is underway. And so far it’s giving investors reason to believe the economic recovery can continue. Headlining the impressive earnings is Intel (INTC). The semiconductor giant reported a monster quarter. In fact, they recorded their best quarter ever! The good news didn’t stop there either. Intel CEO, […]
EOT Position Update – July 7, 2010
July 7, 2010 Market Snapshot The markets bounced back from oversold conditions today. It’s not surprising to see a relief rally. Stocks were down almost every day for two straight weeks. But there’s one thing today’s rally lacked. It’s the same thing all of the single day rallies since April have lacked… Volume! Below average volume […]
EOT Position Update – June 30, 2010
June 30, 2010 Market Snapshot The 2nd quarter came to an end today. It’s been ugly to say the least. This quarter alone, the Dow is down 10%, the S&P 500 shed 12%, and the NASDAQ lost 12%. And to top it off, all three closed at their worst levels of the year today. It’s […]
EOT Position Update – June 23, 2010
June 23, 2010 Market Snapshot Over the weekend, China got the markets fired up. It looks like the Chinese will let their currency, the Yuan, appreciate against the U.S. Dollar. The reality is the Chinese are going to manage their currency’s valuation very closely. We’re not going to see the Yuan explode in value over […]
EOT Position Update – June 9, 2010
June 9, 2010 Market Snapshot Trying to distill market action into profitable trades is never easy. But recently it’s become even more challenging. Right now we’re getting a lot of mixed signals. I think the bulls and bears each have compelling arguments. The bottom line is investors lack the conviction necessary to move the markets […]
EOT Position Update – June 2, 2010
June 2, 2010 Market Snapshot The markets are lost… or at least they’ve lost their direction. Right now fear is keeping most investors on the sidelines. And shorter term traders are skimming quick profits. The high volatility and low trading volume speaks volumes about investors’ mindset. It’s telling me there’s too much uncertainty to place […]
