by Ian Cooper | Oct 9, 2014 | Uncategorized
This has been an interesting week. This week, we fell 270, and then ran up 276, and are now down 340. I’m still shocked I have hair. On October 6, I issued a buy recommendation on the DIA December 170 put. Hearing that some of you bought up to $5, I tracked that in...
by Ian Cooper | Oct 9, 2014 | Uncategorized
On Monday, the Dow fell 100 points at the open. The Dow would fall 270 by day’s end. On Tuesday, the Fed brought out the bulls, sending the Dow back up 276 points. Today, we’re down 320 points again on global concerns. It’s chaos. While I continue to hold all open...
by Ian Cooper | Oct 8, 2014 | Uncategorized
While holding all other positions, sell to close the second half of the DIA November 169 put. These last traded with a bid-ask price of $4.15 x $4.20. I just want to protect the gain should the Dow move slightly higher before resuming yesterday’s 267-point plunge....
by Ian Cooper | Oct 7, 2014 | Uncategorized
This has been quite a market. One day we’re down 267. The next day we’re up 165. Then we’re all over the place. Then today we’re down more than 120 at open. It’s madness, as we near the end of QE3. Hold all positions, though with the exception of the Staples (SPLS)...
by Ian Cooper | Oct 6, 2014 | Uncategorized
After a beautiful string of wins since December 2013, we did run into some losers. We continue to hold everything, though, with plenty of time remaining. All positions in the portfolio are long-term holds, despite pullbacks in a very volatile market. In a week’s time,...
by Ian Cooper | Oct 6, 2014 | Uncategorized
At the end of October 2014, QE3 will come to an end… It’s already spooking the market, sending us down 267 one day, only to send us back up 200 the next. Volatility is here in a big, big way. The only way to trade the market at the moment is to be a bit patient… and...
by Ian Cooper | Oct 3, 2014 | Uncategorized
After a great deal of solid wins since December 2013, we have run into losers in one of the most troubling months for the markets in recent memory. We may have closed out nine solid double-digit wins since August 2014, but we have losers after the markets 350-point...
by Ian Cooper | Oct 3, 2014 | Uncategorized
This has been one of the wildest markets we’ve ever seen in recent months… Last Thursday, we fell 265 points on an over-extension we’ve discussed. The next day, the market shot up 165 points. By Monday and Tuesday, the market lost its mind again. On Thursday, we...
by ADRIAN MANZ | Oct 2, 2014 | Uncategorized
Tomorrow on Friday October 5, 2014 we will close our September positions that were opened on September 5, 2014 for a 8.1% loss. Those positions are as follows: Ticker Return % Start Price End Price OGZPY -8.3 7.58 6.93 CMC -9.8 18.03 16.23 SANM -13.7 24.1 20.81 COT...
