Breakdown: I bought the CORN October 43 Straddle for $2.90 Profitable – I make money on this trade if CORN closes below $40.10 or above $45.90 by October 21, 2011. Break-even – If CORN closes at $40.10 or $45.90 by...
Read MoreIf your portfolio is caught in the wrong direction, consider hedging to minimize some losses. This is a very basic strategy I use when I have plenty of cash, yet my portfolio is still caught in one direction while the market is...
Read MoreAs you can see, we had a devasting close yesterday and another devasating one this morning for anyone who was net long in their portfolio. I’ve been letting my stops trigger and not doing anything else as we should see a...
Read MoreAs discussed yesterday, tonight I’m going to cover some potential long trades for the week. First, we need to briefly discuss today’s action. Euro scares once again punished the market early and everyone else quickly...
Read MoreAnother week, another opportunity to make some cash. This week we will start testing some more long-side trades once again, but remember this is a higher risk scenario for a few reasons. The first and most important is we are...
Read MorePer the recent trade of the week shopping list, we have initiated some more long trades this week for the first time in a while. It is great to finally start using some technicals once again and creating trades in stocks rather...
Read MoreWith no economic news on the calendar for Monday, the markets moved down from fears of a Greek default to a late day light-volume rally with the optimism that Italy may convince China to buy some of their bonds. As you have just...
Read MoreRemember this basic strategy to save yourself from racking up big losses or holding lots of red and sweating it. We have multiple discussions in the live chat throughout the day. This point keeps coming up which is my ideal...
Read MoreLast week we were in search of clarity. Shocking to most market players, gold and the markets were rallying together even on bad economic news. Finally by the end of the week, logic seemed to have set back in as gold continued...
Read MoreFinally, we are past the important Bernanke commentary and GDP release. Both came in as anticipated. The markets quickly fell for a brief period only to rally even quicker and steadily into the close. This was a light volume...
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