#267: Mon 6/4/2018 7:52 PM EDT
Current Thinking & Upcoming Positioning
This year we have booked five winners and taken one loser. Statistically, we were due to get a trade wrong. Five winners and one loser is an 83% batting average. Our historical batting average is 79% so we are right where we want to be.
The total return is 105.20%. So the per trade return is 17.53% and the average winner is 21.04%.
#398: Wed 7/11/2018 12:14 PM EDT
Lock In Gains On SPY Puts
Yesterday we decided to play the S&P 500 via SPY. We recommended buying the S&P 500 ETF (SPY) August $275 Put that was trading at $2.37. SPY was at $278.23 and is now at $276.97 with the put at $2.92 for a gain $0.55 or 23.20%.
#397: Tue 7/10/2018 9:54 AM EDT
New Trade on SPY
We are going to play the S&P 500 via SPY. We will buy the August ...
#507: Mon 7/9/2018 8:16 AM EDT
The Week Ahead
The Russell 2000, S&P 100, NASDAQ 100 and Dow Jones Industrial Average were higher for the week along. The Big Picture [monthly bias] for the NASDAQ 100, the Dow Jones Industrial Average, Russell 2000 and the S&P 100 remain positive.