Margin on indexes is high if you don't have a Portfolio Margin account (check with your broker) but very reasonable if you do. IB and ThinkorSwim have been the best all-around sites from what most Members say but TOS was taken over by Ameritrade and has gone way downhill lately.
We teach many kinds of leveraged trading strategies at PSW and we also have our own reps at several of the major brokers who take very good care of our Members.
We flipped bullish this morning (see morning post - free on our site) and killed those bearish trades and picked up some levered action going the other way. It was a nail-biter until the close but then it worked out just fine.
What do you call income? Do you mean profits or revenues? I find it hard to believe you are financing 250% of revenue in unprofitable companies and getting 97% success but, if so - I have about a dozen companies I know who would love to get some funding!
I don't know of a proper Dow study. The S&P routinely changes components too and the Russell just rebalanced but with the Dow just having 30 components, you really can't just go pretending it doesn't matter when you trade 2 in, especially with their whacked out weighting system - that in itself could have used an extensive study to figure out what the hell they did.
I would understand the lack of action by the government if the situation was insoluble, but it isn't. It just takes firm action and some vision. Unfortunately, those are things we are very short of in our government.
Actually we haven't been short on oil since we made a fortune in the fall when it double topped at $100 and we bet the farm both times. We started shorting again at $110 with a plan to roll up and double down on our puts for 3 months but we already had a great expiration in March when oil plunged from $110 to $98 so this (April) looks to be a losing month for us if you don't count SU, who just made us a mint, or OIH, who just made us a mint or BTU, who just made us a mint but XOM, CVX, USO and XLE haven't paid off for us yet but please sell us puts at these prices if you are bullish.
Just this Monday, right here in SA, I said buy PTR (up 13%), FTO (down 5%) and COP (even) as hedges against our puts on SU (down 4%), USO (up .5%) and XOM (flat) so I can only assume you don't actually read the posts, just spout off against anyone who challenges your world-view.
Of course at $120 we went all short and you can tell me how smart you are in June if oil holds up here but I say it's unsustainable and that's where we're placing our bets but we need people like you or we couldn't possibly find people willing to bet oil goes higher from here so thanks for being there for us!
Bluedog - I won't get into WHY a guy who's taken over $250M in contributions from oil companies won't release the SPR and knock of $7.3Bn in annual revenues for each dollar a barrel oil goes down (think about how cheap that ratio makes it for oil companies to buy politicians, pay off Nigerian warlords etc) because Yape will call me a dope or Michael Moore and hurt my feelings...
November Market Analysis - What a Month! [View article]
Try googling "the cramer effect," there's a lot written on it and a few weeks ago I actually found a college statistics paper studying his effect on stocks (not favorable, it backed up my trap premise).
Whether he does it on purpose or if he is just irresponsible, clearly his guiding sheep to the slaughter on momentum stocks that are 2/3 or more up a cycle is very damaging to the casual investor following his picks. When I do a show, I have already decided that I will call bottoms on stocks (like SBUX, WM and CC recently) and tell people how to pick them up as good long-term investments.
I don't need to post spectacular gains on a TV show as the investing style is inappropriate for 90% of the audience, I'd rather have a show where, a year later, the picks average 18% and you didn't have to be a timing genius to get in on the trade.
Even on my member site we have long and short-term portfolios as not everyone wants to be a gunslinger and getting reasonable returns from fairly safe plays is very appealing to the majority.
TGIF: Closing A 12% Down Quarter [View article]
We teach many kinds of leveraged trading strategies at PSW and we also have our own reps at several of the major brokers who take very good care of our Members.
We flipped bullish this morning (see morning post - free on our site) and killed those bearish trades and picked up some levered action going the other way. It was a nail-biter until the close but then it worked out just fine.
TGIF: Closing A 12% Down Quarter [View article]
TGIF: Closing A 12% Down Quarter [View article]
Options Trader: Friday Outlook [View article]
Options Trader: Tuesday Outlook [View article]
SC Boeing: www.bloomberg.com/apps...
I would understand the lack of action by the government if the situation was insoluble, but it isn't. It just takes firm action and some vision. Unfortunately, those are things we are very short of in our government.
Options Trader: Wednesday Outlook [View article]
Just this Monday, right here in SA, I said buy PTR (up 13%), FTO (down 5%) and COP (even) as hedges against our puts on SU (down 4%), USO (up .5%) and XOM (flat) so I can only assume you don't actually read the posts, just spout off against anyone who challenges your world-view.
Of course at $120 we went all short and you can tell me how smart you are in June if oil holds up here but I say it's unsustainable and that's where we're placing our bets but we need people like you or we couldn't possibly find people willing to bet oil goes higher from here so thanks for being there for us!
Bluedog - I won't get into WHY a guy who's taken over $250M in contributions from oil companies won't release the SPR and knock of $7.3Bn in annual revenues for each dollar a barrel oil goes down (think about how cheap that ratio makes it for oil companies to buy politicians, pay off Nigerian warlords etc) because Yape will call me a dope or Michael Moore and hurt my feelings...
November Market Analysis - What a Month! [View article]
Whether he does it on purpose or if he is just irresponsible, clearly his guiding sheep to the slaughter on momentum stocks that are 2/3 or more up a cycle is very damaging to the casual investor following his picks. When I do a show, I have already decided that I will call bottoms on stocks (like SBUX, WM and CC recently) and tell people how to pick them up as good long-term investments.
I don't need to post spectacular gains on a TV show as the investing style is inappropriate for 90% of the audience, I'd rather have a show where, a year later, the picks average 18% and you didn't have to be a timing genius to get in on the trade.
Even on my member site we have long and short-term portfolios as not everyone wants to be a gunslinger and getting reasonable returns from fairly safe plays is very appealing to the majority.