Philip Davis
Philip Davis
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Philip Davis
Stop FollowingPhilip Davis
Options Trader: Thursday Outlook [View article]
I did pick an option on this post, it was JOSB May $22.50s which opened the day at $2.40 and finished the day at $4.50 (we also sold covers and rolled them during the day on the member site). If you read what I was saying, I came to the conclusion that JOSB would beat earnings DESPITE the poor retail report because of the poor economy driving men to buy suits to look for jobs.
This is how fundamental traders pick stocks, by studying the market and the news that affects the market. I'm sorry that bothers some of you but it's our system and it works for us.