1-855-RWT-0008
Prepared by the good people at Random Walk, LLC. (and Scott)
ISIS, EBOLA, OCTOBER FEARS, AND ELECTIONS
Great Morning
Closing Prices From Yesterday
Earnings Today
Below is a list of some of the bigger earnings announcements today
Don’t Worry – The Bull is Most Likely Just Taking a Nap.
Weeding out people before huge profits are made is what the market does best.
Today’s Number(s)
Yesterday
The Dow closed up 19 points despite IBM falling 12.95 on a bad earnings miss. IBM being down 12.95 is equivalent to 91 Dow points, so the market would have been up a lot more had IBM been unchanged. This is proven in the SPX which was up 17.25 to close RIGHT AT the 1904 number I spoke of yesterday in the morning update.
After the close AAPL came out with record iPhone sales and the stock was up $1. Keep in mind that the stock was up $2.09 going into earnings so the real move was about $3. We will see how it really opens today.
TODAY
This is an important day with the SPX closing exactly at the old 200 day moving average we went through on the big drop. To me this feels like a see-saw and the market could go in either direction for a while. We have to see how the market opens in the morning.
China’s economic numbers came out at 10:00pm eastern and apparently they were not great as the E-minis began to sell off and at down 6.50 at 12:30pm with the Dow futures down 56. We shall see.
POT is held each Wednesday night at 7:00pm eastern.
Contact the office at 1- 855 – RWT – 0008 for more details.
Check Email For POT update.
Sold a little more premium. All is well. Rolling our short call spreads up assisted our deltas in getting a little longer, and now we have a very small short delta – which is perfect.
Too True To Be Funny
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Attorney Stuff
DISCLAIMER (Seriously!)
Trading is almost as much fun as black jack in Vegas, but without all the annoying distractions of free drinks, Broadway shows, gorgeous people with low morals, and free buffets. It also has about the same odds of success, so when you lose all your money you wont have to walk past a smiling pit boss. Even Bruce Wayne lost everything with options in The Dark Knight Rises, and Superman keeps his day job at the Daily Planet newspaper.
We have the utmost respect for our attorneys who tell us any attempt to trade is throwing money out the window, and investing is risky business (still a great movie). Past performance doesn’t mean a thing. The future is even scarier. Random Walk and everyone associated with it promises absolutely nothing. We guarantee nothing. We wont ever do anything right unless it is an accident.
Random Walk only provides education (and a great cup of Starbucks if you visit our office). If you want advice please consult an attorney, licensed broker, Joe Kearnan, tax consultant, investment adviser, etc. Random Walk, LLC is full of morons, dolts, has-been(s), chromosome damaged individuals, thieves, losers, and carnival barkers. Any attempt to find a semblance of intelligence or integrity in Random Walk would be a waste of time. We will sell products, but advise against buying them. We Do Not Give Advice.
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Our products are written ONLY by floor traders, fund managers and retired floor traders. But that really doesn’t mean much. They are expensive and unique. That does NOT mean they (materials) come on a tablet of concrete from Mt. Sinai. . If you are still reading this, you will likely be the first to have gotten this far. No guarantee for accuracy is made. Nothing we do is audited and we make no promise of accuracy.
Because of the proprietary nature of our materials and the ease of electronic copying, all sales are final. There are far too many people who have no problem stealing our materials and putting them on torrents or copying them. These are the same low-life, selfish, whining, half-wit hypocrites that would cry like a newborn with a wet diaper if someone stole their car radio. They have to pay for our materials before stealing them, and live with their karma (and our legal team). Yes, we have caught a few and now have one person working on detective work solely.
Sales are far from our largest concern. If you are a whiner, complainer, or generally unhappy with life please go to someone else in this industry who values money over happiness. We can point you in the direction of other firms that only care about the bottom and top line. Jerry Springer can also point you in the right direction. Besides whiners are a total distraction from the awesome group of students we are fortunate to have. We are truly blessed and thank them (provided that is fine with our lawyers). “Thank yous” are only handed out in countries where legal and void where prohibited. If your country does not allow “thank yous” please refrain from accepting it. This disclaimer is copyright material and not a joke.
