RandomWalk Trading
Friday December27, 2013
Random Walk hopes everyone had a warm, fun, relaxing and safe Christmas.
Greenspan has 3 business days left in office. 🙁
admin@RandomWalkTrading.com
1–(855)–RWT-0008
Good Morning!
Another record day for the Dow. Just a typical Christmas rally.
The Dow closed up 122.33 at 16,479.88
AAPL closed down 3.77 at 563.90.
The VIX was down 0.15 at 12.33
The volatility had been really beaten down hard, and traded as low as 11.69%. POT people…. we entered an order to get long the VIX on a GTC order but were not filled. Then the VIX bounced.
The ETF closed down 0.39 at 102.10.
GLD = 116.74 up 0.64
SLV = 19.02 up 0.26
TSLA closed up 4.09 at 155.50
Another bullish day in the stock as market and TSLA.
HALO
The stock closed up 0.13 at 15.70
POT people….we changed our order to sell the Jan 17-18 call spread at $0.25. When the stock bounced to 16.36 we were filled, and then the stock fell back down to 15.70. The net position is on for a $0.10 debit, but looks as follows on 30 contracts.
Yesterday
WOW…. that is all I can say about yesterday. We had modest news before the open, and the Dow ran up about 45 points based on it. I thought the day was going to be over and we would approach 16,500 today or next week. I was wrong. The Dow closed at 16,479, only about 20 points away. I thought this was pie-in-the-sky when I said this would happen back in September (Dow 14800 at the time). I got a lot of grief and “What are you crazy” emails. Okay, better lucky than smart.
Today
Who knows. It is the end of the year and we tend to close on the highs for the year. Yet there also seems to be one down day in the process, one that scares people out of the bull. We have not had that and things have been crazy bullish. Today was out of control bullish for no reason. SO I wouldn’t be surprised if we pulled back a little today and then close Dec 31 on the highs.
PLEA
Please tell someone you know that they do not have to be a victim in the government created stock market bubble. I don’t care where they learn to hedge from. Send them somewhere else if you like. Buy them our BASICS book for Christmas. Buy them someone else book But help a friend out.
Last week’s POT session we voted on a couple of items.
POT Mini-Class
on Legging into expiration synthetics and butterflies is going to be held February 20 – 21.
POT Schedule (Next classes)
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Catastrophe Planning & When Things Go Wrong
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Legging Into Put Protection Butterflies
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Scott Lights It Up
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Advanced Currencies.
Contract the office at 1- 855 – RWT – 0008 for more details.
January Calendar
Too True To Be Funny
(Never a joke, but always funny)
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 DailyPlanet newspaper.
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