Tuesday
July 14, 2015
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC. (and Scott)
Great Morning!
Closing Prices From Yesterday
Confused? Don’t know if you are protected in a crash?
Call the office for assistance!
Today’s Number(s)
Yesterday and Today
Yesterday
The markets were elated by news on Sunday that Greece’s parliament was supporting Tsipras’ decision to accept the EU terms for a new loan. And why wouldn’t they support the new loan, they never pay the principle back anyway. They could agree to 5000% interest, once the money comes they forget who sent it.
In addition China was up a 3rd day in a row, which their falling market was probably more of a negative for our markets than Greece.
So between the two (Greece’s deal an China’s market bounce) our markets could not help but feel elated and run up 19 ā 21 points immediately. An analyst’s upgrade to AAPL and stable bond market led to the last 5 points in the E-minis rise.
TODAY
I expect the markets to calm down again now that they are at their favorite spot for 2015, Dow 18,000, SPX 2,100 and NSADAQ 5,000.
OPTION TRADERS
Volatility was hammered tooooo hard over the last two days, but then again at 20% it was way too high. The VIX closed at 13.90% despite nothing in Greece being totally resolved and China is still not out of the woods. I would only buy it at these levels if we continue with a 150+ daily moves, and then I would gamma scalp it.
his is going to be one of the busiest POT classes of the year. We are at record profits. We are going to discus the rolling of short Iron Condors. Etc.
Reminder ā If you are not part of POT but want to participate in a single class, let the office know and they will work something out.
POT is held each Wednesday night at 7:00pm eastern.
Too True To Be Funny
Who knew that when he came up with his stage name it was foreshadowing?
He also had an album āGet Rich or Die Tryinā
He takes risk in business, which is fine, but his debts are consumer based ā not business. That is the problem.
He was named in FORBES as āOne of Hip Hops Wealthiest Artists for 2015ā.
Has it been a half year already? He did buy his home from Mike Tyson, so that house may have been cursed.
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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 doesnāt 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 doesnāt 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). āThank yousā are only handed out in countries where legal and void where prohibited. If your country does not allow āthank yousā please refrain from accepting it. This disclaimer is copyright material and not a joke.
