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Tuesday, September 27, 2016

The Joy

I was talking to somebody the other day when suddenly the topic of "how long will I be doing this" popped up. I hadn't thought too much about it, but, he was right. How much longer will I be writing on this site? How much longer will I be under the self-imposed commitment of showing all my positions; writing up weekend analysis; participating in the comments sections; actively replying to every single email received in private from readers of the site, etc?

Saturday, September 24, 2016

Weekend Portfolio Analysis (September 24, 2016)

To my long term investments, the mantra is "why isn't every day 'Fed day'?". For the 43248th time, stocks rally on Fed day. So, yeah, markets are perfectly random (mischievous face). The markets closed the week up 5.91% for the year and we are almost done with the two worst historical months now (Aug, Sep).

Friday, September 23, 2016

November RUT Unbalanced Iron Condor

Wednesday, September 21, 2016

Warned

I vividly remember this same time four years ago. Romney was seen as the guy that would benefit the markets. The Pro-business candidate, willing to let capitalism work; willing to lower corporate taxes; resolute to nuke 'Obamacare' as a terrible policy that would only hurt small businesses. Obama was seen as, well, more of the same, but not really as business-friendly as the other candidate. Certainly not the "markets' candidate of choice".

And what happened?

Saturday, September 17, 2016

Weekend Portfolio Analysis (September 17, 2016)

SPX from 2120.86 to 2139.16 for a +0.86% week. The index is now up 4.66% year to date.

I must say this was an interesting week, and here's why:

Tuesday, September 13, 2016

The Lie

For investors, there is no doubt that putting money in several business, as opposed to just one, reduces risk. It "diversifies" you. And, while we're at it....let's just buy an index, guaranteeing total diversification and risk reduction instantly, as suggested by our friends Jack Bogle and Warren Buffet. 

Saturday, September 10, 2016

Weekend Portfolio Analysis (September 10, 2016)

Stairs up and elevator down. We can sum it up that way. Up slow, down fast. Like an old man's...ehem,..."stamina". Friday's price action ended exactly at the low of the day, and it was a huge bar. Lower prices will come. But before we get to excited, remember that recoveries have been vicious, violent V shapes in the last, well, two or three years. So, careful selling Calls too aggressively.