#263: Tue 3/20/2018 10:06 PM EDT
February/Mid March Update
February was a good month for our recommendations. March is starting off strong as well. We closed out two trades in February and just closed one in March. The February trades made 9.73% and 40.97%. The March trade made 22.22%. If you allocate to our three unit approach, we are up 35.47% which beats the returns on the S&P 500 that is up 1.61% through today. Cumulative returns are now 106.42%.
#390: Tue 3/20/2018 3:43 PM EDT
Lock In Gains On SPY Calls
We are going to lock in the gains on the S&P 500 via SPY. We bought calls on the S&P 500 ETF (SPY) yesterday using the April $273.50 Call that was trading at $2.70. SPY was at $269.31 and is now at $271.00. The call is at $3.30 for a gain of $0.60 or 22.22%.
#389: Mon 3/19/2018 1:24 PM EDT
We are going to play the S&P 500 ETF (SPY) via the April ...
#765: Sun 11/27/2016 9:55 PM EST
Index ETF Options Activity
Each day we look for unusual options activity. If there is none, then this column will not appear. We note one major Index Equity ETF saw unusual call action.
#492: Tue 3/20/2018 9:43 PM EDT
The Week Ahead
Monday sees G-20 finance ministers meet in Argentina through Tuesday. Tuesday sees the FOMC begin a two day meeting. Wednesday sees the FOMC conclude its meeting with a press conference. Thursday sees the BOE out with its latest announcement. Friday sees whether Washington can put together another spending bill.