Month: January 2016

I would like to thank everyone who wrote comments or sent me an email. I love hearing from readers! Grasshopper, no question is a bad question. I better watch what I wish for; we did just get started but as “Main Street beats Wall Street” gets bigger I could get overwhelmed. I look forward to […]

The market is up over 390 points today. Is it the continuation of the rollercoaster or are good things happening? The word on Wall Street is Japan’s interest rate policy change is responsible. Today Japan changed to a negative interest rate. How is this a good thing? I am NOT joining Wall Street and drinking […]

FANG – Facebook, Amazon, Netflix & Google. It’s been a very tough beginning to a new year. Not only with FANG but the entire market. Earlier this week Netflix came out with good earnings. Yesterday, after the close, Facebook became the new superstar stock with unprecedented earnings. Just now after the close Amazon missed earnings […]

While this rollercoaster of a market continues down the same track the professionals are coming up with more and more reasons why. Read some reports. Listen to CNBC and Bloomberg. You will hear it all. The Fed’s expectations, Oil, China, possible recession, slowing economy, Junk Bond interest rates, EFT’s market manipulation, unemployment, the weather, the […]

I like to post the weekly results on Saturday but this has been a busy weekend. We had a record breaking snow storm here in NYC plus the NFL Playoffs on TV. I got all my shoveling done and the New England/Denver game just ended. Tough game for Brady. It looked like his entire offensive […]

Hi All, It’s been a few days since my last post! This has not been a good time for the market. I believe this is the worst start to a year in the history of the market. Having said that, this is not the reason why I haven’t made a trade in a few days. […]

Hi All, I’m sorry about such a quick post a few minutes ago. I was trying to type with my one finger as fast as I could. And I must say, that one finger was shaking. I realize I spelled a few words wrong but I was going fast and not thinking clearly. I wanted […]

  Right at the close I sold 10 Contracts of NFLX $125 Naked Calls to expire next Friday. I received the premium of $2.20 for a total of $2200. The market is about to close and NFLX earnings are due out in a few minutes. I give this trade a Risk Factor of 3.here’s the […]

Hi All, Let’s get this trading week started. Right now it looks like the 3 day weekend did the market some good or it’s just the “rollercoaster” market continuing down the same track. Let’s hope the little bit of good news out of China and Oil up a smidgin is a sign of a few […]

The Wall Street bloodbath continues! This is the worst start to a new year in a long, long time. Just yesterday toward the close the market was down as much as 500 points. After the last 2 week, this is crazy! This was probably not the best time to start a new blog. But if […]