Month: January 2017

Monday morning was not a good start to the week. The market was down and my 2 holdings were also down. I’m holding 10,000 shares of U.S. Steel which I carried over from 2016 and I also have 3000 shares of Micron which I bought on 1/4/17. Since the beginning of the year I’ve been […]

Many of the Executive Orders the new President trump is signing can greatly affect the markets. With this in mind I added a new term into my section “Term of the Day.” The term is NAFTA. President Trump signed an Executive Order ending the North American Free Trade Agreement which will greatly change the trading […]

In my last post which was reporting my Calls I sold on U.S. Steel, I mentioned I placed an order to sell Calls on Micron (MU). I was executed on those Calls. I own 3000 shares of Micron which I bought at $22.45 on January 4th. The stock has been hanging around the $22 area […]

Good morning “Main Street beats Wall Street” readers. Yesterday wasn’t the best day for the market or my holdings, U.S. Steel (X)l and Micron (MU). The market is a little different this morning, more specifically for X & MU. As I write X is up $1.85 and MU up $1. In my last post I […]

Today is Saturday, January 21st, 2017. Donald Trump’s second day (1st full day) as president of the United States. I did not believe in, or agree with 90% of President Obama’s policies. I do believe in most of now President Trump’s police’s and agenda. However, I was never a fan of candidate Trump’s personality or […]

U.S. Steel (X) has been moving down the last week which had and has me concerned. I’m in my 10,000 shares at $35.73. The stock has been down below $32 in the last day. Good reason for concern! I was starting to think I wasn’t going to get a Call sold this week because the […]

Today is MLK day. The end of a 3 day weekend. I had an extremely busy weekend and I am just sitting down now to write my week ending report which ended on Friday. I had a very nice week! I didn’t have many trades which is part of my strategy for the new year. […]

As Main Street beats Wall Street readers know I own 10,000 shares of U.S. Steel (X). U.S. Steel and all the steel stocks have been some of the most volatile stocks since Trump won the election. Trump’s promise of investing a trillion dollars into the country’s infrastructure has the steel sector’s, along with construction equipment […]

This is turning out to be a pretty busy morning. I already made a trade involving Micron options. While I was writing, reporting that trade to you, I also had a trade order in for U.S. Steel (X). And, while I was writing on Micron the U.S. Steel trade was executed. I previously owned 10,000 […]

I’m at my desk and getting the trading week started early. Last week I bought 3000 shares of Micron (MU) and sold a 30 contract Call against them. That Call brought in a premium of $1050. On Expiration Day MU closed below my Strike Price. The result of that trade, I keep the premium and […]