Testy Tuesday – 1,920 or Bust!
by phil - June 3rd, 2014 8:25 am
That's 2 closes over 1,920.
It's almost enough to make us regret cashing out our Long-Term Portfolio last week. We didn't expect to call a perfect top, when you have a large portfolio it can take days to unwind your positions and, despite the very low volume – we'd like to thank all the retail bagholders who bought our shares at top dollar in the last few days.
Thanks Dave and Bill and Jack and Joe and – well, that's about it as volume is so low, there can't be more then 3 or 4 guys trading in this market!
Last June started off with low volume too – as well as record highs – and then we dropped 5% into July. We're simply taking our 119% cash and waiting for the dip – is that so bad?
Yesterday was only the 3rd lowest volume day of the year and the action was wonderfully fake around a PMI report that was released, revised and then revised again – all in the same morning!
In the end, they decided on 56.4, which was in-line with consensus but not before giving us a glimpse on how quickly this market can fail on bad news.
In our Live Member Chat Room, we took full advantage of the over-reaction on the bad news to go against the panicking sheeple and buy TNA (3x bullish ETF on the Russell) in a 9:57 Alert I sent out to our Members.
That trade was so obvious I tweeted it out as well (you can follow me here) saying:
Those calls came in cheaper (because our timing was perfect) at $1.50-$1.40 and they topped out at $1.70 and finished the day at $1.61 but should be cheap again this morning, which is why I'm mentioning them now as they make an excellent upside hedge – in case the market does better than we think.
Since we sidelined $598,000 last week ($98,000 in profits in less than 6 months), we decided to spend $3,000 on 20 of the above contracts – that way…
Too High Tuesday? 10 Bullish Trade Ideas that Made Over 1,200%
by phil - May 13th, 2014 9:27 am
This is ridiculous.
As noted on Dave Fry's chart, the S&P made a new record high with narrow participation and essentially all of the gains were one big move in the Futures to reprice the index. I said yesterday we have been getting 50% of the day's volumes in the close and yesterday was no different and that closing volume is all dumping into the ETF, IRA and 401K suckers that are forced to buy.
We took a couple of big bats against the Dow's move up yesterday, adding a DIA put at $166.80 (see yesterday's Member Chat for details) as well as going long on DXD at $26.20 – both with leveraged options plays, of course.
We still have plenty of bullish trades to protect but, when we bein to cash out our winners and start buying short plays on the index – you can tell the winds are changing. Our 500% trade on DDM from Thanksgiving was scheduled to top out in April anyway – and we sold in May to go away.
That trade was one of our "10 Trade Ideas That Can Make (and some have already made) 500% in a Rising Market" and I had just as much trouble convincing people to go long in November as I'm having convincing people it's time to cash out in May.
Not all the trades are done, but a quick summary of those positions is:
- ABX 2015 $13/18 bull call spread at $2.80, selling 2015 $15 puts for $2.05 for net .75, now $2.35 – up 213%
- 8 QQQ Jan 2014 $75/80 bull call spreads for $3 ($2,400), selling 1 ISRG 2015 $300 put for $23.50 ($2,350) for net $50, now net $2,600 - up 5,100%
See Live Demo Of This Google-Like Trade Algorithm
by Promotions - March 24th, 2014 4:55 pm
I just wanted to be sure you saw this. There’s a ‘live’ training webinar this Thursday, March 27th at Noon or 9:00 pm ET.
If GOOGLE, the NSA, and Steve Jobs all got together in a room with the task of building a tremendously accurate trading algorithm… it wouldn’t just be any ordinary system… it’d be the greatest trading algorithm in the world.
Well, I hate to break it to you though… they never got around to building it, but my friends at Market Tamer did.
Follow this link to register for their training webinar where they’ll demonstrate the tested and proven Algorithm powered by the same technological principles that have made GOOGLE the #1 search engine on the planet!
And get this…had you done nothing but traded a handful of conservative alerts since its inception, you would have experienced portfolio gains exceeding 200%!
Plus, when you register for the webinar you’ll get instant access to the following expectancy trading videos:
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Instant access to FOUR Quick-Start Expectancy Trading Videos that will show you the exact process other traders are following each day they trade to achieve consistent profitability and abnormally long winning streaks.
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Follow this link to register for their training webinar
Sincerely,
Phil
PhilStockWorld.com
P.S. – You can watch the video that explains this unique algorithm and learn about our upcoming training event by following this link.
“Be The House, NOT THE Gambler!” Webinar – Encore Presentation
by Promotions - November 21st, 2013 5:34 pm
Traders and Investors,
Did you miss today’s training webinar with Phil Davis –“Be the House, NOT THE Gambler?”
If you did, don’t worry – because you now have a SECOND CHANCE.
For today only, you have the opportunity to watch an encore presentation.
Follow this link to watch the presentation now
During this training presentation, you're going to discover:
- Why Phil’s way of trading and investing sets you up for long-term wealth potential and presents clear opportunities for short-term cash flow potential.
- Why you need to approach your stock selection as if you were preparing to buy the company, and the exact process you need to follow to achieve the desired effect of profit.
- Century-old investing secrets his grandfather taught him that have stood the test of time and will potentially bring you profits today and tomorrow.
- Three ways to buy ANY stock for a discount, and how to turn that stock into a dividend payer.
- And more!
Follow this link to watch the presentation now
See you there!
The PhilStockWorld.com Team
www.philstockworld.com
REMINDER: Do NOT forget your pen & notepad!
The strategies you’ll discover in this presentation will show you how to combine the GREATEST Fundamental Investing Techniques with the Most Effective Options Tactics to potentially grow and hedge your portfolio EXPONENTIALLY!
Follow this link to watch the presentation now