1. Try clicking on the name of the most recent article in the column on the right. This will remove the "Archives" list.
2. Try right click on the chart itself and open it on a separate window.
I am sorry that I cannot always make the chart small enough to fit neatly on the left column. I want you to be able to see the details I want to point out.
I Hope this helps,
Juan
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MSO was in the list of big movers 2 days ago, although it does not fit my required minimum average volume of 1M. I will make an exception here because I believe that MSO is well knowns and it is probably going to be affected strongly by any news.
Separate from Martha Stewart's famous or infamous conviction and consequences is her following. Her "good taste" is almost a cult, and she is planning to extend it to the real estate field: Martha Stewart Living also said that it has expanded its deal with KB Home to build more homes around the U.S. The company also will design a line of interior and exterior home merchandise that it will call Martha's Choices
This is a good fundamental reason to get in with a trade, but the RET analysis is very positive too.
I just opened a $9500 account with TradeKing and I will enter Bull Call Spreads that are several months out. I am selecting stocks that trigger my system but also that have good RET prospects. Here is my first trade, already entered on the 22nd:
3 comments:
Dear Juan,
The LRCX PCCRC trade is slowly going against us at the moment. However, the trade is losing money slowly and not in a fast way and could still work out nicely. As you have said previously, we just wait until the next rollover until we decide to exit the trade completely.
It is usually a little stressful to deal with a new trading strategy and see things not working for you. However, in LRCX's case, I would not be worried. The stock has declined without a volatility spike, which is the worse case scenario. Theta is working to keep the losses limited. Since Vega is low, my expectation is that the stock will bounce back. The oscillators indicate that this will be the case.
You are right in saying that we need to wait until one week before expiration to decide if we are staying with the trade or not.
Trust me on this one, the trade is working the way it should. At the very least, theta is eroding the shorts.
Juan,
RE: "It is usually a little stressful to deal with a new trading strategy and see things not working for you."
I know what you are saying, but it is because the loses have been minimised by the whole trading position, I am far more relaxed about it than the CRC and PRC trading. **Smiles**
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