Trading With An Edge

Archive for July, 2008

July 31, 2008

Market Review and Commentary for July 31, 2008
DISCLAIMER: These are trades I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation of any security.
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Pretty boring compared to yesterday. ADBE went sideways but sold off a bit at the close [...]

July 30, 2008

Market Review and Commentary for July 30, 2008
DISCLAIMER: These are trades I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation of any security.
—————————————————————–
A profit of approx $2,440 today on AVP plus the profit of $250 from yesterday put [...]

June 29, 2008

Market Review and Commentary for July 29, 2008
DISCLAIMER: These are trades I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation of any security.
—————————————————————–
A profit of $250 today on AVP and I entered a new gamma scalping position in [...]

July 28, 2008

Market Review and Commentary for July 28, 2008
DISCLAIMER: These are trades I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation of any security.
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I entered my ‘gamma scalping’ trade in NFLX and discovered that we couldn’t borrow shares to [...]

July 24, 2008

Market Review and Commentary for July 24, 2008
DISCLAIMER: This is a trade I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation.
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Monthly Income Trade Update:
I placing a trade for my account today using the Monthly Income strategy:
Selling -3 SPY [...]

July 23, 2008

DISCLAIMER: This is a trade I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation.
—————————————————–
Market Review and Commentary for July 23, 2008
I placed this trade for my account today under our Monthly Income strategy:
Selling -3 SPY Aug 131 [...]

July 22, 2008

Market Review and Commentary for July 22th, 2008
The general market looks like it could be in a trading range for a while so it may be a good opportunity to start our monthly trades again.
Tomorrow I will start with probably an Iron Condor on the SPY and another ETF/index. Watch an email from me tomorrow [...]

July 21, 2008

Market Review and Commentary for July 21th, 2008
A combination Weekend Review and Daily Review for today is in the video below.
Today the market trended sideways but the big news this week are the earnings announcements.
AAPL (Apple) earnings were good but was a big disappointment to investors. Apple shares were down about $15 after the market [...]

July 17, 2008

Market Review and Commentary for July 17th, 2008
UP AGAIN! +207 on the DOW. My portfolio was up another $1,200!
The VIX though has me worried – it should have been way down today. Instead it just barely moved. That is NOT a good sign.
As a result I closed my XLF trade and SBUX. Both were up [...]

July 16, 2008

Market Review and Commentary for July 16th, 2008
We were up FINALLY! +276 on the DOW. The VIX got killed… it’s way down which is a positive for the market going forward…
The good news is we might be able to begin our monthly trades… my net portfolio is still down, but my profit for the day [...]