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VZ looks like it has

Posted by jroger on 23rd of Sep 2022 at 10:26 am

VZ looks like it has slipped below a resistance zone. Could be worth watching on its own or as part of XLC.

GDX:GLD ratio not behaving well as a signal but RSI seems very divergent.

Looking for when to buy

Posted by jroger on 23rd of Sep 2022 at 09:55 am

Looking for when to buy gold as a bet on USD peak????

I have had a personal

SPX 15 Updated View

Posted by jroger on 20th of Sep 2022 at 07:11 pm

I have had a personal mantra for some time, which seems to be true, goes "Things that don't go up, go down". Such as your "flat".

I just entered a small

Posted by jroger on 7th of Jul 2022 at 03:21 pm

I just entered a small short on GLD and Long on SLV to experiemnt playing the gold/silver ratio.  Any thoughts on the current state of the ratio and current events?

Been busy relocating to Florida

Posted by jroger on 28th of Apr 2021 at 01:35 pm

Been busy relocating to Florida with, it seems, all the rest of humanity and not logging in to BPT. Hysterical crazy real estate market here.

Matt/James, Love the newsletter trades summaries under "Newsletter".  I would like it even more if you would include the names/description of the item as I do not recognize all the symbols and it would be easier to review and choose items to explore in case I do not remember them from the newsletter. Thanks.

Is there a Tradestation version somewhere?


Pardon me for being out

Cycle indicator observation

Posted by jroger on 4th of Feb 2021 at 07:35 pm

Pardon me for being out of touch but where does the cycle indicator come from?

Try the $SPX:$VIX for buy

VOMMA index thanks timebandit

Posted by jroger on 4th of Feb 2021 at 03:43 pm

Try the $SPX:$VIX for buy signals.

Ugly!

Posted by jroger on 4th of Feb 2021 at 12:39 pm

Ugly!

Here is the GDXJ version.

Posted by jroger on 15th of Jan 2021 at 04:10 pm

Here is the GDXJ version.

Another example of how I

Posted by jroger on 15th of Jan 2021 at 03:58 pm

Another example of how I am investing in metals with covered calls.  You can see how the clalls reduce loss as the underlying security declines.  Now, one could say that I could just follow Matt na Steve and sell at the top and buy at the bottom, good point.  I have never been able to devote enough attention to successfully do that. Every time I have sold metals I have either sold too soon or failed to buy in again before the price exceeds where I sold.

So, Options.  My example still shows a profit due to a combination of laddered buying and writing calls at a bit higher price.  It is a balance of expectation of price increase and income for sufficient protection to the down side to make holding the stock attractive.  Lots of judgement calls here which is the challenge. 

In my example, what you don't see are the previous months buy/writes I profited from and which help make the strategy attractive.  Now, could the price of GLD decline enough to make me wince, sure. But that can easly happen and be even worse by just holding stock and not being a trading wizard.

Next, now that some of my positions are expireing, I have been and will be writing calls to replace them. With the price low here, I tend to increase the ratio of stock to calls so I don't lock in losses for stock which is under water but still have some income to protect from more downside. As I say, more judgement and often there is no right and wrong answer except in the rear view mirror.

Good Luck

Went to look at some

AMZN taking off

Posted by jroger on 8th of Dec 2020 at 03:49 pm

Went to look at some apartments and both had a large bank of "Prime" delivery units in the entranceway.  I suspect Amazon is here to stay.

GBTC - Got lucky and

Posted by jroger on 8th of Dec 2020 at 03:46 pm

GBTC - Got lucky and sold both recent tops. Now... when to get back in???

There is a storm coming

Posted by jroger on 6th of Dec 2020 at 10:43 am

There is a storm coming and it is called "ISRIB".  If as hoped, it could be huge. No idea of the timing at this point but Google it.

Haven't looked at this chart

Posted by jroger on 3rd of Dec 2020 at 08:10 pm

Haven't looked at this chart in many moons... big mistake.

Looks like the international flow

UUP View Updated

Posted by jroger on 3rd of Dec 2020 at 08:02 pm

Looks like the international flow into the dollar might be slowing, not good if that is the case. It is what props us up. Like hang gliding in a thermal, when it quits gravity takes over.

Clearly!

Indicator - what period are

New indicator and other comments

Posted by jroger on 30th of Nov 2020 at 10:20 am

Indicator - what period are you using for the BPT MA?

A lot of those little

SPX 5 min

Posted by jroger on 23rd of Nov 2020 at 03:53 pm

A lot of those little double bump RSI tops seem to be good signals.

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