Monday
August 3, 2015
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC. (and Scott)
Great Morning!
Closing Prices From Yesterday
Confused? Don’t know if you are protected in a crash?
Call the office for assistance!
Today’s Number(s)
Yesterday and Today
Yesterday
Friday was just another mess for the markets. The market was wanting to climb higher, but it couldn’t given the events and economic numbers of the day. So the market slowly sold off all day at a water torture rate. The whole year can be viewed by looking at Friday’s markets and just multiplying it by 120 trading days.
Bonds/TLT were up on the economic numbers and short squeeze. Yes, the Fed is going to raise interest rates which means that bonds should go down. But the Fed has been hinting at it for so long that everyone has a position that would benefit from it, so it can’t happen until the masses get out of the way. It is feeling like that will happen soon.
AAPL fell again along with BABA. Both of these are in a very negative emotional state with traders. AAPL has traders concerned about a stupid iWatch which could be a total flop and not change the fact that it is still the best company around ā just a company with one bad product. BABA is being dragged down by China’s financial mess.
Oil also had a little play in scaring the markets down as it sank 1.75 to 46.77.
TODAY
We will probably be up a little on the open ā at least to offset Friday’s pullback. But we are being held hostage to China, Puerto Rico, etc. This is an impossible prediction to make given how global markets are disrupting our markets out of nowhere.
OPTION TRADERS
The VIX is at 12%, and that is probably a decent number given the ranges we have had last week. The problem is that when this market finally breaks out of the range short premium sellers are going to probably be hurt. There is just not enough premium for the risk potential out there.
POT is held each Wednesday night at 7:00pm eastern.
Contract the office at 1- 855 ā RWT ā 0008 for more details.
Too True To Be Funny
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Attorney Stuff
DISCLAIMER (Seriously!)
Trading is almost as much fun as black jack in Vegas, but without all the annoying distractions of free drinks, Broadway shows, gorgeous people with low morals, and free buffets. It also has about the same odds of success, so when you lose all your money you wont have to walk past a smiling pit boss. Even Bruce Wayne lost everything with options in The Dark Knight Rises, and Superman keeps his day job at the Daily Planet newspaper.
We have the utmost respect for our attorneys who tell us any attempt to trade is throwing money out the window, and investing is risky business (still a great movie). Past performance doesnāt mean a thing. The future is even scarier. Random Walk and everyone associated with it promises absolutely nothing. We guarantee nothing. We wont ever do anything right unless it is an accident.
Random Walk only provides education (and a great cup of Starbucks if you visit our office). If you want advice please consult an attorney, licensed broker, Joe Kearnan, tax consultant, investment adviser, etc. Random Walk, LLC is full of morons, dolts, has-been(s), chromosome damaged individuals, thieves, losers, and carnival barkers. Any attempt to find a semblance of intelligence or integrity in Random Walk would be a waste of time. We will sell products, but advise against buying them. We Do Not Give Advice.
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Our products are written ONLY by floor traders, fund managers and retired floor traders. But that really doesnāt mean much. They are expensive and unique. That does NOT mean they (materials) come on a tablet of concrete from Mt. Sinai. . If you are still reading this, you will likely be the first to have gotten this far. No guarantee for accuracy is made. Nothing we do is audited and we make no promise of accuracy.
Because of the proprietary nature of our materials and the ease of electronic copying, all sales are final. There are far too many people who have no problem stealing our materials and putting them on torrents or copying them. These are the same low-life, selfish, whining, half-wit hypocrites that would cry like a newborn with a wet diaper if someone stole their car radio. They have to pay for our materials before stealing them, and live with their karma (and our legal team). Yes, we have caught a few and now have one person working on detective work solely.
Sales are far from our largest concern. If you are a whiner, complainer, or generally unhappy with life please go to someone else in this industry who values money over happiness. We can point you in the direction of other firms that only care about the bottom and top line. Jerry Springer can also point you in the right direction. Besides whiners are a total distraction from the awesome group of students we are fortunate to have. We are truly blessed and thank them (provided that is fine with our lawyers). āThank yousā are only handed out in countries where legal and void where prohibited. If your country does not allow āthank yousā please refrain from accepting it. This disclaimer is copyright material and not a joke.
