Wednesday
August 5, 2015
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC. (and Scott)
Great Morning!
Closing Prices From Yesterday
Call the office for assistance!
Today’s Number(s)
EARNINGS TODAY
PCLN Before Open
TSLA After Close
WENDYS (WEN) Before Open
Yesterday and Today
Yesterday
Another day of the market opening up and trying to run higher, only to be squashed down by AAPL. AAPL is still falling hard having fallen to a low of 113.25 yesterday, which was a net change of down 5.19 at the lows before bouncing a little. We will probably test that low again today.
Bonds/TLT fell as I stated I had the suspicion they would do (see yesterday’s update).
Meanwhile TSLA ran up going into the close because people are expecting their earnings (out today after the close) to be good.
TODAY
Repeat of yesterday, the day before, and the day before that? Up until AAPL drags it down? Again, the China story is not over until we get a good bounce that sustains itself, so we are held hostage by foreign exchanges. I know people in POT want to see me light things up, but there are times when all the lights are GREEN and you can step on it, and then there are times when all you do is rush to the next RED light. This is the later.
OPTION TRADERS
The VIX is sickly hanging out at 13%. Yes the ranges have been tight, but something feels like it is peculating and anyone selling 13% will regret it. Then again…..where have really really gone this year? NO WHERE.
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.
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