Tuesday
April 29, 2014
1-855-RWT-0008
Random Walk’s Mission:
To help 1% of the population learn that they do NOT have to be wiped out in an economic catastrophe and/or market crash, and make it as easy as sending an email.
Year of Selling Premium
POT: We sold more premium, this time in the crude oil futures.
Happy Day!
The Dow
The Dow was up 87.28
POT People….Hedged a little yesterday…just a little. Will hedge more at new highs. See your update please.
AAPL
Up 22.15 at 594.09
The VIX
The VIX closed at 13.97
TLT
The TLT closed down 0.54 at 110.79
Silver and Gold
GLD Closed down 0.55 at 124.88
But CNBC said it was zooming higher in a flight to safety, so I am lost.
SLV Closed down 0.09 at 18.85
TSLA
Tesla was down 1.34 at 198.51
RSX (Russian Index)
Closed up 0.86 at 22.60
Crude Oil (July)
June closed at 100.90 up 0.06
July closed at 101.17 up 0.06
Yesterday
The markets opened up 130 points higher, and then reversed with news from the Ukraine. The Ukraine’s mayor of the 2nd largest city was shot in the back, and rumors started that things were getting hectic over there. Of course they would not be getting out of hand since Moe, Larry and Curly imposed tough economic sanctions on people over there, but of course not Putin. That would be “Putin-a-tive”.
So with Obama touring the Philippines reassuring all our allies that we will be as tough on China as we were on the Ukraine (or was it Russia we are suppose to be tough on?) should their safety be jeopardized, the markets must have felt secure that China was not going to get the same ideas as Putin.
With that sigh of relief and no further chaos going on in the Ukraine the markets worked their ways back up, closing up 87 points.
Today
We have May coming up in a couple of days. The old adage, “Sell in May and go away” is on the front of most novices minds. And I have been wrong too. About this time last year I said that we were going to go to 17,000 before falling, and that it would probably be about March. March has come and gone, and so has April (almost). It does NOT dissuade me from my opinion, though. We need one more blow off top to the upside, and then the world can come to an end for the stock market. I am usually off a few months anyway when I am going that far out in time.
The casual observer would say that the market is jittery, and I can certainly see their point. I, however, feel a little different. We have NOTHING good going on politically, economically, or spiritually, and yet the market keeps hovering within 300 points of making a new high. It seems like it is just absorbing all the Mike Tyson-like blows and when good news finally does come, we are going to have that run higher. But then again, where else are you going to put money in a manipulated low interest rate environment? So one last push higher before falling hard.
When does it come? I thought it was going to come 2 months ago, but we have had a few scandals, political issues, etc. to fight off first.
Examples:
POT is held each Wednesday night at 7:00pm eastern.
Total New POT Starting Tonight
Anyone who calls the office 1-855-RWT-0008
Call the office 1-855-RWT-0008
Fill Prices From Yesterday.
AAPL
Yesterday we bought the AAAPL May 2 590-600 call spread for $2.95. It closed at $4.73
SPX
Bought 10 contracts 1835-1820 put spread and sold 30 contracts of the 1810-1805 against it. Net debit was $2,000 debit. It closed at 1,100, thus a $900 profit. but don’t get too excited. The 1810-1805 spread closed too cheap (in our favor). See POT disclaimer and update for more information.
Too True To Be Funny
Un-American?
Does she mean un-American….like persecuting someone because of their religious or political beliefs? She is right, but a little late.
Old and Out of the Way
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 DailyPlanet newspaper.
We did NOT get any TARP money, so we are not aligned with any politician. 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 doesn’t mean a thing. The future is even scarier. There is no guarantee the sun will come up tomorrow. 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, Tarot cards, tax consultant, investment adviser, etc. Random Walk, LLC is full of morons, dolts, has-been(s), chromosome damaged individuals, thieves, ex-cons, losers, and carnival barkers. Any attempt to find a semblance of intelligence or integrity in Random Walk would be a waste of time.
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Every attempt has been made to ensure accuracy, but we are clueless. As a result it would be foolish and impossible to assure the accuracy of any numbers and/or come close to writing a sentence that is grammatically correct. You agree not to get on our case emotionally, physically, spiritually (no Voodoo dolls please) or legally when we screw up. We are doing our best to keep up with evolution, but it is a fast race and we are falling behind. If any of this stuff is too hard to accept please let us know and we will remove you from our mailing list and short term memory.
Random Walk deeply cares about each and every student. We try to keep the selling of products to a minimum. We believe our students are a result of attraction rather than promotion. This does NOT mean that the more attractive you are, the more we promote ourselves (in general).
Our products are written ONLY by floor traders, fund managers and retired floor traders. 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.
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). “Thank yous” are only handed out in countries where legal and void where prohibited. If your country does not allow “thank yous” please refrain from accepting it. This disclaimer is copyright material and not a joke.
