Morning Update: February 06, 2014

Thursday Feb 6, 2014

1-(855)–RWT-0008

IMPORTANT AND FREE

Mercedes GAVE AWAY their patent on airbags because

they felt something things were more important than money.

Now that there is signs of weakness in the markets, we are giving away our BASICS text for free for the same reason.

Go to our website and download it from iTunes free.

This is equivalent to what many firms call their “intermediate” class that they charge thousands of dollars.

Tell your Friends

The Dow closed down 5.01 at 15440

A very quiet day in the markets with the Dow gyrating down and up, and then selling off on the close. It appears that since the Dow fell through its 1 year channel it is trying to get up and test the old support area (new resistance). It I currently stuck in between the old channel and the 200 day moving average. 

AAPL closed up 3.80 at 512.59.

EX-DIVIDEND TODAY

Pot and Maui people saw me talk about the stock going ex-dividend and how anything had to be exercised to receive the dividend. 

IMPORTANT

If you learned options from another company it is almost 100% assured you didn’t learn what options are an exercise, when to exercise them, what happens to the puts, etc. Please contact the office for the abbreviated free material on this subject so you do not give away money or lose it.

Random Walk DOES NOT care that you learned somewhere else and another company got the business. We want you to learn it the right way. Our traders have read the material from most every other company and nowhere have we seen it taught (correctly, if at all). So please just contact the office and they will be happy to email you an abbreviated version of dividends. Stay safe. 

The VIX closed up 0.84 at 19.95/ Not sure why, other than people are scared. 

The TLT closed down 1.00 at 107.16

This is the second day of these pigs falling like they should. The Fed is tapering. They want out of this business of pumping money into the system. Where they lucked out is that the last taper caused the markets to plummet. Once that happened people ran to bonds for safety.

There is NO REASON why the bonds should have gone up, and for the last 2 or 3 days they have fallen like the rocks they are. 

GLD = 121.29 up .30

SLV = 19.07 up 0.32

Closed down 4.31 at 174.42

Yesterday

The Dow was down 100 and it was up 43 points. It closed down 5. Enough said. 

Today

It all hinges on initial claims out at 8:30. The numbers coming out of late have been horrendous. That in itself would have previously been bullish as people would expect more fuel from the Fed. But now that the Fed is determined to taper, bad news is now horrendous news (instead of good).

And now more people (about 2.5 million) are expected to lose their jobs because of that great, awesome, highly sought after thing we call the UN-AFFORDABLE HEALTHCARE. (read below in the WTF? Area). That can’t help

About 2 years ago I ranted about the Unaffordable healthcare act and said that it will not only cost jobs, but will hurt the poor the hardest. I stated that the “part time” definition was being changed from 40 hours to 30 hours. Because of this I said that the politicians were IDIOTS. You can guess which one(s) in particular

Never missing an opportunity to not think through an idea before making it a law, it would have the effect of giving every part time person working a 25% pay cut. I was apparently optimistic when I said that, as it appears to be even worse.

The WHITE HOUSE response: It is good that people are losing their jobs so they don’t have to be worried about being “trapped in a job”. With ideas like that coming from DC it is a wonder the Dow is not at 10,000 again – or is it (and we just dont know it yet)?

PLEA

Please tell someone you know that they do not have to be a victim in the government created stock market bubble. I don’t care where they learn to hedge from. Send them somewhere else if you like. Buy them our BASICS book for Christmas. Buy them someone else book But help a friend out. 

Back to the regular schedule. 

POT is held each Wednesday night at 7:00pm eastern. 

Contract the office at 1- 855 – RWT – 0008 for more details. 

Too True To Be Funny

(Never a joke, but always funny)

OKAY – IF THIS WERE NOT TRUE, it would be a great Saturday Night Live Skit.

Unfortunately this is the country’s “brightest” leader. Why the wheels don’t fall off this country, I will never figure out.

Read the LAST Sentence. It says

2.5 million people losing jobs because of Obama(nation) Care “is a good thing because

They will NO LONGER BE TRAPPED IN A JOB.”

I can’t make this up and expect people to believe me. Read Below. 

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, 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.

When reading this you acknowledge that you agree to hold harmless Random Walk, LLC, its employees, independent contractors, authors, managers, owner(s), spouses, children, cousins, friends, bail bondsmen, and favorite bartender. In fact, you agree to grow up, accept some responsibility for your own actions, and stop believing the media that sells you on how nothing is your fault. You further agree in the antiquated and lost values that America is the land of opportunity and not the land of handouts. You agree any loss in the markets is a result of your own actions as we told you NOT to trade without consulting someone other than us.

All paper trades are SOLELY for example and to illustrate how certain strategies could perform without the benefit of hindsight and back-testing. You agree NOT to trade based on anything we say, do, write, advertise, etc. If we were smart we would be teaching high-school math and making the really big bucks. You agree to abide by the laws of your country and that it is legal to accept this transmission.

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. We do NOT sell “special software”, though occasionally we give some out for FREE to our current students. If you enjoy buying software please go to Best Buy. 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.