admin@RandomWalkTrading.com
1–(855)–RWT-0008
Friday December 13, 2013
Only 5 weeks until the FIRST Maui ’14 class.
The second one is a week later.
The first session is the online session/small class
Don’t Worry About Friday the 13th
Even though Julia Child and Tupak Shakur died on it.
The Dow took another dive on the close, again all sell order imbalances at the end of the day. The market had fallen 120+ points only to recover most of it until sell orders came in. Despite the heavy sell orders the market held up remarkable well.
Dow closed down 104 points at 15,739.43
Closed at 560.54 down 0.82. This stock appears like it wants to blast off to the upside once again. Even in big down markets it can’t fall hard.
The VIX was up a modest 0.12 at 15.54. POT people, recall that we demonstrated the sale of premium in a big way near the close. More in today’s POT update.
102.71 down 0.39
Metals were smashed once again.
GLD = 118.29 down 2.57
SLV = 18.81 down .74
up 7.82 at 147.47 because no cars caught on fire in over 3 weeks. Just kidding.
DDD 80.36, up 3.00 (52 week high = 84.85)
VJET 37.61 up 0.66 (52 week high = 70)
Yesterday
The markets were down but quiet nonetheless. The selling mostly came at the end of the day just as it had the previous day.
Also, I am going to start reporting the closing numbers for some 3D printing companies. They are a wild ride right now. The only thing crazier is Bitcoin. They were on fire, and then cut in half. POT people can expect to see a trade there once it appears like a post correction trend develops.
Today
I am going from a “Who knows?” to a slightly bullish stance.
We have had 3 or 4 days of selling. The selling was because of great economic news which is unnerving the bond market. We had great news yesterday as well and the bonds held up reasonably well. It FEELS as if a Fed tapering in December is somewhat priced in, the selling is a little premature, and it is the holiday season. The only real concern is next Wednesday’s Fed meeting.
So unless the Consumer Price and Producer Price index are way out of line, we will be up today.
POT people. We sold a lot of puts on the close yesterday on a 15+% VIX. I will be sending an update for you after the open.
Fed Tapers – We will fall hard, then bounce to make new highs by the end of December
Fed Stays as is – we will take off like a rocket, then pull back, only to close higher at the end of December from where we took off.
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.
A separate update will be coming out after the open.
Contract the office at 1- 855 – RWT – 0008 for more details.
Too True To Be Funny
(Never a joke, but always funny)
With so many people complaining about Obama and his frequent lying, I wanted to point out (in all fairness) that he is not the only President to lie.
LBJ: We were attacked (in the Gulf of Tonkin) Nixon: I am not a crook GHW Bush: Read my lips – No new taxes Clinton: I did not have sex with that woman… Miss Lewinski GW Bush: Iraq has weapons of mass destruction |
Obama:
I will have the most transparent administration in history.
The stimulus will fund shovel-ready jobs.
I am focused like a laser on creating jobs.
The IRS is not targeting anyone.
It was a spontaneous riot about a movie.
If I had a son.
I will put an end to the type of politics that “breeds division, conflict and cynicism”.
You didn’t build that!
I will restore trust in Government.
The Cambridge cops acted stupidly.
The public will have 5 days to look at every bill that lands on my desk
It’s not my red line – it is the world’s red line.
Whistle blowers will be protected in my administration.
We got back every dime we used to rescue the banks and auto companies, with interest.
I am not spying on American citizens.
ObamaCare will be good for America
You can keep your family doctor.
Premiums will be lowered by $2500.
If you like it, you can keep your current healthcare plan
It’s just like shopping at Amazon
I knew nothing about “Fast and Furious” gunrunning to Mexican drug cartels
I knew nothing about IRS targeting conservative groups
I knew nothing about what happened in Benghazi
I have never my uncle from Kenya who is in the country illegally and that was arrested and told to leave the country over 20 years ago
And, I have never lived with that uncle. (He finally admitted today, (12-05-2013) that he DID know his uncle and that he DID live with him.
And the biggest one of all:
“I, Barrack Hussein Obama, pledge to preserve, protect and defend the Constitution of the United States of America.”
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.
