Morning Update: January 09, 2014

Thursday Jan 9, 2014

Maui 14 Session #1 in 4 Days

You are the artist for 2014, painting your future!

We will supply the paint, brushes and canvas!

(Framing and matting a small additional charge)

I am flying all day today, so if the market is doing something really weird I most likely will not be able to send an update.

admin@RandomWalkTrading.com

1–(855)–RWT-0008

Great Morning!

People arriving in Maui will have an itinerary waiting for them at the front desk Sunday night Jan 19^th.

Random Walk hopes everyone had a safe and joyous New Year!

The market is unchanged from the start of the year. I doubt it will be one more week until things heat up and start moving again. 

The Dow was 68.20 at 16,462.74

Good news = bad news now (again). We had a round of good economic numbers which spooked the bond market into thinking tapering was going to continue. This in turn send the stock market down 100, but it recovered a little to close down 68. 

The S&P 500 cash closed down 0.39 at 1837.49.

The VIX was down 0.05 at 12.87

AAPL was up $3.4225 at $543.46

The ETF closed down 0.28 at 102.58

GLD = 118.12 down 0.70

SLV = 18.83 down 0.295

Dec 31 Closing

(spot gold = 1,205.50) (spot silver = 19.445)

TSLA closed up 1.92 at 151.28

The stock closed up 0.79 at 15.76

Yesterday

A quiet day despite being down. The VIX wants to decline as it appears people are tired of being long premium when the market is in such a tight range.

Today

Hard to say. This really comes down to how the initial claims numbers come out. If really good, we will fall like a rock. If bad or neutral we will run higher. In other words, tomorrow is a gamble and uncertain as the bullish trend is not over but has not restarted its assent.

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 New Year. It cost less than a movie ticket for you both. Buy them someone else book, but help a friend out. 

We reset the account to $100,000 as we do every Jan 1. This is don’t to simulate how certain strategies are reacting to our trades, and to keep track of our progress. 

Last week’s POT session we voted on a couple of items.

POT Mini-Class

on Legging into expiration synthetics and butterflies is going to be held February 20 – 21.

POT Schedule (Next classes)

• Catastrophe Planning & When Things Go Wrong

• Legging Into Put Protection Butterflies

• Scott Lights It Up

• Advanced Currencies.

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

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.

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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.