1-855-RWT-0008
Random Walk’s Motto:
Success through integrity and care. The law of abundance means we can all win.
61 Days in a row where the market has not made a >1% move. Unsustainable? YOU BET
First crack was Tuesday. The second crack was yesterday.
I am not going into most of the negatives facing the market as they are self-evident and will sound like a rant against politicians. $4 billion to give $90K per person who enters into this country illegally is a mess that need not be discussed. Iraq changing its name to ISIS is another mess that only the most oblivious and biased individual can’t see the long term negatives for the market.
Today’s Number(s)
Yesterday and Today
Yesterday
Another record for the stock market. We are now up 165% since 2008-2009. But this is not a bubble, right?
Yesterday Yellen went from saying the market is not in a bubble situation to saying low cap stocks are in a small bubble. The funny thing is the market is only 100 Dow points higher. I guess 100 Dow points is the new measure between fair value and over value.
Congress tore Yellen apart for the first time, which is refreshing. Not that Yellen is all bad, and not that she doesn’t push back. But it has been too long since the Fed has anyone question them, look at their books, or ask about how they set policy. For a corporation (the Federal Reserve is neither Federal nor a Reserve) that controls the entire world economy, it should not be subject to the whims on any one person other than ME. Let me buy a few options before I assume the post please.
Today
Another day with a lot of economic numbers out. After the last Fed meeting with Congress I am anticipating bad news being bad news for a couple of days, and the market can only go higher if it earns it through good news.
10:00am is the Philly Fed that can mess things up, so don’t forget about it.
POT LAST NIGHT
POT is held each Wednesday night at 7:00pm eastern.
Remember: Yesterday near the close I bought back the short put spreads in anticipation of a pullback. This way in any weakness I can sell put spreads galore.
A separate update is waiting for you.
Contact the office at 1- 855 – RWT – 0008 for more details.
Too True To Be Funny
Anyone want to bet NOTHING is found out? Why don’t they give her immunity and a pencil with a note pad?
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.
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. 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.
