Monday
October 26, 2015
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC. (and Scott)
Great Morning!
Closing Prices From Yesterday
Yesterday and Today
YESTERDAY
Friday saw the second large move up in the markets in a row. The SPX closed up 22.64 points (1.1%). The reason is certainly directly attributable to China and Germany both lowering and/or talking about lowering rates. Apparently the WHOLE world is addicted to cheap money like cocaine in the 1980’s.
Those older than 45 years may recall a Time magazine cover rhetorically asking the reader if Cocaine was the best drug ever. The article even stated that the drug was non-addictive. Years later we saw gangland shootings, rehab hospitals filled with people on cocaine, and all the other negative effects of the drug. This time free money may prove to be even a harder drug to withdrawal from, but for now the punch bowl is full so stop worrying.
What can be unhealthy about the SPX moving from 1867 to 2079 (10%) in a couple of weeks, or the Dow moving from 16,000 to 17,650? Nothing yet.
Even AAPL has made a recovery back to 119 (from 92 on August 24). BABA came back to life as well, closing Friday at 75.62. Remember that this stock was at 57.20 three weeks ago. TSLA, not so much. One little article from an antiquated magazine with subscription levels dying as fast as their reader’s demographics and the stock is at 209. The NASDAQ is actually back to being above 5.000!
TODAY
We did almost 500 points on Thursday and Friday. The previous week we had a big Thursday and Friday as well. The Dow is 800 points higher in 7 trading days. It is time for a breather.
Back in the middle of August we saw the Fed wreck the markets with their indecisiveness. I don’t want to sound as arrogant as Donald Trump, BUT……at the time I did point out a few things:
-
The Fed was causing the fall, not falling oil or China. The media didn’t get it, but now I have been proven right.
-
Things looked scary, especially on August 24th when wee saw ālimit downā opens in the SPX. The Dow was down 1,100 points and the SPX was down 100 on the open. Stocks were smashed. I kept telling people ārelax, this is NOT 29908 ā 2009 againā. I mentioned āthis is NOT the big one I have been predicting for some time, rather this is a normal correctionā. Again, I got lucky was proven correct when much of the world was crying āthe sky is fallingā. I think the only one I can think of who also got it right was Jim Cramer, and this is weird since we rarely agree on anything.
So I anticipate more upward movement with the SPX touching 2100 and the Dow 18,000 sooner than later, but a modest pullback is due.
It is amazing. We have done 230+ trade examples this year. Two weeks ago we were busy as hell. Last week we did only a couple of trades, but made about the same as the week before. Yes, we have been hitting them out of the ball park of late.
Last week we did PART 2 of Advanced hedging of vertical spreads in the POT class. This week will either be Part 3, or something more pressing (market conditions determining).
POT is held each Wednesday night at 7:00pm eastern.
Contract the office at 1- 855 ā RWT ā 0008 for more details.
China spies on us. They hack our computers. They steal everything and ignore international patent and copyright laws. They are building islands off the coast of Japan and the Philippines. They are engaged in currency wars. When their market fell last month we should have all jumped on it and sank it (for national security).
Now they have three war ships parked in Florida. WTF? Can you imagine that happening with any other President other than Che Obama? Ronald Reagan would have sunk them once their bow crossed through the international water line. Of course the manipulated asshole media doesn’t mention it. They are too busy praising Kaitlin Jenner for her bravery and ignoring the bravery of American soldiers coming back with missing limbs.
I tell you what. You pay me $4m for wearing breast implants fo6 months, and a dress for a couple of weeks, and I will do it. I will donate all the money to charity, most if it going to the veterans. Is that bravery? I don’t think so ā stupidity or lack of pride, maybe. If you think I am joking, write the check.
Too True To Be Funny
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 Daily Planet newspaper.
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 doesnāt mean a thing. The future is even scarier. 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. We will sell products, but advise against buying them. We Do Not Give Advice.
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. But that really doesnāt mean much. 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. Nothing we do is audited and we make no promise of accuracy.
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). āThank yousā are only handed out in countries where legal and void where prohibited. If your country does not allow āthank yousā please refrain from accepting it. This disclaimer is copyright material and not a joke.
Thursday
October 22, 2015
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC. (and Scott)
Great Morning!
Closing Prices From Yesterday
Yesterday and Today
Yesterday and Today
YESTERDAY
It was a quiet, though strange day. The market opened higher with the SPX opening up +10 points. From thee the market sank to slightly below the unchanged line. The market then began to climb up higher again when Joe āTouerettesā Biden announced he was not going to run for President, but was going to continue to run his mouth.
Though I listened to his speech, I really could not figure out what he was trying to say, and nether could the markets as they sat up +7 points in the SPX.
Once done Trump started to tweet that he was glad Biden was dropping out because Hillary is easier to defeat. Not to be āout -Trumpedā by Trump, Hillary began tweeting that she was inspired by Biden’s speech. I think she was inspired by the fact that her only competition on the Democratic side is a socialist nut job. Again, the market didn’t seem to care.
Then all of a sudden VRX fell 40%. The stock fell from 148.66 to 88.50 before being halted. Rumor was that this was a Ponzi Scheme. In fact it was one āactivistā group shorting the stock and spreading rumors to get a quick profit. At least that is what it seems like given the information on hand at the moment. After the stock reopened it went from $102 back to $125 before closing at $118.61.
But this movement was enough to spook the markets from+7 to close down -12, taking the Dow from a high of 17,314.99 to 17,168.61 (net ā 48.50). This was all BS.
TODAY
Unless something happens tonight to yet another company, I suspect the market will be up by the same the same amount or more than it was down.
Let’s see. Consumer Reports announces at the end of August that the TSLA is so great of a car that it can’t even rate it (Stock up >$18). Now less than 3 months later Consumer Reports announces that it is such a bad car with so many problems that it wont rate the car (stock down -$26).
Then Bill Ackman is long 5% of VRX shares and watches as a competitor takes down his stock in the same way he took down several names like Lumber Liquidators and Herbalife. Oh the irony. But Bill has balls, and went in and bought 2 million shares while the stock was falling.
Math:
It is reported that Ackman has 5% of the 342.79 M shares outstanding. That comes to 17,139,500 shares. With a fall from 148 to 88 we have a loss of $60 a share. Now, $60 a share times 17,139,500 comes to be 1.03Bln lost in 30 minutes. From there he has the balls to go in and buy another 2 million shares? My Man!
So it is becoming evident that there is more money to be made spreading rumors and creating lies in the market than there is investing. My guess is we will see more of this until someone goes to jail.
But we still should go higher until another rumor. The late day sell off was nothing but BS, and BS gets flushed. Iam just glad I didn’t have a position in this name where I stepped in the BS like I did the TSLA BS earlier.
An exhaustive class BUT highly informative. We took a long vertical spread and looked at 13 different ways to spread the risk off. The next part of this will come in more advanced form, and then taking complex trades and doing the same thing
POT is held each Wednesday night at 7:00pm eastern.
Contract the office at 1- 855 ā RWT ā 0008 for more details.
Too True To Be Funny
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 Daily Planet newspaper.
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 doesnāt mean a thing. The future is even scarier. 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. We will sell products, but advise against buying them. We Do Not Give Advice.
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. But that really doesnāt mean much. 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. Nothing we do is audited and we make no promise of accuracy.
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). āThank yousā are only handed out in countries where legal and void where prohibited. If your country does not allow āthank yousā please refrain from accepting it. This disclaimer is copyright material and not a joke.
