rjm77me's Blog : Latest entries

The stock I am talking about has traded in the range of $19 to $19.60 for last 40 days
It offers 7% yield
The daily trading volume is 2 million shares plus - meaning it is liquid trading stock
The one condition to make money is that trading costs - They need to be low like $1 per 100 share lots or less. 
In case stock moves down by say 60 cents - sell and start trading in new range - One can recover the loss in few days 
The ex dividend date is 



Ex-Dividend Date:

15…

Market makers do not know how Greece bail out will play
It can go up 10 to 200 points in one day. That will indicate the short term top with a 3 to 5% correction.
Those are my views
I have started building 5% of my portfolio with protective puts  IWM March 80 puts can be a good place to buy protection. One does not neeed to buy protection in one go - Build it as the market shows it;s hand. 
I am also selling March calls for any stocks I want to hold = or one can set up stop losses …

Some of you may remember about my blogs about Earning Beaters list which I created one year ago.
I wanted to start a new email service for folks who want to take advantage of the 2000 hours I spent in CREATING the list> I do refine the list based on stock performance
It provides 80% correct mechinal adantage - meaning one wins 80% of earning trades.
I put the things on hold about a year ago. The list did not work for next earning season due to market conditions. I have now tested it for 4 …

I will be buyer again under 16.30 and sell just before the dividend date.
NLY may reduce the dividend by few cents - still dividend seekers pay for it as it means reduced taxes- FOR Some dividend funds it is a great to have dividend like NLY
They do not provide fine details and they do trade to earn the dividend.
Please do your own home work

I have a written rule that says
DO NOT BUY A STOCK AFTER IT MISSES EARNING OR GETS HIT WITH A GAP DOWN FOR AT LEAST 5 DAYS
Last 30 days have been different - After watching on side lines I just decided to bend the rule to take advantage of the market situation in last 30 days
Example - I bought HUM (Humana) yesterday in 401 K plan with a limit order of 64.66 and I added an order after hours to sell with a limit order of 66.12 - It got filled. I have been trading calls in HUM as mentioned yest…

I made multiple trades using March 85 HUM calls - the trades were in the range of $3.00 to $3.60
Bought when ever the calls hit 3.00/3.20 sold when ever they moved 3.4/3.60'
In last hour bough 3.00 - sold 3.30
I will be trading same calls on Tuesday
Please do your own home work

ACAT extended - the stock is extended as a momentum play
HUM is getting HIT for missing earning - Long term older population means more money in Managed care - HUM is the leader in field