WEEKLY MARKET OVERVIEW

Last week the market reminded all participants that prices can’t go up in a straight line. The gap down at the opening on Wednesday and subsequent sell-off throughout the session have been the first signal that the recent uptrend was due for a break. After a failed...

WEEKLY MARKET OVERVIEW

With the new US president finally at the White House, this four trading days week has seen most indices recovering from the previous week’s losses and back to a test of all-time highs.

Weekly performance:
– SPY (S&P500) +1.91%
– QQQ...

Overall in the second week of 2021, the markets have been consolidating. On Friday we saw a pullback attempt with most indices gapping down at the opening but recovering most of the losses by the close. Mega-tech-stocks (QQQ) have been lagging while small caps continued to push to new all-time...

Friday has been another positive session. After a slow and choppy start, bulls took full control in the last two hours with most sectors closing in the green.

Despite Monday’s pullback and the assault to the US Capitol, this has been a great week for the market with small caps being by far...

I had two other CSPs expiring in the last trading week of the year, and both expired worthless.

The 12/31 CSP $90 on AMD is the classical example of a fully profitable trade despite the stock price has been falling from the entry. I was able to keep the entire $152 premium and generate a very...

This was a short trading week due to Christmas Holidays. On Thursday the market was open only until 1.00pm while yesterday it was completely closed.

I was assigned on WMT as the 12/24 $146 CSP expired ITM. As I initially collected a premium of $1.92 my break even point is now at $144.08, so not...