White Cap Flight Deck – Mission #8
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Earnings surprises are rolling in regularly every day. And so far, we’ve picked stocks that simply couldn’t be kept down, no matter what the market did. In fact, our positions average gains in the double digits. Before I give a quick rundown of all of our holdings, let me give you a heads up on…
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Email – #505 Market calls are always tough. Invariably, the exact reasons that prompt one to go long or go short the market are the same reasons another takes the opposite position… a true definition of a market. However, we need some protection in this market. If it goes up, we’ll lose some cash in…
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Hello Instant Money Traders Ok, let’s start the path of profitability on one of our current five open positions. We’re going to place an order to buy back one of our trades. Here’s what you need to do: Buy back all of your JC Penney (JCP) May 2010 $17.50 put options for a limit buy…
Hello Instant Money Traders Well, so much for that latest move lower in the market. Just a few weeks ago it looked as though stocks were about to fall off the cliff. On February 5th, we hit a near-term low, and it seemed we had more to go on the downside. But just like every…
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Hello TZP members Soybeans We’ve yet to be filled on our open order to sell the July 2010 soybean $8.60/$8.80 put option credit spread for a limit spread sell price of 8 cents per spread, GTC (good-til-cancelled), as an opening transaction. The spread is worth about 5 cents currently as the July futures contract has…
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Hello Instant Money Traders, No new trades today but I want to go over a bit more about the subject of margin requirements, account size and what kind of returns we can expect. We had two lengthy questions come in on this subject, so I want to clarify things and give you all an idea…
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