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Dow Archives - Options Trading Strategies for Consistent Income - Option Pundit

The Shining Asset Class – Gold

Recall the post on Dec 31 on watching the Gold action. It has been closing upwards every years for the past 8 years. As of Friday’s close, Gold was up almost +7% year to date and as of this writing, it’s rising further. Attached chart shows a massive base building…

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February 17, 2009

What’s Next?

What a day that it was. This was the largest market decline ever on an inauguration day which also qualified as a 90% down day on both the NYSE and NASDAQ. According to Lowry’s, this was also the second 90% down day in just four trading days, after a hiatus…

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January 21, 2009

Is Berkshire in Trouble?

This 2 part series will cover recent market developments about Berkshire Hathaway, points to a strategy on how you may benefit more on the same trades he did recently and an option trading strategy that probably Berkshire uses for maximizing it returns on the underlying they find worth investing. Don’t forget…

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November 20, 2008

Where are the Markets Heading?

Below charts and rough technical analysis is not to paint a grim picture but is rather an attempt to define a range for the downside. It’s better to develop trading plans with the worst case scenario in mind vs. developing plans on pure hopes and dreams. I don’t argue that…

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November 18, 2008

DOW, S&P, Nasdaq All Up

The Dow increased 4.7% closing at 8979.26, the Nasdaq was up 5.5% to finish at 1717.71, and the S&P was up 4.3% to finish at 946.43. Leading sectors Coal and Consumable Fuels +13.3%, Education Services 13.2%, Steel 13.1%, Oil and Gas Exploration 12.1%, Gas Utilities 11.4%. Gold will surely make…

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October 16, 2008

Where Are We Heading Now?

Tough Markets, the worst June for Dow since the great depression of early 30s. The Dow is down nearly 9.5%, S&P500 nearly 8%, RUT nearly 5.5% and Nasdaq nearly 7.5% for the month of June so far and we still have one more trading day left. Dow Jones industrial average…

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June 29, 2008

Fasten Your Seatbelts, Again

Dow dropped below its 200wk moving average, one of the indicator that I look, at times, for determining long term trends to develop a macro picture. This is not a good sign and it has never dipped below that since 2004. We’ll see how S&P500, Nasdaq and other major indices…

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June 26, 2008
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