Tag: OptionPundit

  • A Terrible, and A Fantastic Week

    It was a terrible week for U.S. stocks and equally for almost every major stock markets worldwide. The Dow fell 157.47 points, or 1.5%, on Friday to close at 10,325.38, racking up a 7.3% drop for the week. The Nasdaq Composite Index fell 29.33 points, or 1.5%, on Friday to close at 1,947.39 and lost 10.8% for…

  • OPNewsletter Returns +6.2% in Sept’08

    In what could be summarized as tumultuous month for the US markets, full of volatility and extreme intradays moves and strong reversals, OPNewsletter Sept portfolios returned +6.2% including commissions. This beats my revised target of 5% including comissions (vs earlier 5-7% x-comissions). This surely wasn’t an easy month for an income trader but a portfolio approach and diversification helped me achieve…

  • OPNewsletter (Jul 2008) : Closed +7.1%

    This was not an easy month. In fact a very tough month. I mentioned to subscribers that this was the worst June for Dow in nearly 70 years and If we gain this month, or rather even break-even including our commission, at least, I will consider this a cause for celebration. For me, preserving capital…

  • OPNewsletter (Jun’08) : Closed +11.1%

    An excellent month for OPNewsletter with double digit gains. OPNewsletter’s June 2008 was closed for +11.1%. This is nearly double of my own target of 5-7% per month. These returns excludes the bonus speculative trades on JOYG (+40%), RIG (Multiple Profit Points), GLD and CME (Multiple Profit Points-Shared for free with OP Readers), With this…

  • OPN Subscribers’ Views: Part-4

    Thank you dear subscribers for your encouraging feedback. I published earlier OPN testimonials here (Part-1, Part-2 and Part-3). Your feedback especially after past two challenging month is rather much more important than it was when it was rather smoother sailing for OPNewsletter. Let starts with Wayne Hom from USA- The best thing about OP is…