11 Jun 2015

June Cash-Secured Put On XLP

by | posted in: Derivatives, Economy, Equities, Technicals | 0

From the mid-May high of $49.75 to the low this Monday of $47.46, XLP, the SPDR Consumer Staples ETF, quickly lost 4.6 percent.  In three weeks!  Monday produced a doji, right around its 200-day moving average.  By that time, daily … Continued

10 Mar 2015

Dow induction alone does not ensure peak in share price

by | posted in: Equities | 0

AAPL set to join Dow brings out ‘this is top’ talk Historically, tough to argue Dow inclusion ensures top If AAPL peaks, it will be for other business-related reasons AAPL (127.14) is slated to replace T in the Dow Jones … Continued