Enter the Dragon - Bruce Lee (Before Kicking)

Maybe we won't get kicked in the face?  Let's hope so, but don't let your guard down.

Heads up Masters, the iPath S&P 500 VIX Short Term Futures (VXX) hit a new 52-week low today. The VXX got down to $12.41 today, fear has calmed.


Volatility Wins Again

Volatility - Large Pic

The VXX is up 2.5% thanks to stocks falling off the cliff.

 


Always a risky bet but after the iPath S&P 500 VIX Short Term Futures (VXX) hits 52-week lows it due for a bounce.  Such is the case this week after the VXX got down to $12.70 last Friday.  Today the VXX is at $13.61 and fear enters back into the market.


Groundhog Driving the Car - Movie - Big Pic

It must be Groundhog Day as stocks are down again because another EU country is out of money.  Blah, blah, blah.. we've lost interest already.

Stocks fell hard this morning and are trying to recover as the market processes the news that Spain is out of money.  At this point who really cares but the Bears are out in full force preying on volatility and fear of a market collapse.  The iPath S&P 500 VIX ST Futures ETN (VXX) is up 8% today and is the weapon of choice for traders.


 

Graffiti spray can

July is here and we welcome some great moves in Apple, 3D Systems and more.

July had a break on the 4th for trading.  We review Thurs and Friday which included some stellar 52-week highs, Jerry Seinfeld, a bottom in volatility, and the big jobs report.

 

Banksy - I want Change

Enjoy the 4th of July Holiday and since the market is closed we review the week.

July 4th 2012 is here and volatility while it stays (hopefully at record lows).  None the less its time to review some of the best stock picks of the week including some defensive plays, short squeezes, and anything but RIM.

Once again cue the VXX

Psycho - Shower Scene

Fellow Masters we've been through this before, volatility is a new low once again.  Lather, Rinse, then repeat.

Its that time yet again -- the iPath S&P 500 VIX Short Term Futures TM ETN (VXX) just hit a fresh new 52-week low.  You know the drill, its time to buy some VXX as a protection should fear and panic enter into the market (again). 


covered calls beavis

Here are today's Covered Call Picks for Tuesday 06-26-2012. Some decent returns here and less than a month till expiration.

What's a Covered Call?

The covered call is a strategy where an investor writes a call option contract (sells an option) while at the same time owning an equivalent number of shares of the underlying stock.If this stock is purchased simultaneously with writing the call contract, the strategy is commonly referred to as a buy-write.

While you may have heard that trading options is risky business, covered calls are actually a very conservative strategy, and most brokerages even allow retirement IRA accounts to write covered calls.

Extremely Bullish Pattern (VXX)

vxx30minjune242012.png

Due to the large decline on Thursday, June 21st in the markets, volatility is likely to spike.  Watch for the VXX breakout! 

Whereas there was excessive fear surrounding the Greek elections, now complacency is much too high with a shaky market.  A spike in volatility, or the VIX, can result when compl

Prediction for this Week's Trading: Pain

Mr. T - Pain

How is trading going to be this week?  Painful.

Last Friday was bad enough, now we have more uncertainty to look forward to which means volatility is going to be the true winner.  Here comes the pain.

Psycho - Shower Scene

Its as easy as lather, rinse, repeat.  The VXX is almost at its 12 month low...again.

Its almost that time again fellow Masters, we've done this trade countless times -- Buy the iPath S&P 500 VIX Short Term Futures TM ETN (VXX) when it hits a 12 month low.  Only 3.8% more and we execute this trade again.