Weekend Portfolio Analysis (April 25, 2015)

Market Conditions The markets were strong this week with both the S&P 500 (SPX) and Nasdaq Composite (COMP) hitting new all-time highs. The SPX opened Monday at 2084.11 and closed on Friday at 2117.69, up 33.58 or 1.6%. Volume was mixed on the NYSE, but quite a bit stronger on the Nasdaq towards the end of the week. All of the major…

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Weekend Portfolio Analysis (April 18, 2015)

Market Conditions The markets were relatively quiet this week with the indexes quietly attempting to reclaim their recent highs until Friday where fast selling clobbered the major equity indexes. The SPX opened the week at 2102.03 and closed on Friday at 2081.18, down 20.85 or 0.9%. Volume was light most of the week, although it…

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Two Trades for April 13, 2015

Today I entered two new trades, a credit put spread in SPX and an earnings trades in Johnson & Johnson (JNJ). In the Weekend Portfolio Analysis I indicated that I would be looking at several earnings trades this week. JNJ reports earnings before the bell tomorrow morning and offered favorable risk/reward potential. Just sold a…

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Weekend Portfolio Analysis (April 11, 2015)

Market Conditions This past week the market retraced the past two weeks of declines with the SPX opening on Monday at 2064.87 and closing on Friday at 2102.06 up 37.19 or 1.8% on the week. Despite the dismal Non-Farm Payrolls report last Friday, the market opened strong on Monday. The major indexes are all, once again, poised to set new…

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Weekend Portfolio Analysis (April 4, 2015)

Market Conditions This past week the market traded in a fairly narrow 40-point range with the SPX opening on Monday at 2064.11 and closing the holiday week on Thursday at 2066.96 up just 2.85 or 0.14% on the week. Mixed economic data during the week created some intraday volatility as speculation increased regarding the initial Fed rate hike.…

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