Weekend Portfolio Analysis (September 26, 2015)

Market Conditions The roller coaster ride continued in the equities markets this week as the S&P 500 declined from last week’s high of 2020.86 all the way down to 1908.92 before rallying somewhat. The market gyrations were largely event driven. The week started with remarks from presidential candidate Hillary Clinton, who said she is interested in…

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Weekend Portfolio Analysis (September 19, 2015)

Market Conditions The FOMC policy statement has come and gone and volatility is here to stay – at least until the next Fed meeting. The FOMC acknowledged positive labor market conditions in the U.S., but indicated that concerns related to an economic slowdown in China have outweighed the domestic positives. Janet Yellen stressed that these…

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Weekend Portfolio Analysis (September 12, 2015)

Market Conditions The markets ended the abbreviated trading week on a higher note, but not without some mid-week volatility. The large intraday swing during Wednesday’s trading emphasizes that the volatility in the market has not dissipated. The main driver of this week’s volatility is the buildup to next weeks FOMC meeting. To raise or not…

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Trading Straddles in /ES

In last week’s Portfolio Analysis I briefly discussed an at-the-money straddle that I sold last week in /ES which proved to be extremely profitable. Today, I opened another /ES straddle, this time placing a protective put since I think this market still has significant downside risk. Sold $ES_F Oct 1920 straddle w/protective put for $84.50. No downside…

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Weekend Portfolio Analysis (September 5, 2015)

Market Conditions The markets ended the week on a defensive note heading into the three-day holiday. Friday’s retreat was also fueled by economic reports including the Non-Farm Payrolls report for August which came in below expectations (173,000 vs. 217,000 expected). This in itself would be good news for those investors concerned about a Fed rate…

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