Category: exchanges
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Option Queen Letter
We are fortunate to live in a free country where we are allowed to express our feelings. No matter what people say there is a freedom here for both men and women which all enjoy whether they are visitors to our shores or residents. To learn how precious this freedom is, travel to another country…
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Option Queen Letter
There are two things that come to mind when reviewing the action of the markets: one is that markets do return to the trendline (either up or down and in this case was the uptrend line), and when a market wants to rally, it does so and ignores bombs exploding and banks imploding. This market…
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Option Queen Letter
Although the current employment reports indicate an increase in jobs, the sad truth is that the jobs people are lucky enough to get are not enough to spur real growth. Why? Simple, the typical wage earner earnings are not keeping up with inflation and that means that there is little if any discretionary income left…
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Option Queen Letter
The business press attributed the nervousness seen in market prices this past week to the various global conflicts grabbing the headlines. The media always has to have an actual reason for market retreats when in actuality, the markets took a breather and gave back all of the previous week’s gains. Markets go up and they…
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Option Queen Letter
The headline front cover of Barron’s this week is: “The New Face of Wall Street.” This is a bit scary in that when Wall Street makes radical changes they appear at times when a trend is ending. Mortgage bundling was a New Face, that didn’t turn out well for the public and the country. Just…
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Option Queen Letter
The recent data release from the bureau of Labor statistics (BLS) on Friday shows that there was no wage growth in the April reporting month. The actual facts are that there has been no upward movement in wages for years, when considering inflation yada yada. Will a minimum wage hike help; we seriously doubt that…
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Option Queen Letter
The low for the S&P June future’s contract on April 14, 2014 was1803.50 and the high, seen on April 24, 2014 was 1882.50. That trading range will remain for the coming weeks unless either the upper or the lower levels are broken decisively. This week we will have a two-day FOMC meeting with no scheduled…
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Option Queen Letter
The lines in the sand for the NASDAQ 100 are: 3413.70 and 3396.72. The 200 day moving average is sitting at 3388.23. The S&P 500 will find support at 1792 and 1780. We expect to see these markets open lower and then rally. No we are not totally oversold and continue to have some room…
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Option Queen Letter
We need to reflect this week on all that was learned during 2013. What did we learn? We learned that government printing presses do eventually affect the upward trajectory of the stock markets, that sell or buy the news works (decisions once made will have an upward bias because it is now a measurable event….known)…
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The Option Queen Letter
As to the bull market, remember the trend is your friend, that said, keep your stops tight and don’t be afraid to take profits when presented with that opportunity. One of the biggest mistakes investors can make is not taking profits when they are available. Remember, you can always purchase the issue again. Nothing goes…