The Bears Are Coming!
ITM Update: The Bears are Coming! OK, that was clickbait. Just testing. ITM strategists are supposed to be ignoring headlines like that and keeping their mind clear! But obviously, the bears will come at some stage, they always do. Every bull market is followed by a bear market but we just don’t know WHEN. If […]
ITM Update: Predicting the Future
ITM Update: Predicting the Future In last weekend’s post I said ‘don’t be surprised if it happens again’ – and guess what? It did! There was a market pullback, and SPY bounced off the 50-day moving average just as I had predicted. I am thinking of starting a new career as a seer. (Just joking) […]
ITM Update: The last 2 days have been ugly . .
The last 2 days have been ugly . . . . and your heart always drops when you look at your account and see that you are worth less than you were yesterday and the day before. Well, mine does anyway! But let’s keep things in perspective. Successful investors like we are have to control […]
Things are starting to look different!
In The Money gives different strategies: the Lazy ITM and the Turbo ITM. How much your portfolio is worth now depends on your decisions about which way to go – plus when you started, of course. The Lazy ITM, the set-and-forget strategy, is now worth $20,500. Up 105%. Nice. But in the April 6 ITM […]
The Madness of Crowds
Hi Everyone!If you have been doing ITM from the start last September you know that having doubled your money its time to roll up and roll out. I have been getting a lot of queries about volume and open interest and how it affects ITM.It will help if we look at open interest & volume […]
What a Boring Market!
Since the start of April, the stock market has been going sideways. While it is completely normal its also frustrating – we want to get on with making profits! Technically, this is called consolidation, and we have a good example of a line of resistance. Three times SPY has bounced off almost exactly the same level: […]