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: […]
Stock Market Update
As noted in last week’s post the charts are not flashing any major warning signals, but it is good to also keep an eye on the general market conditions and outlook. One of the people that I watch is the Calafia Beach Pundit. He posts only once or twice a month but it is always worth […]
ITM Extra May Update
Well, things looked a bit grim during the week, and I had several worried emails from readers – is it serious? should we get out?Things can get worrying, that’s why it is important to keep our emotions in check. I get that it can look scary from time to time. I really do. But we […]