Option Trading Idea of the Week
How Stock Options Outperform Mutual Funds - Video
So here is the video - click here - How Stock Options Outperform Mutual Funds.
At the end of the video, I say that if you want to see the second video which shows how to set up an option portfolio to generate the risk profile graph curve displayed, you must sign up for the free Terry's Tips newsletter. Obviously, you have already done it, so please disregard that statement. As soon as it is available, hopefully next week, I will send that video along to you.
I hope you enjoy the video. I welcome your comments.
Any questions? I would love to hear from you by email (terry@terrystips.com), or if you would like to talk to our guy Seth, give him a jingle at 800-803-4595 and either ask him your question(s) or give him your thoughts.
You can see every trade made in 7 actual option portfolios conducted at Terry's Tips and learn all about the wonderful world of options by subscribing here. Why wait any longer to make this important investment in yourself?
I look forward to having you on board, and to prospering with you.
Terry
Andy's Market Report
I am going to keep it short this week, but will be back next week raring to go with a full report.
The market declined this past week which was not really much of a surprise given the recent advance. The stock market has been on a tear since it hit a 12-year low on March 9th. The S&P has gained 60.6% since the low.
Nine of the ten major sectors finished the week lower and as a result the S&P declined 0.2% for the week.
The S&P 500 (SPY), Dow (DIA), Nasdaq 100 (QQQQ) and Russell (IWM) declined 0.2%, 0.1%, 0.7% and 2.5%, respectively. For the year, the S&P 500 is up 20.2%, the Dow has advanced 13.6% and the Nasdaq is leading the way with a 36.6% gain.
Technically speaking, the major indexes had moved into a short-term overbought state coming into the week so the decline, as I stated before, was not unexpected. This is typically what occurs when the market is in an "overbought" state. Currently, on a technical basis the market is in a short-term neutral position so there really isn't an edge on a short-term basis.
Andy
Overbought/Sold Condition Report
Overbought/Oversold as of October 24, 2009
Major Benchmarks
- S&P 500 (SPY) - 45.1 (neutral)
- Dow Jones (DIA) - 50.7 (neutral)
- Russell 2000 (IWM) - 34.6 (neutral)
- NASDAQ 100 (QQQQ) - 58.7 (neutral)
Testimonial of the week
Nice Job so far! I'm standing aside during testing... Sometimes paying more is a better bargain that catching the falling piano!
Paraphrasing Helen Keller "When one of life's doors closes, another opens. Unfortunately, many people spend too much time staring at the closed door."
-- Bob
