BMF Show Slow Flow 07.05.2022
Happy 4th of July with a dividend
OP Mentoring will have a Div+ Portfolio preview this Wednesday at 7pm. Be there! Yo Pit Crazies, I spent my 4th of July with friends and dinner was in the boathouse … Pretty nice! I also spent the morning helping fix up an old barn … So, two totally different experiences on the same day. […]
The Weekend is in Effect
Yo Pit Crazies, I love my trading students. I think they are the sharpest bunch out there. As we gear up in OP Mentoring for the Div+ Portfolio Strategy, ideas are already pouring in. The big item for today is the Weekend Effect. You see, Friday was a killer … I will explain it in […]
Big Money Flow 7/1/2022
https://vimeo.com/726089707
Think About It
Hi Shoppers, I don’t have a lot of time so I’ll keep it short and sweet today. I have a nice quote for you to ponder and a trade idea. Please do yourself a favor and take a few minutes to think about this and who said it: “What a wonderful thought it is that […]
Dumping my AAPL and AMZN
Yo Pit Crazies, I dumped the last of my Apple Inc (Ticker: AAPL) and Amazon.com (Ticker: AMZN) shares on Thursday. I scaled out of most of them in 2021 but I had a decent amount left and decided that this was the end. We talked about this during the Mid-Year Trading Recharge on Wednesday. It […]
An Historical Quarter
Yo Pit Crazies, We just had a historic quarter in the S&P 500. And not in a good way. The SPX is off to the worst start in 40 years. Realized vol is at crazy levels not seen since the pandemic or the near collapse of the Euro a decade before that. So, we need […]
Managing the Short Put in perilous times
Yo Pit Crazies, If you want to reset your portfolio for profits, take a gander at my Mid-Year Market Recharge at 8 p.m. tonight. Yes, it’s my birthday – but this is too important for me to miss. What is the secret to trading options for 30 years? Find out here. […]
BMF Show 06.28.2022 MRO
How to sell puts
Stocks took a breather on Monday after the explosive Friday rally. Investors, it seems, don’t think Fed Chairman Powell will tank the economy unnecessarily by jumping rates even further. In a lot of ways he’s already succeeded. Mortgages are effectively doubled back to 2008 levels. Stocks were down over 20% from the […]