Markets at all time high

Wall Street will climb a wall of worry this coming week.  Next Friday's unemployment report and the hefty spending cuts that look like they might take effect will be at the forefront.  My thinking is, there's just not enough there for an extended bull run. If we do break through (record highs), then maybe the charts and price action are telling us there's something better ahead. Thats when opinions count.  Stock buyers are getting concerned about this year's rally. While investors(?) don't want to miss out on gains, they're picking up companies that are less likely to decline as much as high-flying names - if a market correction comes. There is some concern that growth-oriented names are being eclipsed by defensive bets.  Investors will also take in a round of economic data at a time when concerns are percolating that the market is being pushed up less by fundamentals and more by loose monetary policy around the world.

 This weeks main economic event will be Friday's non-farm payrolls report for February. The U.S. economy is expected to have added 160,000 jobs last month, only a tad higher than in January, in a sign the labor market is healing at a slow pace. The U.S. unemployment rate is forecast to hold steady at 7.9 percent.

  
Last week was a pretty easy week for Slow Money Option Traders. This week I am going to attempt to do live video on how I set up, read bollangers band, execute the trade and watch if for the last 2 days.  That is if I can get my computer to cooperate.

So how did SLOW MONEY OPTIONS do for the week?  I had announced 2 trade recommendations on Thursday.  The SPY call trade  received 4 cents credit, The AAPL trade 4 cents credit.  Enough said.

It also seems I could have left everything alone and waited till Friday I  would have made twice the return but I like consistency.   Remember always do the more conservative spread is the reason that I give you choices.  What I do is take all my recommendations just split the money between choices. You can trade just enough to give you an extra days results of trading or trade enough to give you a weeks worth of trading.  The choice is yours take responsibility.

I am trading weekly options to help you grow your portfolios a little each week. We are either making money or not losing money.  Thank you for letting me serve you, I consider it a privilege to work with each of you.  I strive to make a successful trade one week at a time.

 Are you making money? If not why not trade with me. Remember the goal is to make money NOT lose money . . . Duh . . . . . . . Take a look and see how Slow Money Option Trading went https://docs.google.com/spreadsheet/ccc key=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&authkey=COb7xdMJ 

Remember if your not a paid up member of the Fast MoneyTradingTeam you will not get the weekly Slow Money Option recommendations. Yes, I expect to publish Wednesday,Thursday or Friday my weekly option trade to the paid up members.