Sunday, June 16, 2013

What will Bernanke do?


Investors  are eager to hear from the Federal Reserve about its plans for continuing economic stimulus expect some soothing words from the U.S. central bank next week.  Bernanke is unlikely to tip his hand about when he may begin to scale back his bond-buying program, but policymakers still may be inclined to try to tamp down recent volatility in financial markets with some mention of the issue.

The coming week probably will offer a bit more clarity,  but not the details we would be hoping for. Im betting that the Fed may want to say something to remove some of the markets' anxiety.

Professional Investors worry speculation about the Fed's course may have been enough to spark the long-feared pullback in stocks, which have rallied for most of this year. Even with recent losses, the S&P 500 is up 15 percent for the year to date. You Fast Money Traders and Slow Money Option traders are up more that that.

So how did SLOW MONEY OPTIONS do for the week?  I had announced 3 trade recommendations on Thursday.    My SPY put spread for 5% return did fine. The AAPL put spread did fine with a 5%.  The AAPL call spread 10% and the put spread 4%.  RULES, RULES, RULES but I like it. 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. 

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I hope you will learn from my years experience as a professional trader.