
As you have been staying close to the markets you have notice that the rally that drove the stocks to record highs took a rest this week as we investors tried to figure out where things are going next.
Based on results from Dow Jones Newswires' survey of economists, the upcoming wave of economic releases should continue to reflect improving conditions, ranging from the number of homes being built to regional factory activity.
Friday recorded the second straight weekly loss of the DJII. Simple market logic would tell me that investors could be nervous that stocks are overpriced and growing faster than profits can justify.
But I honestly think it's the fear and uncertainty about what the Federal Reserve will decide this week. Come on it's Christmas . . . .
Investors believe the Fed is on the brink of reducing its bond-buying stimulus program -- either as soon as this coming week or in early 2014 -- so any sign of economic weakness could tilt expectations to the latter.
Will they reduce the economic stimulus that has boosted stock prices for so long?
There's a lot of economic and news coming out for Europe this week, but for the United States we are going to be looking at the Fed on Tuesday and Wednesday.
That will be the crux of everything this week. After this we have the GDP month over month coming before the markets opened Friday morning.
As for right now, it's the Federal Reserve meeting.
Everything has built up to this and there's nothing else to write about at this point.
I would really like to hear from you and how you're doing and maybe what I can do to improve the service. Remember me talking about trading/investing is like running a business? Well to get a general feel of your business and what your customers are thinking. It is good to pay attention to earning of others business it helps set the mood of possibility of your customers/consumers also.
So how did we do this past week with SLOW MONEY OPTIONS? As some of you know I was trading for the past 4 weeks in Alaska. The 3 hours earlier that Im use to and the cold and dark days took its toll on me and I became sick. I have to cut my stay short by several weeks and fly back to Memphis to see my Dr. That is the reason I dod not Slow Money Option Trades this last week I was traveling making it impossiable to monitor my trades. Good news Im back in a greath health and wishing all the same through out the year. My advice is when you feel like crap you'll probably trade like crap. Any way just dont trade.
Remember always take 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.
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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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