The most hated bull market in history

Markets ended the week at record highs, but can they keep on keeping on or will market naysayers get the best of them?  It seems like market highs will never end and that happy days are here again. If this market was any less tense it would be absolutely sound asleep. It’s drifting higher…things are perfect and if history’s been a judge that means it’s an perfect time to take some off the table. Markets responded to lots of positive M&A activity and the ECB going negative with rates, which marks a first for a major central bank.  U.S. and China trade tension is heating up once more. We had the tariffs on solar panels, but to me that’s kind of the undercard of the main event.  Which is China’s continued verbal crackdown on big U.S. technology companies.  M&A activity continued to strengthen this week. We had a bidding war escalate this week for Hillshire brands, and you also have Sprint and T-Mobile looking like they’re going to make a real go at trying to merge. I believe this to be typical late Bull market behavior.  The debt markets are not going to get any more generous than they are right now and companies they have the cash and have to move. Watch out for an upward spiral of this activity over the summer and fall.

The big question next week is whether or not the market can continue to defy the skeptics. This has been the most hated bull market in history, it’s been five years now that people have been betting against it saying it’s a bubble, it can’t continue and yet it keeps going higher, Im expecting new highs next week. This is a market where you get in trouble if you over think it, which means it’s time to put on some technical indicators. Just follow that uptrend. Markets are up around 105%+- in five years with uptrend.  

My results for the year are posted so you can see what and when I traded weekly. https:/docs.google.com/spreadsheet/ccckey=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&usp=drive_web#gid=0 

(SLOW MONEY OPTIONS)

https://docs.google.com/spreadsheet/ccc?key=0Aj-gjBJLwH3rcjJqRndVSlBzY2hNenM4YXZQT1FBZEE&usp=drive_web#gid=0 

 (FAST MONEY TRADING)

You know I had some good days and some bad, some good weeks and bad.  But I have a trading plan, goal and consistency in my trading and that is what I'm trying to teach you.  I believe each of you can do the same thing it takes discipline.   Remember me talking about trading/investing is like running a business? 

So how did we do this past week with SLOW MONEY OPTIONS?  Not sure what went wrong with my SPY trades early Thursday morning looked like SPY was stalling out as usuall. The Puts worked as expected making 5% and the calls 194.5/195 which I had sold for .07cr..  Well I was watching the bollenger bands and it just keep aiding out I finally closed that trade out @ .15 cr. for a  8 cent loss.  Later in the day I sent out notice to subscribers that I had followed my rules and closed that call spread out with a loss but now have decided to sell the SPY 195.5/196 @ .07 cr. This was way to much excitement for me.  I would much rather just have a 3% consistence trade every week that this kind of excitement. Remember you will live to trade another day if you don't get greedy and learn to take a small loss to be right.  I'm in this for the long hall and will not take undue risk. 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. 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.