Sanity and a peaceful life is not what today’s stockmarkets are about. One day Crimea. The next day Yellen wants to raise interest rates. One day, pain. The next day, pleasure. Today’s stockmarkets are not for the feint of heart.
Be wary of being caught by too tight stops. I’m tempted to raise many of my stops to 12%. I can’t see an imminent big crash. I remain optimistic, even after yesterday.
My friend picks up a few shekels by selling puts when the market rises and selling call options when it falls. Often he buys them back a day or two later, picking up a little profit along the way. The price of options varies dramatically from one volatile day to the next.
TSA PreCHK is the greatest invention ever. It lets you fly through airport security. No more taking your shoes off. I didn’t even take my laptops out when I left San Francisco on Monday night. For more, click here.
Watch as 1000 years of European borders change. Click here.
What Pakistan knew about Bin Laden. They were harboring him. Pakistan trains the suicide bombers that hurt Afghanistan. It gets worse. You really need to read this engrossing piece from the weekend’s New York Times Magazine by a reporter who spent 12 years in Afghanistan. Click here.
The fastest cell phone data in New York City? Verizon. Laptop Magazine measured in my old stomping ground — the Flatiron District:
For more New York City locations — Verizon wins everywhere — click here.
Harry Newton.
ive found selling puts/calls works pretty well when you have directional conviction on the underlying. if i own FB and know that id add more to my position at 66, i’ll sell puts there. likewise if i know id sell my MSFT at 40, i’ll sell calls there. many corporate treasurers use selling puts as an effective tool during buybacks. these “yield enhancing” strategies can bring in 10%+/yr
No more shoes off…no more laptop out of bag…all for free when you are 75 or over! Due to my medical situation I often can not walk long distances so I ask for a wheel chair and we buck the lines and sail right through TSA with no hassle at all.