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Christmas Trade

Is doing well. Remember we hold that trade, until jan 15. So getting out of the trade is coming up. This was posted in the first week of DEC. “Just looked at the Christmas: March 15 2024 DIA Strke price 361 (one strike price in the money). 1 contract $11:15. SINGLE CALL option. Nothing to do with Vertical Spreads. Just a reminder about the Christmas trade. Since 1950 the DOW (market) has gone up 9 percent during the period Dec 1 through Jan 15th. 9% is great, but if we use an option on the DOW (DIA) we can make more money. Often 30-80 [Read More Now...]

January Barometer

The January Barometer has been fairly accurate since 1950. A tremendous history of correlation, and hint as to future direction. Basically, the J.B. has 2 parts. First 5 days of Trading. The second part 30 days of training (month of jan) Since 1950 there has been a pattern, that gives you a preview of how the stock market may go for the next year. It is called the January Barometer. Basic, you look the the S and P 500 (SPX), and see what it does in January. Both the first 5 days of trading and the whole month of trading. And see what that [Read More Now...]

Day 44. Feb expirations

Some notes: Chart. V. Candlesticks. 2 dojis. May be a sign of reversal. Support and Resistance. 2070 resistance. 1950 support. 2000. if breaks 2000, likely dropping to 1950. Overnights were negative. so might be a down day. Positions: VPut at 1715/1725 at 30 cents. AND Vertical Call 2250/2300 1.90 (50 point [Read More Now...]

Day45: jan expiration

Hey. The Christmas trade is off to a good start! But here is the Jan vertical trade: 200/50-day moving average is still down trending. Although since the actual. price is above 50 and 200, should over the next little while move to breaking on the upside. 20/5 day is up trending. Chart. upside down head and shoulders. 1800 neck line. broke so should move up. remember the kiss good bye. so we may see a retracement back, then a major move up. or it could just continue. candle. solid up pearcing pattern. 1880 min resistance. 1900 major resistance. [Read More Now...]

Christmas Trade

Just looked at the Christmas: March 15 2024 DIA Strke price 361 (one strike price in the money). 1 contract $11:15. SINGLE CALL option. Nothing to do with Vertical Spreads. Just a reminder about the Christmas trade. Since 1950 the DOW (market) has gone up 9 percent during the period Dec 1 through Jan 15th. 9% is great, but if we use an option on the DOW (DIA) we can make more money. Often 30-80 percent. 8:1 leverage. We get the power of LEVERAGE. Options leverage. A couple of other notes: Create a STOP. the maximum you are prepared to lose on [Read More Now...]

Day 45: Dec expiration on the RUT

Some notes: Overnights. Asia flat. Europe is slightly up. The USA should be up slightly. 200/50 MA. Trending down 20/50 MA. trending down Support at 1650. Looks like it may go sideways. Resistance 1710. It was a flag down (big W-sideways). 68% continues down. And it did. Candlesticks. Sort of a harmi. But there is a good chance it will continue down. Profit taking. it is at the bottom third. 10:50 am. Positions: VPut 1400/1350 $ 1.80 (50 point spread). VCall 1870/1880 .30 cents. PS: what about NOV PUT? 1550/1500 is my spot. A little worried. [Read More Now...]

Pushing past Procrastination

Staying motivated and focused on your goals requires consistent effort and the right mindset. Here are seven steps to help you maintain your motivation and keep your eye on the prize: 1. Visualize Your Success: Start each day by taking a few moments to visualize the successful completion of your goals. This mental exercise creates a positive association and reinforces your commitment. 2. Set Clear and Achievable Goals: Break down your main objectives into smaller, actionable steps. This makes your goals feel more attainable and provides you [Read More Now...]

Day 45: Expire November Vertical Spead Options

Hi folks. Trade day for November Credit Spread options. Some notes: Seasonal Patterns? Well, usually, sept is a down month 67 percent of the time, and guess what. It was. We anticipated OCT-Mid jan up. But remember, technicals are more important. 200/50-day moving average is still on an uptrend although converging (going sideways, and may move to the downside). 20/5 day moving average. Down. Charting channeling sideways after a downtrend. So “flagging” to the downside. About 62-68 percent of the time this will go down. 32-38. [Read More Now...]

Day 45: Sept expirations

Some quick notes 200/50 moving average up trending. 20/5 day average Up trending. Overnights Europe up, Asia mixed. chart: flagging or stair step. Candlestick pattern: Up candle today. pressing 1997. trying 1730/1740 for 30 cents. trying 2200/2250 for 1.50 Update: 11:30 am Vcall at 2200/2250 for 1.60. and VPut at 1750/1760 for 40 cents. PS: we are getting close to 2000 resistance. And keep in mind Aug expiration. If it gets to 2050, we may need to do an [Read More Now...]

Rut Trade Expiration Aug

Some quick notes: Overnight were mixed. Asia is up, Europe is a little down. 200/50 MA. Continues to fux. Up and down. Right now down, but getting ready to cross to the upside again. This when I am thinking about a Protective Put. The cause is crosses a few times, before eventually crashing or up. 20/5 ma is uptrending. Chart. Sort of 3 white soldiers. And then doji. Downward pressure. Could reverse. Beginning of sideways? could be. a flag. Escalator? Cande. doji Positions. 1640/50 for 30 cents. And want 2100/2150 for 1.50 (but not likely). So [Read More Now...]

Credit Spread Trade-Rut Expiration July 2023

Some quick notes: 200/50-day moving average is up trending. Although it is crossing back and forth. This happens at significant reversal points. 20/5 day ma. is up-trending. Candlestick. Looks like bearish harmi today. Looks like 1830 for resistance and 1700 for support. Chart. a mess. Strong sideways action. Triple tops, and bottoms. Flag? Down? Longer term. Tested positions and got Update 1030am. Positions for July expirations Vcall at 2020/2030 for 30 cents. Vput 1530/40 for 30 cents. PS Summer months are slow. choppy. May 1 to Oct 31. [Read More Now...]

Day 45: june expiration

Notes: So looking at around 1500 or less for 30 cents. And 1950 or above. 200/50 is crossing back and forth. was un uptrend, and now a downtrend. 20/5 day moving average is positive. 3 white soldiers (candle sticks). Look for what happens on day 4 (if u don’t know what that means, get some stock education). Charting. a bit of mess. triple bottom? W pattern. Flagging longer term? So that would indicate a future downtrend (62-68 percent of the time). Paper traded, filled at 1950/1960 for 35 and 1500/1490 for 30 cents. Overnight markets [Read More Now...]

Day 45: May Expirations on RUT

Some notes: 200/50-day uptrending. 5/20 day downtrend. The flag pattern broke to the upside. Maybe an ugly W. double bottom. Kiss goodbye? Coming? Candlesticks. Strong up candle. Looking at 1500/1550 for 2.00. and 2040/2050 for 30 cents. Positions: Vcall 2040/2050 for 30 cents (example 10 contracts). Vput 1550/1500 for $ 2.00 (2 [Read More Now...]

Day 45 March Expirations

Hey folks. Sorry for the delay in posting today. Traded this morning but been busy with some projects and meetings. Here you go. Notes: 200/50 Day Moving Average. is crossing to the upside. HOLLY Cross. Now don’t get too excited. This happens, and then it can go down. But it could continue to increase, and we would see a rally. 20/5 is up-trending. Charting? Either longer term stair step up. or perhaps, a head and shoulders. Candlesticks. Two FAT dojis, Downtrend today. Asia is down, and Europe is down. Like a downtrend today. 10:30am [Read More Now...]

Day 44 Feb expiration

Jim Francis
Well. the market was closed on Monday. So, getting a slow start to the year of trading. But testing. Testing: Vcal 2030/2040 and VPut 1500/1450 (only 50-dollar spreads available). Some notes about the market: Asia and Europe are slightly up. Could it be choppy with a slight up bias? Chart. Sideways action. Doji and hammers. Support 1722, Resistance 1776. Choppy but looks like a downward flag. FILLED Vcall at 2030/2040 at 30 cents. Vput 1450/1500 at $2.00. Remember the Gross numbers need to balance 5 Vcall contracts (10 dollar spread), and 1 [Read More Now...]

January Barometer

Since 1950 there is has been a pattern, that gives you a preview of how the stock market may go for the next year. It is called the January Barometer. Basic, you look the the S and P 500 (SPX), and see what it does in January. Both the first 5 days of trading and the whole month of trading. And see what that correlates too in the the past. The first 5 days of trading, give you about an 85% correlation, and 90 percent plus for the month. Therefore, if the SPX goes up in the first 5 days, 85 % chance that will be the direction for the year. If [Read More Now...]

Day 45 Feb Option Expiration

Good morning. Trust you have a great day trading. Some notes: 200/50 Moving average.Right at the cross. Little uptrend movement right now.30/10 crossing to an uptrend. Chart. BIG W. it is right at the neck line. right hand side. breaks 2280/2300 on the way up. Flag pattern too. on the right side. 2230 and 2280 are support and resistance levels in this flag. Thinking about doing a flag trade (play both sides, if it breaks up or down). Tested a couple spots. 2440/2450 at 30 cents, and 1900/1850 at 1.60. paper test. worked. You could do 1900/1910 [Read More Now...]

Day 45 Expiration Jan 2022

Trust you are having a Merry season. So January is always an interesting. Notes and trades: Normally. I do not do a Jan Vcall because the market tends to have a big surge, in the last part of the year. That why we do the Christmas trade. Unfortunately, Dec 1-jan 15 is no uptreading (yet). That seasonal pattern has been very consistent since 1950. Tested VPUT at 1620/1610, 30 cent, all the way down to 1560/1570 all that 30 cents. And after 20 mins or so, the all filled. Pretty sure you can be sub 1600 for 30 cents. Tested 2440/2450 at 30 cents. [Read More Now...]

Day 45 Sept Expirations

This for my Credit Spread students. Notes: 200/50 Day moving average is still up trending although starting to curve. 10/30 is up trending. Long candle stick up and dojo forming at the upper one third, could be profit taking. may continue. up. Uptrending last couple days. Testing 1900/1890 for 35. 1890/1880 for 30. 2510/2520 for 30. FILLED: VPUT at 1900/1890 for 35 cents, and VCALL 2510/2520 at 30 [Read More Now...]

Day 45: Credit Spread Sept Expiration

This is for my Credit Spread (cash flow) students. Potential trading. The overal market: Over Market economy is generally good. Some scare about delta variant.SPX January Barometer, mostly sideways. Actually 50 points up. So this should be an up year. 200/50 up trending. Broke the 50 day moving average. 30/10 down trend.Chart. Sideways. BUT look at the M (double top) pattern, with maybe the kiss good bye? Support 2200, Resistance 2250. She is getting ready to break out one way or the other. Candlesticks. up patterns. penetrating. Look at the [Read More Now...]

Day 45. Credit Spread Trade

Monthly cash flow trade. First, a quick update on the RUT (Russell 2000). Some notes: World Economy is generally good. January Barometer was sideways. 200/50 Moving Average is up. 20/5 Moving average is down. Chart is a potential M pattern. Candlestick, downward piercing. Sideways action. Support about 2280 and Resistance 2350. Remember your Alerts. Testing. 1920/1910 and 2530/2540. Update 10:07am Positions: VPUT 1910/19020 for 30 cents, and VCALL 2530/2540 for 30 [Read More Now...]

January Barometer

The January Barometer, has been fairly accurate since 1950. A tremendous history of correlation, and hint as to future direction. Basically, the J.B. has 2 parts. First, if you look at the first 5 days of trading in January, it will give you a STRONG bias as to the this years direction for the over stock market. With about a 85% plus correlation. If the market goes up in the first 5 days of trading, the market will be up for the year. If it goes sideways, then the whole year will generally go sideways. If down, then 85% plus, the market will [Read More Now...]

Christmas Trade

Jim Francis
OK. This pattern has been around for 70 plus years. From Dec 1 to Jan 15th, the DOW JONES tends to go up on average 9 Percent. Since this is a historic pattern. We can profit from it. In Fact, I just read an article by Larry Williams, from http://www.stockcharts.com that went into more detail about the month of Dec, and addition patterns, some, winning 90 percentage of the time. But the basic pattern, can be played for success. Here is the way to play it: We are going to play an option. Options have hirer leverage, therefore we can make more [Read More Now...]

The Doji and the Hammer

The first “candlestick” patterns, I teach are always, the hammer and doji. Find below, my cheat Flash Card for the hammer and the doji. It gives u a little more detail about the pattern. But basically the hammer and doji are a sign of reversal. Lets take a look at three possible scenarios. Down, Up and Sideways. Downtrend. If the market is moving down, and we see a hammer or a doji, that is usually a sign of reversal. See below a couple examples. Downtrend Reversals Uptrend. The opposite is true for uptrends. Generally speaking the [Read More Now...]

200 50 Day Moving Average

The major technical indicator in the Market is the 200 and 50 day moving average. If the stock or index is going up (prices), and it crosses, generally that is considered negative (the death cross). The death of the stock or index. If the after a down trend, which we had in Feb and Mar, it cross toward the bottom, and or on the way up, it is considered the holly cross. The stock or index is positive. Well recently, last couple days, the average crossed, indicating the market is on an uptrend. And hopefully, continues up. But a word of caution. [Read More Now...]

Cash Flow Strategies. 147 of them. :)

Loss of Income? Furloughed? Need Extra Money? 2sd Income? Does not really matter. Find attached over 147 money making ideas. Just a few: Sell your junk (treasures) on Ebay. Build an Amazon store. Rent out that extra room, or garage space. Rent out your car. Get paid to put signs (wraps) on your car. Trade for a living. Buy real estate for no money. Get paid for you opinion on products. And many more. Click Here and Down Load the [Read More Now...]

11 Wealth Strategies

Recently my friend Bill Bronchic (real estate expert) and I, (financial), did a 1 day ZOOM training. Highlighting issues and opportunities right NOW May 9th 2020. As part of that I went through about 26 strategies (and more). Here are few you might want to borrow: Specialized Knowledge. Napolean Hill had it right. You need knowledge about real estate, stocks, options, and financial choices, before you build a plan. You must have the big picture in mind, before you get into the little details. Strategies. Wealth Wheel. There are 6 basic areas [Read More Now...]

CANSLIM Growth Strategy

No one style of investing fits all people, but I subscribe to the 45/45/10 Investing Method. 45% of your investing should in CASH FLOW strategies, 45% growth strategies, 10% (or less) in higher risk, higher reward strategies. One of the first “systems” I learned in my twenties, was the “CANSLIM” method of investing. A system developed by the founder of “IBD”, Investors Business Daily. This system works very well in an up-trending market, OK in a flat market, and poorly in a down trending market. All stocks, [Read More Now...]

Stock Market Leverage

Jim Francis
Strategy: Leverageโ€”tool of the rich.  I talk about the Wealth Wheel: Education, Cash Flow, Growth, Big Hits, Leverage, Taxes and Asset Protection. A key element to the Wealth Wheel is Leverage. The ability to take something small (capital, opportunity, energy or intellect) and leverage the item, into a huge result.  Leverage is an important element to wealth, and even success. Taking limited resources and using them to capacity. Whether in business, real estate, the stock market or life, this is a philosophy and strategy you should [Read More Now...]
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