22% profits in NFLX short call spread for The Steady Trader members
Last Friday our out of the money short call spread trade in NFLX expired worthless, meaning we got to keep the full $1.10 credit we took in when opening the trade. Net profits on the model portfolio was 22% on this trade, or $220. Well done to all that participated.
How I am trading the S&P 500 around the Fed
Steady Trader Serge Berger will be keeping a close eye on the S&P 500 this week as he is looking for an opportunity to short the index after the FOMC announcement on Thursday. The US equity index has been trading in a wide range since the big sell-off in August and in the mid-term could […]
Chart-Book: Trading ranges tighten in quiet before the storm
It was an uneventful start to the week on Monday as traders understandably weren’t looking to take on much risk ahead of this week’s big economic data points and some participants were absent due to a Jewish holiday. Futures in many markets have been chopping back and forth in tight ranges in recent days, and […]
The market’s important shift explained. Do you have a plan?
Learn Serge’s strategies for volatile markets. Take the course that has helped hundreds of investors just like you become profitable in bull and bear markets. Hey Traders and Investors When markets shift posture, whether its from a bull market to a bear market, from focus on earnings to focus on global events, or from a low volatility […]
Booking 5% profits on Dax and 4.80% profits on S&P 500 ETF
A good trading week last week allowed me to book 5% profits in the German Dax and 4.80% on an S&P 500 ETF. Read the analogy and rationale of the Dax trade HERE
Most important week of the year: stay calm, pick your spots and be patient
Some USD 5 trillion has been wiped off the value of global stocks since China devalued the yuan two weeks ago. The Shanghai index fell more than 8% today, a sell off which has Western investors increasingly worried. This week could be the most important one for active investors for all of 2015. It now […]
Special Webinar Invite: How to Profit from Volatile Markets in September and October
Presented by Serge Berger , Head Trader & Investment Strategist, TheSteadyTrader.com WHEN: Aug 26, WED @ 4:30 PM (your local time) Register HERE Event Details: The year-to-date going for US stocks had been lethargic at best, until recent. After another sharp rally in 2014 stocks came into 2015 technically over-extended, tired and scared of an interest rate hike. This setup […]
Serge discusses $TSLA $SPX and more on Benzinga Pre-Market Prep
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My call for this week: The case for a summer-end rally. But respect last week’s lows
My call for this week: The S&P 500 travels back to the upper end of its range, i.e. 2,120 – 2,140 while a daily close below 2,050 would be a last minute stop-loss level fas below there the proverbial trap door likely opens toward 1,980 – 2,000 Despite what I think could be a […]
Market’s Path of Least Resistance is Up in the short-term
For perspective allow me to once more reiterate my three reasons for why stocks could continue to rise into late August: Seasonal strength in mid- to late August; A tendency for stocks to rally into monthly options expiration (with the next being on Aug. 21); and Overly bearish investor sentiment. Thanks to Wednesday’s V-shaped bullish […]