Daily Archives: April 30, 2011

Market Condition: Cautiously bullish

Posted on April 30, 2011 by admin

Although the major indexes are hitting technical resistance, Schaeffersresearch.com is bullish in this week’s Monday Morning Outlook. Chartadvisor.com’s author (Joey Fundora) is a bit more cautious in his recent post, due to the overbought market condition. I will tread the … Continue reading →

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Weekly Trading Summary

Posted on April 30, 2011 by admin

Another profitable week.  Other than the covered calls that are already set up, I also traded a few short term spreads. BIDU: I set up a call spread (long 135/short 140) in one account ($85.00/pair of contract) and a put … Continue reading →

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