This month I lost money on many of my cash-secured puts. Too many stocks declined below the put option strike price and I had to buy the puts I sold back at higher prices. Selling puts is equivalent to buying stocks and selling call options on the shares. I learned again the lesson not to [...]

The QQQQ short term up-trend is now in its 4th day.  However, there were only 4 new highs and 100 new lows in my universe of 4,000 stocks on Friday.  Still, 58% of the Nasdaq100 stocks closed above their 30 day averages. The GMI closed at 2 (of 6) and the more sensitive GMI-R is [...]