“Another clue and possibly the final piece of the bear’s puzzle will be if they get a negative close on Monday. The S&P has not closed down on back-to-back Friday’s and Monday’s all year. The prior THURSDAY and Monday were down days and this past Friday was a loser. If this Monday ends in a bear victory it could mean money is moving to the sidelines and our predication, or warning of a correction could be on the horizon.
We like to remember the old saying that stocks or the market often take the stairs higher but sometimes tend to take the elevator on the way back down. If volatility picks up like we think it will and the market continues lower, we will be on track for another sweet week.” (4/15/2012 Weekly Wrap/ Monday Morning Outlook)…
If you are not a subscriber but would like to read more please click here. We are one of the fastest growing stock options trading advisors on the internet and we are off to a powerful start for 2012. We offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter and MONTHLY double-digit gains for our Weekly Wrap. Our 2012 Track Record is now an incredible 72-18, or an 80% win rate!
Our list of winners include +475% on AXP, +292% on COF, +171% on FSLR, +131% and +114% on 2 MGM trades, +200% on SGMS, +107% on AFL, +100% on STX, +82% on TSM and +125% on MSFT just to name a few.
Our Weekly Wrap Covered Call Portfolio is 19-0 for 2012. We were 16-0 in 2011. Some of our sweet include +55% on SZYM, +27% on CLNE, +38% on VVUS, +19% on MGM, 18% on DNDN, and 20% on DAR. Remember, if you can make 20% on just 5 trades, you will double your money.