image
Stratagem
Facebook Twitter YouTube

Having trouble viewing this email? Click here

Prepared by StratagemTRADE.com and Scott
Writing under the nom de plume of J.L. LORD

Thursday | February 20, 2020

Hello Mayumi.

YESTERDAY'S CLOSING PRICES

image
image
image
image

YESTERDAY: February 19

Great Morning!

The major indexes opened up $9 points higher and kept running. A recovery in AAPL after yesterday's lowered earnings expectations, no worse news on the coronavirus, and anticipation of the Fed's release of the minutes all helped run the SPX, AAPL, Dow and NASDAQ higher.

FED

The big news of the day was the release of the Fed minutes which were exactly what everyone anticipated. There were no negative surprises, or positive ones. The Fed is going to stay the course. It is slightly concerned about asset prices (stock market is too high), and the Fed is watching the coronavirus impact on the economy (like it was watching the China trade war earlier). The Dow closed up 115 points, and the SPX closed up 15.86 points. All eyes were on the SPX as it got within 6.50 points of 3,400 before falling, but it was not to be today.

image

TODAY: February 20

Lower

After the Fed released its minutes, the market didn't flinch, but as the day got closer to the close traders started to sense that the 80% chance of a rate cut by September was quickly dropping.

In addition, we had the Democratic debates last night, and the media seems to think Bernie won. Bloomberg spent more money on his 3rd place trophy than China did being 3rd in the Space Race. Bernie is a mess for the markets being a certified socialist, and the closer it seems that he will be debating Trump the more nervous the markets will get.

2020 ONE-YEAR PREDICTION:
Average year with lots of intermittent volatility
(+4.81% so far)

POT Logo


Last night's class went into detail about complicated trades like example #33 A & B. We also discussed the reason and plan for increasing the size of trade examples quantities. We discussed why until last Friday, the deltas were usually under 100, and now 172. Lastly, we talked about the plan going forward.

image

DISCUSSION BOARD

Up and Running for POT students (so far).

Really quickly...

To help in your quest for the best possible options trading outcomes, we would like to know what level of options trading knowledge and skills you currently have. Please click the button below to indicate what level of trader you are? Please skip if you already responded. Thank you for participating.

P.O.T. Schedule

image

LAUGH OF THE DAY

Trading is a tough job on a stomach void of coffee and humor.
You provide the coffee and we will take care of the rest.

image

Disclaimer

For education purposes ONLY. Please read the disclaimer below. We do not care if you agree or disagree with it—that is the rule. ​​​Stratagem Trading (Stratagem: “StratagemTrade.com,” “Stratagem”), and any of its possible affiliates, respective independent contractors, employees, officers, or agents are not acting as licensed financial advisers, registered broker-dealers,tax advisers, etc. (although some individuals may or may not hold a license). Furthermore, they do not provide financial advice, make recommendations, or conduct business by transacting trades. Stratagem Trading adamantly states that nothing in this communication constitutes a solicitation, promotion, endorsement, offer or recommendation to buy or sell any investment, mutual fund, debt instrument, commodity, derivative product or security as described herein.

Stratagem does NOT offer auto-trades. Case studies being provided are historical examples illustrating how a particular commodity, equity, index and/or option strategy could have been implemented. Stratagem Trading is not providing students with real time trading opportunities, nor giving advice. We strongly recommend that you consult with a licensed financial professional for all your financial matters.

COPYRIGHT (c) Material 2019 | Stratagem Trading | StratagemTRADE.com

here.

If you wish to no longer receive our newsletter, you can unsubscribe here.

Stratagem Trading 1000 W. 15th Street #243 Chicago, Illinois 60608 United States