business | Catholic Subsidiarity

Trade Recap

jadep — Sat, 09 Feb 2019 18:17:25 +0000

I’ve been stopped out of the market. I’ll give an analysis below. First a trade recap. We’ll start with an account balance of $3600 to make it easy. Bought at $36. Sold at $49.50. Profit: $1350 Bought at $40. Sold at $36. Loss of $400. Net Profit: $950 Percent return: $950 / $3600 = 26%...

The post Trade Recap first appeared on Catholic Subsidiarity.

Market Update

jadep — Sat, 12 Jan 2019 16:32:50 +0000

I’m writing this while also looking at the charts. My current situation is that I am out of the market. I bought SDS at $36.11, and sold at $49.75. I was actually a pig and should have gotten out sooner. My trade executed after-hours, and we rallied the next day. Even though I escaped with...

The post Market Update first appeared on Catholic Subsidiarity.

Found the Lehman

jadep — Fri, 16 Nov 2018 23:34:41 +0000

I think I’ve found the Lehman Bros. It’s GE. Keep an eye on them. They are getting hammered.

The post Found the Lehman first appeared on Catholic Subsidiarity.

Short Again

jadep — Fri, 09 Nov 2018 18:31:29 +0000

SDS at $36.11. Looks like the S&P topped out at 2815. Current “model” target of 2400, which I’ll tighten up for a sell target. I’ll study it today and put the limit sell order in. A rally here that breaks above 2900 proves me wrong, so that is my stop loss. Major threat is a...

The post Short Again first appeared on Catholic Subsidiarity.

Back to 2800

jadep — Wed, 07 Nov 2018 19:59:47 +0000

Nice snap back rally. You all sold half, right? Right? Fear getting replaced by greed, the binary dance of the stock market. Anyhow there are two technical levels, 2832 and 2850. My “model” says one of those will end the snap back rally. I’m marking 2750 as an entry to get short again with an...

The post Back to 2800 first appeared on Catholic Subsidiarity.

All Quiet on the Western Front

jadep — Mon, 05 Nov 2018 23:24:27 +0000

Market is in the middle of the relief rally. We hit the 2750 level, so hopefully those who were looking to sell half got out. We’ll see what happens Wednesday. Since we all love predictions, I’m going to predict that the Repubs keep the House. Even if that were to occur, I think you can...

The post All Quiet on the Western Front first appeared on Catholic Subsidiarity.

Rally!

jadep — Wed, 31 Oct 2018 14:55:04 +0000

Pretty explosive rally finally. And now your fear turns to greed. I’m actually evaluating it to look for a short entry. Elections kind of screw things up. I don’t want to short and then have the Red Wave hit. Do you want to get greedy and have the Repubs lose the House by one representative...

The post Rally! first appeared on Catholic Subsidiarity.

Corporate Crap

jadep — Mon, 29 Oct 2018 00:01:36 +0000

Great article on ZeroHedge: https://www.zerohedge.com/news/2018-10-28/desperation-move-ibm-buys-red-hat-34-billion-largest-ever-acquisition So back in 2012, IBM virtue signal hires their new CEO, “Ginni”. She was paid $35 MILLION last year. During that time the only thing she did was buy back stock paid for with debt. Here’s their debt: Now she has bought a cloud/Linux company paying 32X EBITA, which is...

The post Corporate Crap first appeared on Catholic Subsidiarity.

Podcast Ep. 50 Embrace the Bear

jadep — Wed, 24 Oct 2018 00:28:22 +0000

Ep. 50: Embrace the Bear My thoughts and strategy for the new Bear Market. Download Link: http://traffic.libsyn.com/catholicsubsidiarity/Ep_50_Embrace.mp3

The post Podcast Ep. 50 Embrace the Bear first appeared on Catholic Subsidiarity.

I Love Bear Markets

jadep — Tue, 23 Oct 2018 14:02:31 +0000

Well, SDS just took out my sell price of $37.95. That was a quick 5% gain in a few days. Currently out of the market waiting for the rally. Bottom support somewhere around 2650. I’ll reenter short around 2800 on the S&P. If you are sweating, you may get a chance to SELL HALF in...

The post I Love Bear Markets first appeared on Catholic Subsidiarity.