Newsletters
Spooky Market Halloween Terms
If you think the stock market is scary, check out these spooky trading terms… no need to wait for Halloween! October is commonly held as the most volatile month of the year, with standard deviation of monthly returns 33% greater than the average for the other 11 months. At DayTradeSPY, we put volatility in our favor and tend […]
The Power of Options
Stock options are financial contracts that give the owner the right, but not the obligation, to trade the underlying asset for a certain price by a certain date. Many people reading this newsletter are just entering this exciting world of making money on the stock market. Many, as myself, started out investing in stocks. Upon […]
Black Swan Events
The term “black swan event” was popularized by financial thinker Nassim Nicholas Taleb through his book, Fooled by Randomness. It refers to an unforeseen or rare event that has a significant impact on financial markets. In the context of trading, black swan events can lead to extraordinary profits or devastating losses, usually catching investors off […]
Trading Goodwill
My wife and I recently had dinner with another couple at a local restaurant made famous by their chicken wings. In fact, it was Buffalo’s Anchor Bar that went down in history as having invented this culinary delight. Personally, I never cared much for chicken wings. This useless, non-nutritional fatty and boney part of the […]
We Did It… We Turned $5,000 into $50,000 in Less Than a Year!
They laughed at us. Said it couldn’t be done. They ridiculed us, called us liars and thieves. “It’s impossible, Hugh… you’re delusional!” Well, you can’t argue with someone smarter than yourself, I suppose, so I let the naysayers be. But one fellow that had faith and confidence in our system asked for assistance, and I […]
Living the Dream
My wife and I, along with some friends, recently took a trip overseas. A quick stopover in Amsterdam, and then we flew onward to Munich, Germany. We toured the city, most impressed with the amazing tour of the Dachau Concentration Camp Memorial. This is a must-see for every living human being, lest we forget this […]
Goal Gradient Effect
I never thought I would ever use anything from my college psychology courses, but I will draw on one interesting concept I will never forget. The Goal Gradient Effect, in short, says that when the end is nigh, people are motivated to go faster. In the aviation world, we call this “get home-itis.” I first […]
End of Summer Trading
Labor Day has always been the most emotionally down time for me. It saddens me that those long days on the beach, fireside chats on the porch and drives out for some ice cream are now pushed back into memory as summer is officially over. Not sure how nature knows it, but as soon as […]
Why the Markets Don’t Make Sense
They say figures don’t lie, but liars figure. If statistics prove anything, it’s that you can make statistics prove or disprove just about anything. Analysts at Investopedia pulled closing prices for the S&P 500 from 2000 to late 2024, suggesting that November is the strongest month, based on average returns. September is the weakest, showing […]
Same Day vs. Longer Out Expirations
There appears to be much interest in same-day expiration options (0DTE). This is a topic I wrote about in the past but merits revisiting. Zero day to expiration options are extremely exciting, adrenaline inducing, high potential trades and yes, you can make a lot of money. We have executed many of these trades in the […]
