Support Bounce?

Hopefully everyone had an awesome weekend. I saw the movie "Invincible" this weekend. The one about Vince Papale. Hands down one of the best movies I have seen in awhile. I highly recommend it. I also had a decent turn out for this mornings session on option pricing (THANKS!). How about that market this morning? Are we really bullish on the market? This is what has me curious...take a look at the Dow...

I think if we can sustain this support we might make a few decent moves this week. However, you will want to watch out for the Fed minutes tomorrow and unemployment data on Friday. If we see some more positives on inflation, we might start trending again.

I will provide a watch list later today for stock to keep an eye on. I also received a suggestion to do a top ten list relative to our discussion on options. Sounds fun, but still trying to piece together what it would entail. Regardless I have 3 or 4 posts ready for today. I'll be all over the map today...

I took my wife and 13 year old son to see Invincible this weekend. And I agree, great movie. Afterwards, we talked with our son about what lessons the movie taught him. And he replied "Never give up even in the face of adversity" (and yes, he worded it that way!). This statement can apply to so many things - trading, family (my son has learning disabilities), and life.

Keep on keepin' on...

I took mywife and 3 boys (ages 6, 8, 9). It was a great movie and really got them fired up for football. Great soundtrack too. I think "Stranglehold" by Ted Nugent will become one of my trading session songs.

I agree, the soundtrack really got me into the "moment." I am officially motivated for football season now.

BTW, Dale...I think that is great your son was able to put his feelings into words. By boy is just starting to put meaningful words together and it is so exciting! It makes all the efforts and struggles so worthwhile to see him progress!

Take care.

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About me

  • I'm Option Addict
  • From Saratoga Springs, Utah, United States
  • I am a professional trader and an instructor for Investools. I've had relations with the markets for 9 years. Born in Concord, CA, but reside in Saratoga Springs, Utah. Father of THREE, Husband of one.
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