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Money Quest 2014
Strategies and Objectives
Long Term Investing
Short Term Investing
Short Weekly Puts
Day Trading
General Investing Framework
• Know your Investment Time Frame
• Invest in Oil, Oil service, Agriculture, Health
Care, Water(??)
• Market Going Up or Down. Follow Pats
stockcharts page.
http://stockcharts.com/public/1940551/tenpp
Long Term
• Do good research or buy good research.
• Sell covered calls expiring each month on
holdings.
• Re-populate portfolio if called away with stocks
that meet your criteria. I call my investment
advisor each month to find out what they like at
that moment.
• Money Market Alternative, Buy XLE or SLB or
something of that ilk, and sell weekly calls ITM or
close to the market price for increased yield/
Long Term
• In IRA, buy Closed End Funds concentrating in
energy MLP as they issue 1099’s and not K-1
• http://www.cefconnect.com/Portfolio/Portfoli
o.aspx
• http://www.tickerspy.com/index/MLPFocused-Closed-End-Funds-and-ETFs
WHY 2ND IN 2014
• SLIGHTLY MORE AGGRESSIVE THAN TYPICAL
BALANCED FUND.
• LESS REITS
• SOLD CALL TO GENERATE INCOME
• MONTHLY PURCHASES TO REPLACE ITEMS
SOLD
Day Trading
Divergence
• Shortest trade ever was two seconds. Sell
order ready to go prior to buying 1K at market.
• Usually sell at market also.
• Try not to hold overnite and keep losses small.
• A trade of more than a minute or two
generally is a lousy trade.
Day Trading
Divergence Stocks
• Shortest trade ever was two seconds. Sell
order ready to go prior to buying 1K at market.
• Usually sell at market also.
• Try not to hold overnite and keep losses small.
• A trade of more than a minute or two
generally is a lousy trade.
Divergence Spreadsheets
• S&P 500 for Day Trading Divergence Sheet
• Friedberg Investment Presentation list for
longer term investment Divergence Sheet
• Weekly Option divergence sheet.
Weekly Options
• Sell on Wednesday or Thursday for Friday
Expiry
• Sell what usually is at its low
• I usually sell Divergence Stocks
• http://www.cboe.com/micro/weeklys/availabl
eweeklys.aspx
• Make sure no earnings announcements prior
to expiration or news