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Showing posts from March, 2020

DJIA Going Lower???

In the spirit of speculation, the DJIA has the potential of going lower than 37%. Congress has passed a 2 trillion dollar bill intended to give relief and support to (Stockmarket) millions of Americans who have and will be impacted by Coronavirus. The markets responded well last week with a three-day rally with the fourth day (Friday) giving back some of the previous gains.



The chart below shows the length of time some of the past DJIA recessions lasted.


Modern Portfolio Theory (MPT)

See full article here

Perspective on living your best life by Marcus Aurelius.

"Your days are numbered. Use them to throw open the windows of your soul to the sun. If you do not, the sun will soon set, and you with it."
- Marcus Aurelius

Our New Historical Divide: B.C. and A.C. — the World Before Corona and the World After

A great read by Thomas L. Friedman on global dependency and how different cultures have responded to the Coronavirus pandemic.
"
The power of exponentials: One of the hardest things for the human mind to grasp is the power of an exponential — something that just keeps relentlessly doubling and doubling, like a pandemic. The brain just can’t appreciate how quickly 5,000 cases of confirmed coronavirus infection in America can explode into one million if we don’t lock down now."
See NYTimes article here

Speculation | March 23 - 27, 2020

DJIA will stay above 18k.
Corona cases increase significantly in the state of Florida.  (Update: CDC.gov stats) Coronavirus cases by state.
Congress approves legislation to help the economy.Coronavirus stimulus bill fails in key Senate procedural vote
S&P 500 surges to end the week above 2300.



Passive Aggressive Portfolio - 3/27/20

Holdings $1,182.63

Day's gain  -$88.62            (-7.27%)
Total Gain -$100.25           (-7.02%)






Biocept Inc (BIOC) Spec Trade

BIOC, a molecular oncology diagnostic company was added to my portfolio as a 100% speculative stock into a mix of my algorithmically selected stocks. My philosophy I am fleshing out as I go along; 80% of trading to be accomplished via managing long and short positions in an Interactive Broker Portfolio, selected byIB Portfolio Builder.

That other 20% more speculative when making the occasional option trade, the selection of options trades are often based on what is being held inside my IB portfolio. On Monday March 2nd, 2020, as part of the spec trading, I bought 200 shares of Biocept Inc (BIOC) @ $0.44, BIOC is a molecular oncology diagnostic company, admittedly, this is purely speculative stock with very little of my capital at risk. 


WBA APR 17’20 50p Update

Happy to brief that I stuck to my target goals, especially considering today the DJIA snapped back over 700 points to the upside. I closed my position on Friday for a 31% gain not wanting to give up a good profit. Rinse wash repeat.


Below are the results of last week's options trade. 
Symbol Date/Time Quantity T. Price Proceeds Comm/Fee Basis Realized P/L Code Equity and Index Options USD WBA 17APR20 50.0 P 2020-02-28, 13:03:17