See the beauty of this strategy? The new leg, the bull put spread, would be looking good now.
Both sides open Monday better, with time eroding away, favoring the credit spread.
I'm sort of like you, but I haven't had to tackle any major plumbing job. Heaven forbid if I ever had pipes burst due to freezing with a power outage, I'd have to call a plumber.
I see what happened there. You hedged after a big move up, now that's also going against you.
You may want to consider trading condors. You could leg in all at once, or, a better way is like this: days like yesterday, leg into the bear call spread.
Then, today, that's working out as a pull back was likely, and you can establish a bull put spread.
These are credit spreads, of course. They are a high probability trade, but with a skewed risk reward ratio.
They're kind of boring trades, but bread and butter.
I saw that one too. I'm tempted to go long crude on the next pull back if there is any.
You could do what I did. I went and got a PT job at UPS, they're getting ready to hire for the holiday peak right now.
I went in as a seasonal, showed up and did my job, got permanent, now my whole family is covered for zip natta zilch. No deductible, sometimes a low copay involved.
Picked evening shift, after supper (getting ready to go in right now). Fixed schedule for most part. Weekends and holidays off.
Figure that monthly premium x number of family members....well worth it for me. Job is physically demanding, but if you can handle it, could help you with your situation.
In a low interest environment, with stagnant wages and under capacity employment, the time has been ripe for years to make an investment in the infrastructure.
How much is the out dated infrastructure costing us every year? Could it be possible that an investment in this area could at least break even, or even turn a profit?
I don't know the answer to those questions, but it seems to me the infrastructure is a necessity, and the clock is ticking on the low interest rate opportunity to modernize it.
I get what you're saying, but I think you're aiming at the wrong target.
It's not the FED, it's the fact that corporations have bought the government, literally.
Both Yellen and Bernanke have advised congress repeatedly to invest in the infrastructure, and to include the working and middle class in their policies, which fell on deaf ears.
There is a lot of pent up demand, millions of people who, if they got a raise to the point of living wages, would likely go on a spree buying goods and using services they've gone without for so long.
The FED can only use monetary policy, which they do to the best of their ability. The FED saved us from a total collapse over the past few years, that is a fact. If congress listened to their advice, we'd have a much stronger economy.
This is the truth. QE did nothing for money velocity.
Wages have been stagnant for 40 years, with the past 20 years showing a shrinking in terms of purchasing power. This, as productivity per worker surges.
This is the underlying problem that lead to the financial crisis, and why there has been no real recovery. Even the Fed realizes the gains in employment involve too many "McJobs".
The real problem is mental illness. I know plenty of people who own guns, and don't go around shooting people.
Of course, where I live, hunting is the national past time for much of the population.
Take away guns, and the mentally ill who belong in proper institutions, will find another way to carry out their psychotic schemes.
Hind sight being 20/20, Bush was actually a decent president.
He had most of the right ideas at the right time.
I think his biggest mistake, was trusting the financial sector to be responsible, and got too loose with the regulations on them.
I voted for him twice. He obviously believed in trickle down, but he included working people in his tax breaks as well. His stimulus was a success, in proportion to it's magnitude.
I still consider him to be a decent man, whose heart was in the right place, but just missed the mark a bit in one place, and it costed dearly. Highly understandable and forgivable.
I actually agree with you on this one. Current contract good til 2018, which coincidentally is the year of the Caddy tax for good plans like the one I have.
Luckily, any candidate with a chance is speaking strongly in favor of getting rid of this hideous feature of ACA. Personally I hate the ACA and have since it's inception.
Even Trump thinks we could do better. Heck, I won't vote for him, but if he gets in I'll be OK with it for more than one reason.
It's just Mav trying to see if a new ID will increase his popularity, which, as we can see, it isn't.
Um, I think you mean "Fissures" there, snow shoe. "Fishers" could mean more than one "fisher", an north american mammal related to weasels, or it could also mean a person who is trying to catch fish.
The religious conservatives would probably say that God sent Hurricane Joaquin as a warning, but then again, they're the ones hiding their money over there.
Awesome. While you're up there, could you spray the couch with some febreeze? The smell of your pharts is building up in the upholstery.