What To Focus On - Part Two

My blog of November 27th was entitled "What to Focus On". Please read it. This week we are feeling a bit of a hangover. Last's weeks triple witching event is over. Stocks that were forced to contract in price to sqeeze out spectatate positions on them are now free to resume there old trading patterns. This Monday morning at 10:20 a.m. the Djia is up 301 points. There are also losers. So now what? Mark on your calendar exactly three months down the road how the markets traded on the first morning after one of these triple witching events and use this same logic to catch the upside on the next "hangeover" day like this. How do you pick the winners? Find a few stocks that have enjoyed a recent upswing and play them to pop on the first trading session after one of these events. This blog is just an observation.

Polestar and Ford

Polestar is tough to play because a ten or twelve dollar stock takes good news to make it go up. With no news the stock just goes sideways. Rememmber last week how Ford was on a terror and in my last blog I said I don't like buying Call options on a Monday that expire at the end of the week. Ford dropped fifty-nine cents yesterday creating an opportunity to get in today and hope that it rebounds.
I don't generally like to pinpoint trading trading opportunities however the good news story on Ford is still the same today as it was last week.


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