Geldpress

The new stock options book by James Bittman, Trading Options as a Professional, also includes a free copy of the Op-Eval Pro software.  The free software is not as full featured as the many fee based options software packages, but it will do the trick.   The software has 6 main functions for modeling stock option [...]

Here is the cover of Businessweek magazine on August 12, 1979, proclaiming the death of equities.  As it turned out, the end of 1979 was the start of one of the greatest bull markets in history.

With the Dow Jones currently at 6594, and the S&P at 682, is it time for Businessweek to do a [...]

Bloomberg reported today that president Obama has a goal of cutting the nations deficit in half to $533 billion within 4 years.

President Barack Obama plans to increase taxes on the wealthy and cut spending for the war in Iraq as part of a plan to slash the U.S. budget deficit to $533 billion by the [...]

Uncertainty remains, the markets are lower and volatility is increasing with this week’s options expiration approaching.  There are several interesting option terms that are often discussed during options expiration week.

Maximum Pain – This is the theory that secuirities will close on expiration day at the strike price that causes the most amount of pain to [...]

Trading stock options can be fun, addictive, and potentially profitable. People are drawn to stock options because of the potential for out-sized and highly leveraged returns. But leverage works in both directions, and trading stock options can also be fatal to account values when trading without the proper knowledge and experience.

On the surface, [...]

January trading came to a close today, with the market indexes showing the following results:

Dow Jones was DOWN 11.44% for the month (9034.69 to 8000.86), not counting dividends
The S&P 500 index was DOWN 11.43% for the month (931.80 to 825.88), not counting dividends.

Not a great start for the indexes!  The Geldpress portfolio, on the other [...]

Bucyrus manufactures heavy machinery for the mining industry.  They were the darling of Wall Street until about September 2008, when they, along with most of the rest of the market, took a nosedive down to earth.  At last glance, their shares are trading at $17.24, well off their 52 week high of $79.50.

I like them [...]

California is swimming in RED INK and is going broke.  With the debt markets still frozen, the state can not issue new bonds fast enough to cover its spending obligations.  It’s been rumored for months that California would start issuing IOU’s  to pay state workers, contractors, and perhaps even private citizens tax returns.

The IOU’s have [...]

William Delbert Gann was born on a farm outside of Lufkin, Texas on June 6, 1878.  Gann never graduated from grammar school or attended high school, but he did become one of the world’s best known and most successful traders.  Gann initially worked in a brokerage in Texarkana, and moved to New York City in [...]

Here at Geldpress, I rarely talk about what I am personally buying or selling in my own accounts.  Instead, I focus on interesting market news, trading strategies and stock options mechanics, fundamentals, and other macro views.  I never seem to have time to research and write about everything on my list, but I do manage [...]