Weekly: Rollercoaster

The market goes up, goes down. Sector rotate in and out of favor. I had computer troubles this week. Bought a new computer. Like moving, getting a new computer tends to mean a lot of unpleasant chores. I bought a Lenovo Flex. It isn't the latest and greatest, but my computer needs tend to modest. I also have an Ipad Air.

As for the market, I attended the Investor’s Business Weekly meetup (CANSLIM). The phrase “show me” market is a good description. One person said that the upcoming July earnings cycle could make or break many stocks, and the market as a whole.

I keep dancing, even though I still feel out of synch with the markets. Here are the trades (p = puts, c = calls, sell means sell-to-open, cover means buy-to-close, number near the end if price per contract.

Mon Sell VRX Aug 12 p 22Sell SPG Aug 140 p 56

Tue Sell TSLA strangle: Sell TSLA Jul 295 p 61Sell TSLA Jul 450 c 35

Sell NVDA JulW2 167.5 c 57
Sell NVDA JunW5 157.5 c 18

Sell QQQ Aug 148 c 24
Sell SPY backratio: Sell 2x SPY Sep 217 p 84 each
Buy SPY Sep 222 p 113 each

Thu Sell NVDA Jul 162.5 cSell QQQ Jul 144 c 19

Sell QQQ Aug 145 c 55
Sell IWM Jul 145 c 25

Sell BA Jul 207.5 c 41

Fri Sell VRX Aug 13 p 31