11:50 a.m. New York time
The bond markets and banks are closed today for the government’s Columbus Day holiday. While the stock market are open, they are deprived of their most important leading indicator: Market prices of the 10-year Treasury bonds at the Federal Funds rate. Absent that important data, I would anticipate a fairly slow day.
Today’s Book
The Total Money Makeover
by Dave Ramsey
Let’s face it. The way we manage our household money? Pure habit. The money comes in, as a paycheck or a pension, and if you were ask a month latter where the money had gone, we wouldn’t a a clue. Did we at least make a profit for the month in running our personal finances? Beats me. Dave Ramsey shows how to take control of that great financial enterprise that each of us in engaged in, keeping ourselves and our loved ones fed and sheltered, with money for emergencies and to educate the youngsters, and to provide for that interesting time called old age. Ramsey provides a straightforward plan, based o results, not dreams.
Certainly I have no trades in sight. None of my positions are at the point where I must exit, and my next potential earnings plays come on Thursday, when I’ll be considering two of the financials, WFC and JPM. Until then, or until the situation changes, i plan to happily drift along in the land of easy living, occasionally rousing myself from sloth to improve the way I manage my finances.
The status of my options positions:
| sym | option debit | share price | curr % max profit | net prft/shr $ | option days left |
| EWZ | 1.20 | 38.80 | (39.5) | (0.34) | 39 |
| JBL | 2.03 | 25.27 | (48.2) | (0.66) | 11 |
| LEN | 3.10 | 45.23 | 4.0 | 0.13 | 39 |
| SPY | 2.27 | 287.20 | 26.1 | 0.80 | 39 |
| STZ | 10.58 | 225.79 | (26.0) | (2.18) | 39 |
And of my shares positions.
| sym | share price | net result % | net profit $ | days held |
| AAPL | 223.11 | -0.4% | (0.85) | 24 |
| CHK | 4.65 | 16.3% | 0.65 | 24 |
| FXI | 40.38 | -2.0% | (0.83) | 24 |
| SPXU | 33.44 | -17.6% | (7.12) | 146 |
| TSLA | 254.75 | -16.5% | (50.24) | 7 |
| VNQI | 53.74 | -5.4% | (3.07) | 25 |
By Tim Bovee, Portland, Oregon, Oct. 8, 2018
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.
License
All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at www.timbovee.com.L
Tim Bovee, Private Trader 