Monday, November 16,
While we're waiting for a vaccine,
India reports that, after treating all health workers, hydroxychloroquine is also 90%
effective in prevention and treatment.
Again, because of the negative real
interest rates and bloated debt this year, our momentum process overlies value investing.
This week, I list the steps of our process to make slow but low risk profits. We will
explain each step later.
Look for candidates
scan cnbc.com - use buffett method for value stocks
some net profit
pe <= 50 (maybe reduce more later)
price < 500 (maybe reduce more later)
200 day moving average up over 3 weeks
price > upper bollinger band
(preferably just breaking through)
sell put at spreadsheet indicated price
next third week closing date
must indicate profit > 20%/yr
check daily or twice daily
close if option cost <= 10% of option premium
if price < put strike price
if 200 mov avg down, short stock
if 200 mov avg up, wait
if price way below strike price
sell call at strike
price if profit > 20%/yr
if having shorted stock
if price up to put, buy back short
if having sold call
price > call, buy stock
if having bought stock
sell call at strike price and exp date if
profit > 20%/yr
|See our List of
Worthy Stocks to own.
||How do we Find
stocks to buy?
||How do we decide When
to buy and sell?
||How do we Buy
|Try our free IBCLOG A program to quickly and easily log onto you Interactive
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