January was atrocious for the bulls. Some 93% of investors are down on the year and rightfully so. And February has already followed in the footsteps as we are down a cool 40 handles as I write this.
Have no fear though as I come bearing solace. I’ve found the place to hide, and no it isn’t on the Ark. You do not deserve a spot on the Ark.
Without further ado I present the Ramp returns from January. Please note why my office hours have been reduced by 50% this year. Over the long run holding until the close isn’t the best option.
Compare my +0.66% return with the indices.
S&P 500 = -5.07%
Dow = -5.5%
Nasdaq = -7.86%
Russell 2000 = -8.85%
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P.S. My results are calculated based on $SPY
If I read it right, your chart posted on 12/9 says that shorting 345 to 400pm is even better than buying 330 to 345pm. Do you do both?
If you feel so inclined to, then yes. I do not short, as it is un-American and it goes against the morals of our founding fathers.
Only a true patriot would cut his potential profit by more than 50% for the sake of principle. I salute you.
What is your system? Go all in on SPY for 15 minutes a day? Using the ETF or calls?
It’s not my system, it’s the People’s system. And I just present the data. The returns shown are based strictly on price just like the indices. You probably wouldn’t be able to make it work with calls as the returns are so low.