The market is digesting a better than expected retail sales report as well as a disappointing consumer sentiment number. As we all know, or should know, consumer sentiment is not going to improve until we start adding jobs. The S&P is at an extremely important juncture regarding the near term move. As mentioned in a previous blog, 1150 on the S&P represents a double-top from the January highs. The bears have been saying recently that this is simply a test of the highs and we will fall following this double-top. Maybe. However, if the market can br
AMERICAN OPTIONS TRADING
PLANET WEALTH
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We trade multiple different strategies in two 'portfolios': Options Plus and Protected Renting Stocks and we give you every opportunity to follow our success through three key elements:
Step 1. We provide you with the education on both of these strategies, through two E-Books that you can download immediately.
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Step 3. And best yet, through an exclusive service called Autotrade, you can even copy those trades onto your personal account - automatically! There's no need to even ring your broker or place the trade yourself - when our professional traders identify a trade, that is copied directly to your account, without you lifting a finger.
US Option Trading - Active Options
This strategy on the US market is done using Volatility and Momentum trading. It involves Short term trading, with an aggressive and active portfolio. It has the potential to return massive profits, but the risks are proportionate with the huge upside. Only requires a small investment and makes a great diversifier.
Renting US Stocks (Options) - Income
The focus of this strategy is basically to generate income! It's an easy strategy, that can generate great return and share selection process is a lot more flexible. A very effective and proven strategy however does require a larger investment then other strategies.
TRADING DIARY - Learn directly from one of AMERICA'S best Professional Options Traders
The Trading Diary is what we like to call our Trade Sharing Service. It is where we show you our exact trades in full detail, for all the trades we do, immediately as we do them!This gives you the opportunity to ask questions and learn exactly how and why we have placed that trade. We also monitor the trade until the expiry and will update you on the particular adjustments that may need to be made. Our clients have found this to be a fantastic service and as we mentioned before, it gives you direct access to Rob Roy, one of AMERICA's Leading Professional Options Traders.
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CHIEF TRADER - ROB ROY
Rob is the Chief Trader of Planet Wealth US and a registered investment advisor with the Securities and Exchange Commission. He was born in Central Florida and has a degree in Business Administration from Florida State University. He later spent 12 years as a Golf Professional before forming his own Financial Management firm in 1996.
For the last seven years, Rob has been the Head Instructor and Chief Educator for one of the world's leading stock market & option education companies. In this role he has traveled across the globe presenting seminars and personally coaching literally thousands of individuals about the power of options trading, as well as creating proprietary systems using multiple technical indicators. He is now considered amongst the leading educators on profitable trading using options, not only in America, but worldwide.
His knowledge of advanced strategies and the intricacies of successful option trading has resulted in consistent real life success in all types of markets.
As a member of Planet Wealth US, you have direct access to Rob, can access the trades he chooses for our account, and even copy those trades direct to your account using Autotrade.
CHIEF TRADER - ANDREW DIMITRI
Andrew Dimitri is the Managing Director and co-founder of Planet Wealth and author of multiple books on a variety of investing strategies. Andrew started investing in the mid 90's, and by the end of the decade had perfected his "Selling Insurance" strategy. He was able to retire from the family business soon after and live off his investments, working only a few hours per week.
"The idea behind Planet Wealth" Andrew says, "was to create an 'educational' company that doesn't just focus on theory, but actually teaches the strategies that we use. Since its formation in 2004 our company has been, and always will be, built around the principle of 'don't do as I say - do as I do'. We literally use these strategies ourselves to fund our lifestyles, and we back it up with sharing the exact trades we do on the Planet Wealth Trading Diaries"
Andrew is now a sought after public speaker, but he always insists on providing real, usable content in his presentations. "I don't do 'fluff' - just real content and actual details on strategies that I use myself. The day I stop using the strategies will be the day I stop talking about them!"
Like his mentor Warren Buffet, Andrew is a self taught value investor, and as the chief trader for Planet Wealth, uses his extensive knowledge and talent in valuing companies to find undervalued and high growth stocks that suit each particular strategy.
Proceed with Caution
Friday’s move back above 1120 on the S&P following the better than expected jobs report was indeed impressive. The next level to watch is the previous Jan high at 1150. If the S&P is able to avoid the dreaded double top and break above 1150, 1220 looks to be a strong probability. Let’s not get too excited about the Friday jobs report however and realize that regardless of the numbers the government is putting out, the U6 unemployment rate (often called the “real” unemployment rate) actually rose to 16.8%. Therefore, there is a slight nod to the upside potenti
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- March 8th, 2010 by Rob Roy
Proceed with Caution
Friday’s move back above 1120 on the S&P following the better than expected jobs report was indeed impressive. The next level to watch is the previous Jan high at 1150. If the S&P is able to avoid the dreaded double top and break above 1150, 1220 looks to be a strong probability. Let’s not get too excited about the Friday jobs report however and realize that regardless of the numbers the government is putting out, the U6 unemployment rate (often called the “real” unemployment rate) actually rose to 16.8%. Therefore, there is a slight nod to the upside potenti
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- March 8th, 2010 by Rob Roy
It Wasn’t AAPL
The market opened lower Thursday on renewed fears that Greece may default on its debt. The downward trend was then buoyed by a surprising rise in jobless claims. Around mid-day the market made a double bottom on the 3-minute chart and then took off to the upside, recovering most of the 150+ drop. Today was a perfect example of why to keep the volume turned off of the financial TV networks. Commentators were explaining the the sudden reversal as reaction to a rumor that AAPL was going to announce a 4 for 1 split. Pulleassee….Although not a popular belief, it h
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- February 25th, 2010 by Rob Roy
