I sat out most of the week because I was transferring my brokerage account from TD Ameritrade to Interactive Brokers (referral link). It took 3 days to move everything over and today (Thursday) I made my first diagonal options trade. I bought a Jul 21 MSFT $405 put and sold a Mar 21 MSFT $410 put. The plan is to hold the July put till about June and sell weekly puts to get premium. ...

I saw this on r/algotrading and cracked up. The reality is that there is no such thing as an easy buck or easy riches. You can get rich by luck but building wealth is hard. Easy bucks can disappear and they usually do. If you manage it right, wealth can stick around for a long time.

This is a neat comparison of how green California got from the recent heavy rains. https://twitter.com/DrewTumaABC7/status/1767236370706403538 CALIFORNIA October 2023 vs. March 2024🛰️ pic.twitter.com/iN0vOfuF9t — Drew Tuma (@DrewTumaABC7) March 11, 2024 California might become greener but will experience severe weather due to climate change.

Talk about great timing on my end, I sold off Boeing (BA) a few weeks ago after the Alaska Air door blew out mid-flight. Now the whistleblower John Barnett was found dead in a parking lot of an apparent self-inflicted wound. Barnett, a Louisiana resident, was then found dead in a car outside a Holiday Inn from what the Charleston County Coroner’s Office ruled was suicide. The Charleston City Police Department is investigating. - via MSN ...

Despite the Wendy’s debacle, surge pricing for food was going to get traction. Of course it would, people need to eat and might as well extract as much money from them as possible. Barbecue chain Tony Roma’s and nearly 100 other small restaurants have already turned to fluctuating menu prices during peak times — similar to the rollout planned by fast-food giant Wendy’s next year — according to one company that sells the software specializing in dynamic pricing. ...

My plan is to stay out of the market today. There was some violent sell off on Friday in the semiconductors. All the stocks and ETFs I follow sold off and there were a lot of shooting starts or bearish engulfing candles. Several of the indices are looking tired too, the S&P500 has a bearish engulfing candle as well. But MSFT is hanging in there, that’s one that I want to bet on for the long term and I might be increasing my long term holdings of it. ...

Mitch McConnell’s niece drowns in her Tesla Model X because no one could break the reinforced glass. Angela Chao, the billionaire sister-in-law of Sen. Mitch McConnell, tragically drowned in a pond at her Texas ranch. It is speculated that she may have accidentally put her Tesla in reverse while attempting a three-point turn. Drowning is one my worst fears and this is terrible, whether she’s a billionaire or not. ...

This is a trade review of my Advanced Micro Devices AMD call option trade. Why was I interested in AMD? Because it’s getting action for momentum traders interested in the AI market. Which way was AMD trading? It was in a long upward trend. Was AMD making an all-time high? Yes. When did you enter the trade and at what cost? I entered the trade on 3/1/2024. I bought 5 May 17, 2024 AMD Calls for $8.95. Total cost was $4,478. What was AMD trading at the time of entry? It was trading around $200. That was my entry. Now what about the exit? Why did I exit? ...

Big news as China is looking to take back Taiwan. I’m sure they would make a move after the election if Trump wins. China also officially adopted tougher language against Taiwan as it released the budget figures, dropping the mention of “peaceful reunification” in a government report delivered by Premier Li Qiang at the opening of the National People’s Congress (NPC), China’s rubber-stamp parliament, on Tuesday. They’re putting their money where their mouth is militarily. ...

Good reference materials, definitely worth going through this list. If you head over to this page, you can access 243 free ebooks covering a range of different topics. Below, we’ve divided the books into sections (and provided links to them), indicated the number of books in each section, and listed a few attractive/representative titles. - via Open Culture