With markets falling, a good time to stand aside

By Don Fanstone, Member, Kitchener/Waterloo User Group

Option Blog June 14, 2015:

VectorVest advises buying undervalued Hi VST stocks in a rising market.

VectorVest will help you make money if you follow VectorVest timing advice.

USA: Col. Guard Bearish, MTI .96, Dn/Dn, C/Down,        Do Not Purchase

CAN: Col. Guard Bearish: MTI .76 Dn/Dn, C/Down          Do Not Purchase

With both markets falling, a good time to stand aside, cut losses or take profits.

Sells for the Week of June 8st:

Nil

Buys for the Week of June 1st:

Nil

Stocks to Watch:

ATD.B has risen to a new high. It would be a BUY if the market was in in an UP/Up condition. Add at your own risk. Potential BUY November 44 Call

DOL. Great earnings report but could not make a new high. Keep on the watchlist for a breakout or market turning up. Potential BUY Oct. 64 Call

DH: Has made a turn up from a low Stochastic value. Potential BUY. Oct. 36 Call.

With the market in a Down Condition, if these Options are purchased, it would be prudent to consider Buying the same strike price, at another 3 months out. Buying Time is good insurance, giving the stocks time to move up.

Stan Heller, our Canadian VV Rep would appreciate your input by writing articles for the blog. If you’re ready to share your trading experiences, contact Stan at [email protected]

Understand Options Before you begin to trade, there is much to learn.

DISCLAIMER: Options trading involves risk and is not suitable for everyone. The information contained in this Blog is for education and information purposes only. Example trades should not be considered as recommendations. Options training is strongly recommended before placing any trades. VectorVest offers a basic options course online and occasional intermediate options workshops in Canada each year.