2019 Performance

The DIA position averaged 9.9%
The IWM position averaged 9.9%
The SPY position averaged 9.9%

Average return for all positions: 9.9%

SPECIAL NOTE ON THIS MONTH'S TRADE: Records highs were set once again as we cross over the 3200 level for the S&P500 and the 28,000 level for the Dow Industrial Average. The US and China reached a phase one trade deal and concerns of failing talks have subsided. Sentiment is very positive and we may see the Santa Claus rally finish out 2019!


The DIA position averaged (10.6%)
The IWM position averaged 5.3%

Average return for all positions: (2.7%)

SPECIAL NOTE ON THIS MONTH'S TRADE: Without any negative headlines from the trade talks with China, Wall Street pushed into record levels. No solid deal has been agreed on yet and as long as talks don't fall apart, we may continue to set record highs. The markets are at overbought levels and we may pause before setting new highs.


The DIA position averaged 10.5%
The IWM position averaged 10.5%
The SPY position averaged 10.5%

Average return for all positions: 10.5%

SPECIAL NOTE ON THIS MONTH'S TRADE: During this options cycle, the Fed cut rates as expected, the US and China held trade negotiations successfully, and the major averages climbed back up to record levels. As long as economic data and trade talks remain positive, Wall Street may make another attempt to set new highs.


The IWM position averaged 10.5%
The SPY position averaged 9.9%

Average return for all positions: 10.2%

SPECIAL NOTE ON THIS MONTH'S TRADE: The September cycle was pretty calm as Wall Street recovered from the selloff in August. As we near record highs once again, focus will be on the ongoing trade talks between US and China. Negotiations have been tense with little progress to show for it. Markets will remain on edge with the trade talks until something is finalized.


The DIA position averaged (13.3%)
The SPY position averaged (15.4%)

Average return for all positions: (14.4%)

SPECIAL NOTE ON THIS MONTH'S TRADE: The Fed decided to cut rates for the first time in over 10 years. As Wall Street digested the news, the US-China trade war ratcheted up a bit. Additional tariffs were threatened, currency manipulated, and bond rates fell. The yield curve inverted briefly, flashing a possible recession sign on the horizon. It does not always mean a recession but a recession is always preceded by an inverted yield curve.


The DIA position averaged 10.5%
The IWM position averaged 11.1%
The SPY position averaged 10.5%

Average return for all positions: 10.7%

SPECIAL NOTE ON THIS MONTH'S TRADE: Wall Street had a bit of a roller coaster ride this cycle as trade wars and interest rates directed the markets. Trade tensions have eased a bit with China but there is no new deal. The Fed is expected to cut interest rates at the end of July. What actually happens will more than likely dictate how the markets trade in the weeks to follow.


The DIA position averaged 14.3%
The IWM position averaged (43.9%)
The SPY position averaged 14.3%

Average return for all positions: (5.1%)

SPECIAL NOTE ON THIS MONTH'S TRADE: The Federal Reserve stole the spotlight this cycle giving hints of possible interest rate cuts. When this may happen is up for debate. Sensing future rate cuts, the markets closed in on record highs towards the end of the options cycle.


The DIA position averaged (18.8%)
The IWM position averaged (16.8%)

Average return for all positions: (17.8%)

SPECIAL NOTE ON THIS MONTH'S TRADE: Tariff wars with China dictated how the markets traded this cycle. With no solution in the foreseeable future, Wall Street sold off. We did bounce off those lows but until we get a resolution, further dips may be ahead.


The IWM position averaged 3.6%
The SPY position averaged 3.6%

Average return for all positions: 3.6%

SPECIAL NOTE ON THIS MONTH'S TRADE: April made some hefty gains for the major averages. We are approaching the highs that were set back in September of 2018. Earnings are taking the spotlight again as the Fed continues to hold rates steady. The China trade talks have not had any significant developments and our economy is doing well.


The DIA position averaged 8.7%
The IWM position averaged 9.3%
The SPY position averaged 9.3%

Average return for all positions: 9.1%

SPECIAL NOTE ON THIS MONTH'S TRADE: The March cycle experienced a bit of a scare as the markets sold off for a few weeks. We seemed to have a hit a bottom for now even though some analysts believe we will still test recent lows. Wall Street may be range-bound until we break out of key resistance or support levels.


The IWM position averaged (21.5%)

Average return for all positions: (21.5%)

SPECIAL NOTE ON THIS MONTH'S TRADE: The markets spiked in the final week of the cycle. Renewed hopes of a China trade deal fueled the rally and took the markets to certain resistance levels. How high we go, if we break those levels, remains to be seen.


The DIA position averaged 13.4%
The IWM position averaged 11.8%
The SPY position averaged 10.8%

Average return for all positions: 12.0%

SPECIAL NOTE ON THIS MONTH'S TRADE: Wall Street seems to have stabilized and December's rout is in the rear view. With the Fed committed to adjusting their rate hikes based on the economy, traders can focus on earnings and improving trade relations with China.