Wash, rinse and repeat

Hello traders, how are you today?
The markets were pretty “bland” today
$DJI ( ▼ 0.51% )  
$SPY ( ▼ 1.08% )  
$QQQ ( ▼ 1.91% )  
$IWM ( ▼ 1.53% )  

When you think of “saving your brain” what do you think of?
I have one friend she’s a Nuero Surgeon
Then I have a buddy and he does Nuero Science research
Any chance I get to hear them talk, I shut up and listen
Both of them speak about keeping the brain active
Did you know that when you read a book or a newspaper your brain actually retains 6 times more of what you read?
Yes, SIX TIMES MORE, the reason is phones have distractions
Texts
Incoming calls
Social Media alerts
Pop up ads
“Shiny” lights
It goes on and on

In trading / investing the greatest thing of all time is called “The Holy Grail”
It means “Just do this and everything will be great”
Might sound good, but not practical
May work in some environments with some stocks
But nothing works all the time with every thing
We need to make changes, adjust

Last week I spoke about “market rotation” and how this was starting to look like a “stock pickers market again”

Our very first friend ever $GE ( ▲ 3.95% ) is looking like it could be ready for a change
I’m watching it diligently. You can see that it like the 20 EMA for bounces
And that is smack dab where it is now
The “change” I intend to employ is if GE should go on to prove itself we will be implementing Calendar Spreads for Monthly Income
Calendar Spreads perform best with slow steady growth when the market is uncertain
It’s not there yet, any sudden moves could send GE down towards the 50 SMA
We here at theoptionscoach.net will be ready to make our move when GE does

Well the snow is over, it’s 35 degrees and the Sun is BRIGHTTTTTT…..
Can’t leave yet, waiting on $AMZN ( ▼ 1.78% ) to deliver some books!!! lol… No joke….

The Options Coach