Blog
Points of Interest
January 19, 2010
Good morning. While I gather my bearings for the week, I’d like to draw your attention to a couple of things that are of interest to our existing and potential investors: firstly, is that PTI Securities & Futures will be offering a FREE online Protected Index Program® Teleconference on Wednesday, February 3rd from 6:00pm – 7:30pm CST. This live session will be hosted by my brother and President of PTI, Dan Haugh. He will cover the specifics of our successful money management program, discussing the protection and diversification we provide in this long term strategy. In order to participate all you need is a phone and PC. No charges apply. In order to participate, however, you must register to attend – you can view details and register here: www.PTISecurities.com/Education.htm
Era of the Hypocrite
January 11, 2010
Good morning. It was a strong first week for the market in 2010, with the SPY closing up 3.13 on the week to 114.57 (2.8%). More importantly (maybe) is the amazing drop in the VIX, from 21.68 to 19.12, an astounding 16%. Could an expiration back spread be in our future? I am surely tempted, and may jump on one as soon as today.
Year End Wrap-Up
December 31, 2009
Happy New Year! This last year was certainly a tester, as really was the whole last decade. We will finish the year in the SPY up almost 25% at around 113 or so, after a furious sell off in the first quarter took the SPY down to a low of 67.10 on March 6. The VIX looks like it will close under 20, after starting the year around 40, so as the market has steadily climbed since March the perceived fear in the market place has dropped by half.
Happy Holidays!
December 21, 2009
I’m taking this moment to wish each and every one of you a joyous holiday season. We sincerely thank our clients and associates for their business and hope for continuing prosperity and friendship in the New Year. In the spirit of giving, PTI is providing FREE educational sessions to everyone to start out 2010. If you’re on the fence about your portfolio or think it is time for a change in risk or method and are seriously considering the importance of diversification and protection, please feel free to give our brokers at PTI Securities & Futures a call toll free at 800.821.4968.
Wall Street Reform and Consumer Protection Act
December 14, 2009
Good morning. It was a very inside week in the market last week, with the SPY up a whole .10, closing at 111.11. That represents a very dramatic move up of 66% from the March lows, and puts the market back to where it was on 10/2/08. It does seem like the advance has slowed, at least temporarily, as the SPY traded over 110 two months ago and has basically flat lined since then. The market is still down almost 29% from its all time high of 156.33 in October of 2007.