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The Blue Collar Stock Market Meets the S&P 500

With all the negativity surrounding our economy, with the stock market testing its November lows and with consumer confidence on life support, this author is about to write a positive column. Am I insane? The re-incarnation of Crazy Eddie perhaps (remember him?). As I sit here in my home office typing away, I can just […]

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Triple Witching Friday- Coming to YOUR Portfolio on March 20th! plus Industry in the Spotlight

Triple Witching Friday…..what a scary term! Is it the day after Halloween? NO. Is it a hazing ritual for a college fraternity? Not even close. Well then, what is it ? It is an event that takes place when stock index futures, stock index options and stock options all expire on the same day. Triple […]

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The Option Buyer or the Option Seller: Which should you be?

You walk into your local stationery store and pull out a $20 bill. “Give me 20 state lottery tickets, please.” You can’t help but dream of all the riches that $20 investment will provide to you. After all, the grand prize is up to $25 million dollars. You even go so far as to compute […]

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Stop Loss Orders- Should We Use Them When Selling Covered Calls?

I am continually finding myself impressed with the level of knowledge of my fellow Blue Collar Investors. One question that has been coming up lately relates to the use of stop loss orders when selling covered call options. This is an order to sell (or buy) a security once the price has dropped below ( or risen […]

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The Basics of the Call Option plus a Current Real Life Example

Definitions: Implicit in the term covered call writing is the fact that we are selling call options. They are covered because we first own the underlying equities prior to selling the option. Since this is my first article of the new year and given the fact that we have so many new members of the […]

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The Bernie Madoff Ponzi Scheme: A Validation of our Blue Collar Philosophy plus Tony C. checks in on Cramer

_________________________________________________________ Blue Collar Mission Statement 1– Become CEO of your own money 2- Become financially independent ___________________________________________________________ Never before have the convictions of the Blue Collar philosophy become more meaningful as they have this past week with the arrest of Bernie Madoff for what may become the biggest fraud in the history of Wall Street. Madoff, […]

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The New York Stock Exchange: Part of a Global Conglomerate and a Stock to Watch

If we were to ask the average investor this question: What does the ticker NYX stand for? The most likely answer would be: The New York Stock Exchange. We would respond: Good answer, but you only get partial credit! The reason for this is that in this global economy businesses must offer multiple product and […]

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RECESSION- A NORMAL Part of the Business Cycle

Generally speaking, the main focus of this column is for Blue Collar Investors to share information that will be useful in generating substantial  income into our investment portfolios. In normal market conditions we locate the greatest performing stocks in the greatest performing industries and use these stocks as vehicles to generate great returns under the […]

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MACROECONOMICS-The Government’s Influence Over our Investment Success

You’ve screened your stocks both fundamentally and technically. You been diligent to only select equities in the greatest performing industries. Even subtle decisions like factoring in earnings reports and companies that report same store monthly retail sales cannot guarantee that an equity will appreciate in value. The reality is that there are a litany of […]

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BLUE COLLAR INVESTOR Q&A- Your Questions Answered

This past Thursday and Saturday I conducted a webinar series attended by investors throughout the United States and Canada. I am humbled by the response and supportive emails that you sent during and after the presentations. Thank you. Investors had the opportunity to send questions during the course of the webinars and I felt that […]

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