Joy to the workd......

Nice pullback today for a little extra premium on the entry.

click here for the Bullfrog

Updates to my strategy......

Special thanks to 'back row" John from Dayton Ohio who found an error on the OTM% formula on the naked put calculator in my naked put strategy.  Also I have updated the query I use in Investools to reflect the current criteria I am seeking when looking for naked put candidates. Hope that clears things up a bit. Thanks again.  J.R.

J.R.'s Naked Put Calculator

Here are a few we can go skinny dipping with but watch out for those that still have earnings yet.

J.R.'s Weekly Watch List ( Top Ten)

Looking for something to swing trade with?  These top ten swingers just might have the action you are looking for, might even be hot for some intraday action this week.

Well it looks like we put a wart on that pony's nose this week as you can see by the bull flag breakout on the weekly and the daily. Today's close of 1102 puts us back on track to the upside but we have made a lot of resistance on the way down. Once again we have got to get over that 1121 wich just happens to be the 50% fib line back to the all time high of 1576 (remember that?) Then we have the 1133, and then and so on and so on.  Looking at the monthly we see a bullish engulfing candle forming but remember the moon has not completed it's cycle yet. So with this renewed upward momentum Old Mr. VIX is sort of taking a rest for now, might even see him drift down into his teens again. I would not load up the wagon just yet as the charts are playing out some sideways motion to the upside but like I said there are several resistance lines to overcome begining with that big blue 200ma. So trade what you see when you see it and trade to trade well. J.R

Looking at tapping into NTAP.....

...for an August 35 naked put, but will take profits early before earnings.

J.R.'s Weekly Watch List ( Top Ten)

Speaking of earnings, watch what happens to these stocks this week.  Might be a few surprises in store for some.

click here for Surprise