Financial Letter - November 4th, 2019
245th issue (since 2015/01/24)
(1) We offer portfolio management services for futures market accounts with a minimum of 25K USD or the equivalent in CAD.
(2) CKL Inc. offers an actively managed portfolio with US ETFs combined with option strategies. This portfolio requires a minimum of 250K USD or the equivalent in CAD.
(3) And evidently we offer high quality long term portfolio management with low fees (0.9%).
*No transfer of money required.
For more information on any of these portfolios, write to us at info@charlesklangford.com.
These are the upcoming intensive courses:
- Les options : un investissement stratégique dans les marchés (November 23rd 2019)
- Introduction aux marchés à terme (December 15th 2019)
For more informations on these courses, visit our website at:
http://www.charlesklangford.com/en/services/seminars
S&P 500 Index - The Center of the World's Financial Solar System
The S&P 500 index rose 1.5% this week to a new record high thanks to better-than-expected earnings for companies in the third quarter and October's payroll growth.
The SPY completed a (w) pattern and is continuing its bullish trend.
This week's active trading
(Portfolio CKL0522) - 2019/11/04
Week of the 28th of October, 2019
This week's strategy was to keep our existing positions of UPRO (SPY +3X) without shorting any calls.
Weekly profit/loss on opened positions (per client)
Price of UPRO friday the 25th of october = 57.54$
Price of UPRO friday the 1st of november = 60.04$
Weekly profit on opened positions per client = 2.50 * 2000 = 5 000 USD$
Here are some US stocks that gave a bullish signal:
- ECA
- CPE
- F
- M
- PE