Cash secured puts expire profitably; 9th Day of QQQQ short term up-trend; GMI: 2; GMI-R:4

GMI1219The cash secured puts I sold all expired unexercised, so I made money the past month.   I will write about this promising strategy in the future.   Meanwhile, the indexes are in up-trends, but still relatively weak.   This week we shall see if we can get more confirmation of the up-trend.   I will sell more puts in early January if the market holds.  

The GMI remains at 2 (of 6) and the GMI-R at 4 (of 10).   The Worden T2108 indicator is 56%, in neutral territory. Three IBD100 stocks hit a new high on Friday:   CWT, EBS and SHEN.   I own CWT and successfully wrote December puts on EBS in early December.

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