Markets Find Footing On Fiscal Cliff Discussions

Broader Market Weekly Performance:

Dow -1.8%

S&P -1.5%

Nasdaq -1.8%

Russell -2.4%

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MARKET UPDATE:

The market roller coaster is back! See the video below for what happened this week and what it means going forward:

Click here for VIDEO RECAP link

Here is a recap of November's performance for the BookingAlpha Trading Services:

Click here for NOVEMBER'S VIDEO RECAP link

Here is a recap of October's performance for the BookingAlpha Trading Services:

Click here for OCTOBER'S VIDEO RECAP link

Navigate wisely and stay profitable, my friends. Happy trading!

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BOOKINGALPHA UPDATE:

Monthly Trading Service Commentary:

This week we roll adjusted to of our spreads further OTM to preserve their safety and manage the risk. The adjustments rolled down the spreads to lower strikes for debits. The debits were less than our initial credit received for the spreads and we therefore still have net credits for the adjsuted trades.

We continue to improve our site functionality and have now listed Open Trades on the website. In a separate window, login to www.BookingAlpha.com and then click the link below to be taken to the Open Trades Page.

Monthly Advisory Open Trades page

*You must be logged into BookingAlpha.com before for the link will work

Weekly Trading Service Commentary:

With the markets continued decline we were forced to roll our Nov16 bull put spread out to Nov23 this week in keeping with risk management. We were able to receive an additional credit for the adjustment while also reducing the risk - the best of both worlds.

We also used Friday's volatility to open an additional bull put spread for Nov23.

We continue to improve our site functionality and have now listed Open Trades on the website. In a separate window, login to www.BookingAlpha.com and then click the link below to be taken to the Open Trades Page.

Weekly Advisory Open Trades page

*You must be logged into BookingAlpha.com before for the link will work

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