Dr. Sean began his career as a medical physician until a chance conversation with the nephew of a fellow physician led to his discovery of the kind of profits that can be made trading in the stock market.
2. SENTIMENT RULES THE MARKET
Stocks fell sharply today as two economic
reports fueled investor’s concerns about the
economy. The general sentiment of the
market moves most sectors and even stocks
that show great strength will turn negative or
just be slightly positive.
3. Sean Seshadri states that it is paramount
that investors follow judge the sentiment of
the market as it will affect stock prices and
other markets in general. The Dow Jones fell
144 points as investors sought refuge in
bonds. The first report at 830am from the
Labor Department said claims for
unemployment rose which caused the
market to move lower.
4. At 10am Philly Federal Reserve said
manufacturing activity fell since August which
increased bearish sentiment. Lux
Investments wants intraday traders to be
prepared for economic reports that can move
the market.
5. Tech stocks moved lower including google
which went down 14.18 or 2.94 percent.
Investors who shorted google would have
benefited from buying put options which went
up over 500%. The option ranged from 55
cents to 5.00.
6. With options, Sean Seshadri states that one
does not need a large amount of capital but
has to understand the components that make
up an option in order to trade it correctly.