Note: We began 2018 with $765,626 (not including the liquidation value of the jaysomaney.com mini account) and as of Jan 21, 2018, the liquidation value was $1,027,253. On Jan 22, 2018, we funded the Equity Income Account with $500,000. The starting balance thus gets adjusted down to $265,626 for the jaysomaney.com Options Account as of October 16th, 2018, we are up $1,039,162 or 432% and the account has a net liquidation value of $1,413,390.
Note: The jaysomaney.com main account was funded with $100,000 on Feb 1, 2016 and ended the year at $268,431 for a gain of 168.4% for 2016.
Note: The jaysomaney.com main account value on January 1, 2017 was $268,431 and ended the year at $772,946 for a gain of 189.8% for 2017.
* Profit and loss of $1,039,162 for 2018 includes a cumulative total of both open and closed positions.
We are off to a rough start to the week and that is not a surprise given the massive noise we have had to deal with the last week and change. Take a look at the following:Last Tuesday, the POTUS puts out an Executive order barring Broadcom from taking over Qualcomm. (Not a market-friendly event)Also on Tuesday, the French finance minister Bruno Le Maire said member states should form a united response and could even retaliate alongside nations from outside Europe on the Trump steel tariffs.... Veiw more