What about 2011—will it be a replay of 2005?

Since November 2009 I have been noting that the S&P500 (represented here by SPY) has been closely retracing the path that it followed in 2003 and 2004.  Now that 2010 is drawing to a close, I took a look back at 2005 to get one vision (hallucination?) of what lies ahead for 2011.  My updated graph showing SPY, normalized SPY volume and VIX over those …

Read more

Stock Dividends

For updated information on SPY, IVV, and VOO dividends see this post. Some dividend related info: Excluding market action, Stock/ETF prices will drop by about the dividend amount when opening on their ex-dividend date.   The equity no longer carries the value of the dividend, so it drops in value.  The 500 stocks comprising the S&P index don’t go ex-dividend en-mass on the 17th, so the index …

Read more

Overview of dividend capture strategies

I have written several posts on dividend capture strategies. My favored, although far from perfect strategy: Dividend capture with covered calls Some approaches I don’t recommend: SPY dividend capture ideas that don’t work Dividend capture—three approaches to skip Additional background and tools, and an example: Dividend capture overview Covered calls–are you ready? Combo orders–maximizing profits on covered calls DIA dividend capture: creating the position DIA …

Read more