What to Trade Now?
I haven’t traded much recently because I cannot find many stocks I think are worthwhile and safe. As much as I like to make big gains I also like to preserve what I have. I am only 70% invested towards my goal of two times my liquidation amount. That leaves almost $50,000 of underlying stocks I could sell puts on if I could find something I like. I’m trying to remain patient and wait for the prices to come to me and not chase them. I’m also getting fairly heavily stacked towards January expiration and would like to be able to start aiming for some February options soon.
With the concerns growing, if not full grown already, about interest rates and now possible inflation starting to wake up, I changed my market sentiment back to Neutral as of 1:34 pm today. The last change I made was to “Slightly Bullish” on […]
Original post by Alex Fotopoulos