“Some of you are probably wondering… ‘What should I do right now?’ The market is roaring, but it could also pull back. In situations like this, if you have long positions, take advantage of the pops to sell out-of-the-money calls against your stock or options positions. Pick up premium and income while you stick around … Continued
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“If you’ve ever had to shovel a foot of snow off your driveway – and the snow isn’t light and fluffy, it’s wet, slushy snow that weighs 50 pounds on your back every time you plow a lane – that’s the market we’re in right now. Every lift is painful. Every inch of shoveling takes … Continued
Inflation and future Fed rate hikes continue to dominate Mr. Market’s emotions. When the Bureau of Labor Statistics reported on Wednesday that inflation (measured by the consumer price index) rose 7% year over year in December (its highest yearly increase since 1982), Mr. Market was “meh” on the news. Most major indexes finished basically flat … Continued