Good morning!
Markets up again this morning as the Covid variant is causing some disruptions and allowing the Fed to mostly likely put off plans of tapering for now. Eventually the day will come that we will have to pay for all of this free money. Eventually bond rates will go up at least for short term until inflation risks caused by supply disruptions and the lack of workers add to inflations risks. Consumers are now absorbing some of the increase in prices and that will lead to less discretionary spending for goods and services. At some point markets will absorb those changes and go down.
For now, most of my trades are working since every dip is followed by aggressive buying.
Talk soon,
Al Losada
Founder | SimpleOptionStrategies.com
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