Good morning!
Markets are mixed this morning after six up weeks out of seven. And now we are moving into earnings seasons where markets will most likely remain bullish. Volatility has been moving lower over the past year and the trend is solid with the exception of a few some sporadic days when the market pulled back. Please see the VIX daily chart below. The white line is the support and resistance area after the pandemic.
The NASDAQ now is clearly the leader with interest rates trending lower and tech continuing to dominate in a post-pandemic world. Nothing new so continue to buy the dips and stay nimble with your trading.
We recently launched a stock service call Stock Picks where our goal is to build long-term wealth through the use of five solid stock strategies that will produce double-digit years year after year. Please stay tuned to get in on the ground floor!
Talk soon,
Al Losada
Founder | SimpleOptionStrategies.com
P.S. For live trade alerts, please check out our SOS Trade Alerts. We will be opening to new subscribers on Aug 3rd, 2021.
You can also check out my YouTube Channel at SOS YouTube.
None of the content published on SimpleOptionStrategies.com or within SimpleOptionStrategies.com’s Telegram Trade Channels constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. SimpleOptionStrategies.com is not responsible for any losses incurred as a result of using any of our trading strategies.
