Good morning!
Back in the saddle again after a week long vacation in the Smoky Mountains. Most of my trips there have been on the North Carolina side but this time we spent most of our time on the Tennessee side. Beautiful part of the country there and everyone I met was super nice. I will be visiting there more often for sure.
Today, markets are consolidating after last week’s rally. I expect sideways to up direction were any and all dips should be bought. Bond rates are up this morning over 1.6% on the ten year but still very low relatively speaking. Crude up over $80 now and expected to move higher as supply constraints are front and center. The question is will it affect consumers as more dollars to fill up the tank. But there are less commuters these days and that trend will continue. Pick the stocks that you want to buy this week since I don’t think we will get a lot of opportunities at these prices.
Talk soon,
Al Losada
Founder | SimpleOptionStrategies.com
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