Last trade of July…

Good morning and Happy Friday!

Yesterday the SPX took out the all time high but could not hold on to it. Today is the last trade day for July. We are now moving into a seasonally bearish period and should expect more volatility. On Monday, I recently liquidated all of my stock positions mainly due to me taking advantage of tax incentives here in Puerto Rico. But I also wanted to start over and create a steller stock portfolio made up of growing positions. I think I will have a better chance over the coming months of getting good prices on stocks after they have run up a lot. But if you are long term investor, don’t sell your quality stocks but I would recommend that you trim and cut out your losers. Enjoy your weekend!

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.

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