HIPOS Weekly Update: Post Election Day Move
After the mid-term election turned out how the pundits predicted it would, the markets rallied big Wednesday and have been selling off yesterday and today.
After the mid-term election turned out how the pundits predicted it would, the markets rallied big Wednesday and have been selling off yesterday and today.
During the recent October 2018 market drawdown, we heard the usual commentary from market professionals who issued their predictable words of wisdom.
After some real volatile trading sessions, today’s Halloween session marked the first time in the last 13 trading sessions that we finished up two days in a row.
This morning’s higher open afforded us the chance to do something we haven’t done in a while; roll the position down (strike prices) and out (date of expiration) for a net credit of 1.2%.