It looks like the U.S. and China have reached a “phase one” trade deal. However, based on Friday’s price action the stock market was unfazed.
On Monday, Dec. 9th Apple, Inc. (AAPL) stock closed at $266.92 and on Friday, Dec. 13th it closed at $274.55.
On Monday, Dec. 9th Visa, Inc. (V) stock closed at $182.84 and on Friday, Dec. 13th it closed at $185.14.
On Monday, Dec. 9th The Walt Disney Company (DIS) stock closed at $146.18 and on Friday, Dec. 13th it closed at $146.38.
On Monday, Dec. 9th Mastercard Corporation (MA) stock closed at $289.15 and on Friday, Dec. 13th it closed at $296.09.
So far stocks are unfazed by this new trade deal. Over the next 15 days covered calls will be your best trade, as I expect volatility to be low.
Stay focused. Stay positive.
Tyrone Jackson
The Wealthy Investor
