A crazy week on Wall Street, round two
Crazy swings and crazy volatility was what this week was all about. The President’s tariff war with China continues to dominate Wall Street headlines as well as stock price action.
When the market hits extreme highs, as Wealthy Investors we will sell a combination of 30 day covered calls and 15 day covered calls. This strategy allows us to produce consistent stock trading profits as the market fluctuates.
Remember long-term holds such as The Home Depot, Inc. (HD), Microsoft, Corp. (MSFT), Mastercard Corporation, (MA) and Visa, Inc. (V) will produce wealth in the long term.
Stay patient, stay patient, stay patient.
Tyrone Jackson
The Wealthy Investor
