Fast Money Blog- 7/15/22

On Wednesday, July 13th, the Bureau of Labor Statistics announced that U.S. inflation accelerated to a forty-year high last month.

The headline consumer price index for the month of June was estimated to have risen 9.1% from last year, up from the 8.6% pace recorded in May. The June reading was the fastest rise since December of 1981.

I expect the Federal Reserve to continue to raise interest rates over the next 90 days. In the short term, 30 day out-of-the-money calls mixed with Bear Call Spreads will be your best income generating trades.

This is a market for skillful traders.

Stay Open! Stay Positive!

Tyrone Jackson

The Wealthy Investor