Fast Money Blog- 9/23/22

On Wednesday, September 21st, the Federal Reserve announced a third consecutive 75-basis-point increase in the interest rate. This move caused the stock market to have a negative reaction.

I just want to remind you that once the market concludes its negative reaction to the Feds decision, we will see a monster bull run. In the meantime however, it is bear call spreads and longer dated out-of- the-money covered calls that will help generate income and hedge your positions.

As always I’m here to help you generate income whether markets are bullish or bearish.

Be smart. Be patient.

Tyrone Jackson, The Wealthy Investor