Fast Money Blog- 3/31/23
Over the last month the two standouts of the Dow Jones Industrial Average have easily been Apple, Inc. (AAPL) and Microsoft Corporation (MSFT).
A month ago Apple stock was at around $147 and ended today, Friday, March 31st at $164.90.
The rise in Apple stock reflects a typical run up before the earnings period.
A month ago Microsoft stock was around $247.37 and ended today, Friday, March 31st at $288.30
The pop in Microsoft stock is in part because the company is viewed as a leader when it comes to Artificial Intelligence.
Important Note:
I highly recommend that you do NOT reinvest your covered call profits in the month of April, but rather, let them sit in your account as cash. This is important as you will need to distinguish the Q1 winners from losers.
Stay Open! Stay Positive!
Tyrone Jackson