Fast Money Blog- 3/4/22
As I’m sure you know, the stock market reacted not only to the proposed Federal interest rate increase, but to Russia’s continued aggression against Ukraine.
Technically speaking both the Dow and S&P remained range-bound this week, which means that these indexes avoided major declines.
What is the number one trade in this market ?
To continue to generate residual income, you should be selling 3 to 4 week out-of-money covered calls.
In this market you will need to stay patient and to stay positive, until these negative external events come to their conclusions.
Tyrone Jackson
The Wealthy Investor