Fast Money Blog
This week on Wall Street we saw profit-taking by institutions. Stocks like Apple Inc. (AAPL), Mastercard Corporation (MA) and Visa Inc. (V) declined slightly over the last 4 trading days. I believe this is just a short-term trend leading up to the next round of bullish activity.
Stay patient. Under these circumstances you’ll find 3-week covered calls will lower your cost basis and bring in the most income.
Stay safe.
Tyrone Jackson, The Wealthy Investor