Quantcast
Why is the Market Just Sitting There?

Why is the Market Just Sitting There?

Posted On September 2, 2021 3:52 pm
By:

Monday I sent an email that talked about the opportunity in the market thanks to Powell’s presentation Friday. 

Wow, less than a week and it seems like ancient history at this point.  There’s so much going on in the news cycle that it’s difficult to keep up!

Take advantage of my unique trading approach by becoming an Options360 concierge trading service member for just $19.

So where is the continued run-up?  Why is the market just sitting there?

Truth is I don’t know.  

Heck, we aren’t even guaranteed that the bull will keep running, the accommodative measures just increase the chances.  

Truth is we all know there are no guarantees when it comes to trading. 

Right now there’s is more affecting the market than just monetary policy. 

THAT is why in Options360 we trade the market we have.  Philosophy and belief will get you killed out there!

That’s why earlier this week I placed an Iron Condor trade in BABA.  

In case you missed it, yesterday I talked about Iron Condors and explained how we closed a trade in ROKU for a 60% return in less than a week.

I expect similar results with BABA. 

The Bulls and the Bears are obviously fighting behind the scenes for dominance, and the result is the market is barely moving, until one or the other wins. 

That’s why it’s so important to use all the strategies.  If I just made a call or put recommendations, it would be more challenging to find a good trade right now. 

However, because we can use any appropriate strategy, we can make money even when the market is moving sideways

Up, down, or sideways…

We find ways to profit in Options360.  

You can join us for just $19.  I don’t understand why you have not already!

To Your Success,

Steve

[Last Chance] Don’t Miss the Next Recommendation. Take advantage of my unique trading approach by becoming an Options360 concierge trading service member for just $19!

About author

Steve Smith
Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.

Leave a reply

Your email address will not be published. Required fields are marked *