What Will the Coming Rake Hikes Do to the Market?

What Will the Coming Rake Hikes Do to the Market?

Posted On June 4, 2022 9:30 am

Last Thursday the AP reported that the Fed is looking to raise interest rates between .%5 and 1% in the June meeting…

And that could be devastating for stock prices.  

As a matter of fact, the markets opened down on Friday because of the news. 

So, what does that mean for you and I?

Well to be straight to the point, it’s time for caution and to grind out the trades

That’s my standard practice.   However, because of the volatility, it’s a much more difficult proposition. 

Traders need to be more cautious than ever, take the wins where you can find them.  

For example, we closed out a trade in the SPY yesterday for a solid gain.  

We didn’t close everything at once…

We closed the one leg at 9:30, the second at 9:50, and finally the third leg at 10:30.

The market was moving fast and if you were not watching closely you may have missed the opportunity to take profits. 

That’s why you need to watch the market closely or work with someone who is watching closely and keeping you up to date with each trade.  

That’s what I do for members of my Options360 concierge trading service.  

I will keep you up to date for just $19!

Just click here and accept my invitation for a trial subscription.  If, at the end of the trial, you are not happy with the service just cancel and you’ll never be charged another penny. 

However, if you are like most of the people who take the trial – you’ll never leave!

To Your Success,


About author

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.