Selling Puts after Brexit

The S&P 500 (SPX) is down over five percent in the past two trading days. However, trading today closed at 2000.54, a key psychological support level. It is difficult to predict the impact of Brexit both short- and long-term. However, the U.S. economy is in fairly good shape with seemingly low unemployment, strong consumer spending…

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Weekend Portfolio Analysis (June 18, 2016)

Market Analysis Stocks fell in volatile trading as investor sentiment continued to weaken ahead of next week’s “Brexit” vote. A clear swing in opinion polls in favor of the Leave camp put markets on edge this week. Investors also focused on commentary from central banks around the globe, which wasn’t surprising, considering the Federal Reserve,…

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Weekend Portfolio Analysis (June 11, 2016)

Stocks rallied during the first half of the week marking a new high for 2016. However, the rally was short-lived. The SPX came within 12 points of its historic all-time high on Wednesday, but was unable to continue the upward momentum. On Friday, the market gave in to selling pressure and the SPX closed down…

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Weekend Portfolio Analysis (June 3, 2016)

Market Conditions Jobs… jobs… jobs… The market was quiet for most of the abbreviated trading week in advance of Friday’s much anticipated jobs report (or ‘lack of jobs’ report). Non-Farm Payrolls rose by just 38,000 in May, the weakest performance since September 2010, the Labor Department said Friday. This was significantly below the estimate by economists…

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