The Week Ahead
Volume 91 - Slowly slowing
Good evening, and a happy St Patrick’s Day to those who celebrate!
I hope you are all well; I’m feeling refreshed after my fortnight in Barbados, but I am sad to be back in England with such miserable weather. It was an excellent week for subscribers from index to oil… We cut our XOM long for a gain. Oil options went ITM, and we have rolled part of the position further out. We are still holding the upside that we sold on NVDA for now, but there are a few single names I will touch base on later in the post.
A few things before I dig in… Feedback from subscribers - you’d like some educational posts like I used to do; I will write one in the coming weeks and will make this a regular thing.
I realised that earlier this year, when I offered 20% off for 20, only 15 were taken, and I shut it off. So click below for 20% off; there are five left.
FOMC
Though the soft landing seems to be in full swing for now, the Fed does find itself in a rather tricky situation. Why? Timing the cuts correctly. Cut too soon, and inflation could accelerate; hold off too long and risk the economy falling into a recession.
SEPs to come… here are my thoughts