Looking at the current condition the market is in today,I think it's an excellent time to sell Puts on SPY. This comes in junction with 2 factors considered:
1) EVS of employment data was much lower when comparing seasonally adjusted numbers.
2) This gives the Fed another reason to develop a hawkish view for rate increases (sounds like that too in the live meeting)
3) This follows a very similar pattern, where equities experience a rally followed by companies issuing lower guidance and weaker sales abroad.
Does anyone think this is just a smoke show and that equities are going to continue decline? Or that trade talks may result in a bigger rally?
Submitted January 04, 2019 at 11:07AM by bliss19 http://bit.ly/2Vw82Cz
