We haven’t been posting much because we’ve been busy liquidating portfolios. We think the market is too hot now and we’ve taking this opportunity to liquidate our DIVOS stock positions. We still hold a few small positions but for the most part the following have been sold off: JNJ, SSREY, O, GOOGL, CF, MO, MMM, and MDT. We continue to hold PFE and GILD.
The best idea we have now is to execute buy-write on IWM in anticipation of lower Fed rates in the upcoming future however we temper our enthusiasm with the possibility that inflation may flare up again forcing the fed to hike rates. This is why we are simultaneously long and short IWM and watch it daily to react accordingly to possibly liquidate our position fast. Our key advice is to be cautious about every trade and ensure you do your own due diligence.
Stay tuned, stay profitable and stay solvent…