the US market did it again. A new high has been reached after price action managed to break above the 3400 on the SP500.
What happened? This article explains the dynamics behind the bullish run and what we can expect next.
We think that uptrend and new high is a combined result:
What next? The SP500 index has seen a break above 3400. This could lure in investments from the sidelines perhaps (as discussed in a previous article) and could boost the market even higher.
All good? Not exactly, we will see a bear market likely before the election takes place, but we discuss this in a future article.
As usual, it’s time to discuss the main question: how should we manage this market with options?
The trend is your friend so we do want to follow it…
But it is even more important to protect your portfolio with SPY or SPX put or bear put.
Thinking about options but not sure yet? There are a couple of ways to move forward before committing to the course or educational signal service. Here is how you can stay in touch:
If you are ready to move forward, then you can choose from:
Marco Doni – ecs.OPTIONS expert and CNBC contributor
The articles are not intended to give any advice on how to invest money, they are just for educational purposes.
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