«Not a Bad Time to Check»

Coach Mark here.

Bulls has a fantastic November and December. Bonds and equities alike had amazing rallies, the trends were clean and the trades were plentiful. Just about everything worked on the bullish side of the equation. Buying stock, Poor Boys Covered Calls, Naked Puts, Bull-Put Spreads, Bull-Call Spreads, and just about anything you through a dart at worked from a strategy perspective. It was a good stretch. It was a get healthy stretch.

January has been much different. It has been a different environment. It has been an environment that has required a different mindset. Ticker symbol selection has been much more important than it was at the end of 2023 where everything rally. More importantly strategy selection to start the year has been key in the short term. This has not been the environment to go 100 miles an hour down the freeway. It has been more of a stretch to take a slow Sunday drive. Theta can do that for you.

Both my brother Matt and I in recent weeks have been discussing on the Trading Justice podcast and Halftime Report how this is more of a theta environment over a delta based one. Is your theta working? Have you adjusted coming out of the New Year break?  

Come join us on the Traders Lounge during the morning, the Halftime Report during the day or listen to the Trading Justice podcast released each Sunday night.  We will help you think through your portfolio and trading decisions. The power of community is amazing and we are honored to be a part of this one and help where we can.

Have a fantastic Wednesday!


U.S. Dollar ($DXY)

Much ado about nothing so far as a general rule. Some stocks up, some down, but the overall trend of the market has been very neutral. We will see where we stand at the end of the week but the dollar chart will likely have a large part in that discussion and one to watch when CPI data comes out tomorrow morning.

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