Archive Category: Wednesday Windfalls Updates

Weekly Trade Wrap video: October 27, 2022.

I mentioned yesterday that I wouldn’t be doing a trade wrap this week. Nevertheless, I wanted to say “congratulations” on six winning trades these last couple of weeks — especially in a market that looks bleak. Your discipline netted you wins! Yesterday, we sold our calls on Ford Motor Co. (F), Vipshop Holdings (VIPS) and the iShares 7-10 Year Treasury Bond ETF (IEF) for double-digit wins when the broader market was flat after falling 1% on Monday.

Weekly Trade Wrap video: October 6, 2022.

Weekly Trade Wrap video: September 29, 2022.

It’s been a tough slog for buy-and-hold investors and our short-term, seasonality-based strategy. The Federal Reserve delivered on expectations yesterday: a 75 basis point rate hike. Based on futures markets, the odds of that happening were greater than 82%. So it would seem that markets had already priced the move in. However, stocks sank sharply lower yesterday afternoon. The Fed’s forecast of how high it’s likely to take rates is now 4.6% — higher than the market expected or liked.