Friday, July 14, 2023

Create An Income Strategy

It's Been A Great Week For Stocks
image

Hey traders,

It's been a great week for stocks.

Hopefully you've using the chart setup I gave you in this video a while back.

If so, look at SPY. It's been making new 52 week highs. This is very significant — and very bullish.

But how many of the stocks in the S&P 500 have made a new high?

You'll find that it's just a handful of stocks pushing the index higher.

But a rising tide lifts all boats…

image

Using that chart setup I told you about, check out SPY, QQQ and DIA.

I think you'll find something interesting. Especially if your platform lets you compare all 3 on the same chart.

Which one is up the most? And which will go even higher?

In the meantime, hang on to some stuff you have that's in a profit — you can even use that stock to create an income strategy, because options premiums are still sky high.

If you want to find out how I've been doing it for decades now, watch this video.

Trade well,

image

Jack Carter

Jack Carter Trading

Unsubscribe

Superior Information 300 Center Drive #G140 Superior, Colorado 80027 United States

No comments:

Post a Comment

Could CVS Health (CVS) Be a Safe Haven as Healthcare Costs Rise?

Healthcare costs in the U.S. are surging, placing significant financial pressure on consumers, insurers, and providers. The growing demand...