Update: March 13, 2017

| March 13, 2017

March 13, 2017

 

Portfolio Update

We had a tiny pullback in the Trump Rally last week, but it was small.

I’m expecting the market to stabilize here… but we need to watch the Fed very closely.  The Fed meets this week, and any increase in rates could jeopardize the rally.   I’m not expecting a hike, and estimates hold at 30% for a hike right now… but you never know!

If the Fed holds this week, the probability of a hike will loom large at the next meeting.  

Either way, we’ll start looking at protective puts in the next few weeks!

Let’s look at the portfolio…

 

Portfolio Highlights

Just a quick note:  We won’t update every open position every update.  I try to focus on the positions that have some significant news or price movement.

We have a bunch of options that are close to expiration, so if you have a chance to exit at a profit, or to conserve capital, take money off the table!  Here’s what’s about to expire:

  • BBT $48 Calls…
  • COF $92.50 Calls…
  • AIG $67.50 Calls…
  • GNC $7.50 Puts…
  • BBY $45 Calls…
  • ROST $67.50 Calls…
  • M $33 Calls…
  • DKS $52.50 Calls…

 

Category: AOA Updates

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