@koolgal:πππOctober is shaping up to be a high stakes month. The September rally was fueled by improved earnings, resilient consumer data and growing anticipation of rate cuts. That is why many analysts including JPMorgan believe that October could continue the upside rather than reverse it. One of the main reasons is that rate cuts are no longer a distant hope. They are happening with 1 to 2 more cuts projected this year. Corporate outlook is also improving especially in industrial, financial and tech sectors. However the risks to watch are geopolitical escalation in the Middle East as well as inflation rearing its ugly head due to tariffs. Earnings disappointments in Q4 could also stall momentum. Nonetheless I invest with optimism and a long term horizon by dollar cost av
Replying to @Shyon:Option trading is risky for me as I do not know how to trade option. But happy ttading to those who knows!//@Shyon:The market feels tricky right now. The S&P 500 seems range-bound after a few days of decline, but high valuations and gold hitting new highs suggest underlying risk. As a beginner in options, Iβm cautious about jumping into an Iron Condor on SPY and prefer to watch the indexβs behavior over the next few sessions. Intelβs recent surge is tempting, especially with news of potential investment from Apple. If I hold shares, selling covered calls could lock in some premium while allowing upside. For new positions, a Bull Call Spread limits cost and r
Replying to @Shyon:Hoping to buy some shares in October. Happy trading//@Shyon:In September I stayed cautious but still caught parts of the rally. The market defied seasonal weakness, and $Tesla Motors(TSLA)$ and $Apple(AAPL)$ showed how fast sentiment can turn. I didnβt grab every big mover, but I did benefit from the strength, and overall Iβve managed to stay ahead of the index this year with selective entries and exits. For October, I know itβs historically weak, but I lean a bit optimistic. With the Fed