Update: Mixed Headlines - Bulls Take Breather

November 22, 2019

We’re just days away from the big feast, football and dealing with in-laws.

And buyers in this market won’t be denied as the S&P 500 continues to hit new all-time highs.

The major indexes are finding footing after we saw a shallow decline on Wednesday.

Meanwhile, the mainstream media are doing their best to drum up fear and worry… but the market isn’t concerned at all with any of the headlines.

The fear gauge, known as the CBOE Market Volatility Index (VIX) for the S&P 500, is at 12 and below our key level at 15 — indicating that we can keep our rally hats on.

Next week is going to be shortened with markets closed Thursday and equity trading halted at 1:00 p.m. EST on Friday.

Even though it will be a quiet trading week, we’re going to have a great bonus for you next week.

After you fill up with turkey and stuffing, you’ll have a new report to review come Friday.

Your new report will outline the highlights from my presentation two weeks ago in which I shared my “Top Three Options Strategies to Make Your First Million.”

I’m looking forward to hearing your feedback! Until then let’s talk shop…

Portfolio Update

On Tuesday, we bought to open Fireeye Inc. (NASDAQ: FEYE) November 29, 2019, $17.50 call up to $0.30 per contract.

Right now we’re holding:

  • Fireeye Inc. (NASDAQ: FEYE) November 29, 2019, $17.50 call
  • Kraft Heinz Co (NASDAQ: KHC) December 13, 2019, $34 call

As always, keep sending your questions and feedback to [email protected]

My team and I will have a new trade for you on Tuesday.

To your wealth, freedom and options!

Joshua M. Belanger
Joshua Belanger is founder of CounterVest and the editor of Hot Money Trader. He has been providing ordinary investors blockbuster returns since 2008. In 2018, the average return of Hot Money Trader beat the markets by over 15%