The Rocket Crash Landed, But You Can Clean Up

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Hey There Income Hunters,


We saw another incredible day of volatility on Wednesday …


You have to love how the macro themes of growth, inflation and higher rates continue to impact the same sectors the same way.


And it’s all driven by interest rates …


Higher rates negatively impact low-beta (volatility) tech stocks and Gold — and until something changes it will continue.


The catalyst for change could be a speech today by Fed chair Jerome Powell at the Wall Street Journal Jobs summit …


I address that and a couple of other hot topics in today’s Two-Minute Drill video:


  • J-Pow’s big speech and what I think he may deliver …

  • The Rocket Mortgage crash landing and how you can capitalize on a two-day option trade …

  • My Ford (Ticker: F) trade results and the one I am looking to do today …


Have a great day and as always …


Live and Trade With Passion My Friends,


Griff

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William Griffo

William Griffo

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About the Author

William Griffo

William Griffo

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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