Bob Lang explains how investors can take advantage of a holiday by using options and selling premium.
We are adding a postion in Whirlpool, which is well positioned to benefit from a resurgence in home appliance replacement demand.
It was a quiet week for the model portfolio, but we continue to search for new model portfolio candidates.
The stock is up about 30% from our cost-basis price, so we are taking this opportunity to right-size our position.
The company handily beat estimates and we remain bullish on this cash-rich, undervalued retail play.
But the continuing geopolitical pressures warrant increasing conservatism at current levels.
Bob Lang explains that using options and having a plan in place can help mitigate the fear of letting a profit turn into a loss.
As geopolitical pressures have been creating a lot of volatility in the market tape, we added shares to one model portfolio name last week.
Bob Lang explains that the right controls in place can help any trader deal with inevitable financial losses.
All in all, we remain bullish on the name.