It's Time to Put the Offensive Team Back on the Field

Our stock market indicators have turned positive this week, signally us to the fact that there are more buyers than sellers in this market place. How long our defensive team (buy stocks and ETFs) will stay on the field is anybody's guess. But until the defensive coach (move to cash via money market) tells us to protect our portfolios, we are going to try and gain a few yards; (make money). Until we lose possession of the ball ( stock indicators turn negative) we can safely initiate covered calls in our portfolios…

read more