The market seems quite jittery these days with VIX shooting up to 35 at one point, a true panic not seen in many months. But will we still see a Santa Claus rally this year as we often see during this period of time? Based on the following stats, it seems the SC rally will still come. There is no guarantee of course but I feel we have seen enough volatility which is often a contrary indicator for a bullish setup.
I'm traveling right now in Europe, enjoying the warm weather and busy with sightseeing.🏝🏙🕌
But I still take some time to get long by selling naked puts or buying calls for some badly beaten up stocks that are showing a good sign of bottoming. Who knows that these long positions may end up paying for my trips!🤗😇
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