Another day goes by and the market continues to rally closing right around 2150. Volatility is shrinking and we are seeing strong leadership from the financials and a few tech names as the market continues its accent. For now, I have not added much and will wait until tomorrow near the close or even Thursday to do so. With Wednesday being known for premium crush, given the lack of volatility I felt it was smart to be on the side of caution. Instead I am taking advantage of the aforementioned premium crush by selling premium, which I will go over in the article.
Daily Recap: Analyzing the S&P 500 & Outlook for Tech Names
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