Triple Play Income Trade Alert: BX, OKE, PM

We have several positions with calls or puts expiring today that we need to manage. Let’s get to it. Blackstone (BX): 123.15 Blackstone stock is rallying and giving us a good chance to collect even more cash. There’s plenty of premium in BX to roll calls out one week at a time. Let’s roll our […]

3 Trade Ideas To Consider With Higher Interest Rates On The Way

higher interest rates

The Fed just raised rates by a quarter point.

Along with the hike, the central bank is penciling in another six rate hikes this year. For 2023, we could see another three hikes, with no hikes in 2024.

In fact, officials are signaling they expect for the rate to rise to about 2% by the end of the year. By the close of 2023, the rate could be up to 2.75%.

A Big Opportunity With Discount Retailers?

March 18, 2022 A Big Opportunity With Discount Retailers? When’s the last time you paid this much to fill up your car? Or stock up your refrigerator? It’s been years.  So, it really comes as no shock retail sales were only up 0.3% in February, as compared to a 4.9% increase in January. “Inflation is […]