You FADE the INITIAL REACTION on $SPY at 2PM EST once the Rates are given out and you PLAY the opposite when Powell Speaks at 2:30PM EST.
Example: If initially the market falls at 2PM you would go long at 2:25-2:35 once he starts to speak &this can be… twitter.com/i/web/status/1…
May 3-4 #FOMC Example: 2PM initial reaction red and went lower and started consolidate then the circle shows 2:30 starts to spike after the fake break down for a $7-$8 MOVE to upside in under 1 HOUR! 📈
July 26-27 #FOMC Example: 2PM initial reaction you see the red higher wick and falls. Then you see at 2:30 fake out again to downside then RIPPED UP for a $14 POINT MOVE IN 1 HOUR. 🚀
Nov 2 #FOMC Initial Reaction on $SPY $SPX to upside at 2PM, big green candle, opposite move as usual at 2:30 leading a $140 POINT SELL IN UNDER 2 hours for the E-Mini
By writing covered calls, you profit from the premium you receive
You write (sell) a covered call option that earns a premium (from the buyer of the option)
This strategy generates income while you participate in long-term price appreciation
A covered call option is a strategy used in the stock market to generate income on existing positions. It involves selling a call option on a stock that you already own.
Money is a tool and every dollar you own should be working for you in your sleep.
Follow these 10 tips to make your money work for you:
Please ❤️ & ♻️
1. Build long-term wealth in tough times 💪🏽
Keep a growth mindset and stay determined through economic downturns📈
Remember, recessions are temporary.
Focus on long-term wealth building.
2. The path to financial freedom 🚀
•Eliminate consumer debt
•Cut expenses with a budget
•Secure your finances with an emergency fund
•Maximize your retirement savings with Roth IRA & 401k
•Boost your income with investments, side hustles, real estate & small business
A HIGHLY UNDERRATED STRATEGY THAT I USE TRADING $SPY 🚨
A credit spread is a type of options trade where the trader sells options contracts to receive a premium, with the goal of profiting from the premium when the options expire.
For example: If you buy at .05 you make money when the contracts fall in price for example, if it goes to .04 you will up 20% on that position.
Use your salary to invest in passive income so that passive income replaces your salary.
Here are 7 common ways to create passive income: 💵
Active income is temporary but passive income is forever. Here are 7 common passive income streams:
• REITs
• Real Estate
• Renting Space
• Dividend Stocks
• Affiliate Marketing
• Option Spreads
• Digital Products (Courses & eBooks)
Let's discuss each:
1) Real Estate
You can leverage borrowing money from a bank to purchase a property, while tenants help pay the mortgage & you generate rental income as well as appreciation.
Over time, the property appreciates, the mortgage gets paid off & it becomes cash-flowing asset.
May 3-4 #FOMC Example: 2PM initial reaction red and went lower and started consolidate then the circle shows 2:30 starts to spike after the fake break down for a $7-$8 MOVE to upside in under 1 HOUR!