Trade Findings and Adjustments 03-02-23
Kevin Hurley – khurley@hurleyinvestments.com
Today I want to talk about expectations when investing:
Before you invest you should have some type of Due Diligence (background check)
How much time do you have for the positions to become profitable
Fundamentals: Fear, Interest Rate Hikes, Earnings, China Opening, Hopeium that the back half of the year is more
profitable because interest rate hike will stop for a period of time
What is HI doing? Collar trade, Stock ownership with a long put to act as insurance on the stock
This in the chicken way to be in the market
We still have unlimited upside potential and we have don’t to zero protection on stock
But take a loss on the cost of the protection when stocks move to the upside
Why don’t we go to cash? BECAUSE what if they and YOU are wrong
What IS the next catalyst?
- The next interest rate hike being 0%
So what if stocks keep falling down again?!
- Enjoy another opportunity to buy more shares again
- Protection has been on since earnings!
