Trade Findings and Adjustments 07-13-23
Keve Bybee – keve@hurleyinvestments.com
What’s happening?
– Market BELIEVES yields have topped out
– Market BELIEVES Fed is nearly done raising rates
– BELIEVES inflation is going to continue to come down
– BELIEVES economy is slowing down
– This is what is giving our market a boost
META
– Hopefully one that we can continue to see recover to highs
relatively soon
– We took off a few 240/300 for a 40% profit in that trade
– We’ll look to find the best time to take a profit on all the rest of
those BULL Call contracts.
DIS
– Analyst has come out to say that foot traffic at parks is low
– As we have gathered real eye witness accounts of wait times at
parks, we STRONGLY disagree that parks aren’t getting a lot of
visitors.
– HIGHLY sought after OOGIE BOOGIE BASH tickets had
ridiculous wait times just to buy tickets for the dates available.
– The queue for tickets started at 10:00 a.m.
– I didn’t get in to buy tickets until like 5 or 6:00 p.m.
– By the time I got in to buy tickets there was only one date available
luckily
– IN OTHER WORDS: I don’t buy the whole “low foot traffic in
parks” criticism at all.
