Trade Findings and Adjustments 10-10-24
Keve Bybee – keve@hurleyinvestments.com
What’s going on in our market?
- Setting new highs and still bullish
- Risks:
- Hurricane Helene and new hurricanes hitting our east coast
- Longshoremen strike was causing worries of supply chain price increases (settled)
- Israel/ middle east conflict and rising tensions with Iran.
- Presidential election
Trades?
- MU still looks like the best opportunity for a bullish trade in a bullish market
- Other tech’s look nice but haven’t sold off as much as MU and not as much upside
- Look at portfolio protection with SPY puts or individual puts to protect shares.
