Latest Stock Buy or Sell?

Market outlook. Yellen was supportive of Powell's re-appointment. It is calming for markets if Powell is reappointed. How much is the Feds going to spend, and how much will be monetized. Taper is on the agenda. Expectations are for beginning of tapering to be pushed back due to delta variants.

Saw in the Feds meeting minutes that there is a signalling to hawkish attitudes. In the weakness, if delta is an issue, tapering can be pushed out. Should put upward pressure on interest rates and cool markets.

Saw a big announcements from major corporations that they are mandating vaccine shots. There is also tightening in Australia and China from the variant. However, ultimately demand will come back in due course. There is some uncertainty still.

Gold. Downgraded assessment the outlook for gold. Should be rallying more than it should be. It should be trading at 2200-2400 range. Digital assets are taking away money from the traditional inflation hedge from gold.

Owns US large cap equities with a covered call. Good for yield strategy. Really likes it. Long 50% with covered calls, and puts with 5-15% lower. Buy-low, sell-high strategy. Half the volatility of S&P 500.

Big cap tech with extra yield from covered calls. Get pretty good premiums since volatility is high. TXF has a covered call. Over-valued right now so wait for a pullback. TXF.B has no currency hedge.

A lot of money is unclear on China. China wants to be the biggest economy of the world, as the reserve currency and wants to lead. However, they cannot do this without opening capital markets and letting it thrive. Accumulating every notch down. An opportunity to add every few pullbacks. However, there is limited visibility on the future.