The new highs are all anyone can talk about, and yes, we could have hit a bit of a top. No need to panic, though! After a modest pullback, we’re probably looking at higher prices on the horizon as long as volatility stays low.
Speaking of volatility, the VIX still hovers around 12%, which is good – there is not much fear in the markets right now. Given the fact that markets are currently moving on their own – there is with little news to drive prices lower – we could see a melt up continue.
With the long Labor Day holiday weekend upon us, premium selling is our main objective right now. Baidu (BIDU) is my favorite, but 7 other great names are also on my radar – take a listen to this week’s webinar to learn which ones to keep your eye on!
