Market in Decision Range
by: Matthew Whiz Buckley
In today’s Monday Market Outlook, WCI’s Chief Investment Strategist Matthew ‘Whiz’ Buckley discusses how the market is currently in a ‘make or break’ week, given that we’re in the heart of earnings season.
“Weak earnings out of Caterpillar (CAT) and defensive sectors leading the market are signs that we may see the seasonal pullback we’ve seen for the past three years,” says ‘Whiz.’
He also identified a Weekly Options trade on AAPL, an iron condor, and added it to the Model Portfolio that has the potential to gain $2,000 in a day and a half.
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