📈 Fed Shocks Markets: Surprise Rate Cut Rocks Markets!

[@kevbrewuk]

Mark winner, hands down.

[@BJJJUDO]

cost of living, clear winner

[@Dmanz1983]

Great opening today with your analysis of the fed move. Mark wins joke of the day. What do you guys think of NKE for a potential wheel move? Looks like an excellent set up. Keep up the good work.

[@DavidUloth]

NKE was a good wheel candidate when it was down around 75$, but now it seems a bit high IMO.

[@rockwelltradingservices]

Thinking About NKE (Nike) for the Wheel Strategy: 1. Check How the Stock is Doing: - Look at how NKE has been performing lately. If the price is stable or has gone down a little, it might be a good choice. 2. Look at the Numbers: - Check if NKE’s P/E ratio is below 20. This means it could be a good value. Also, see if it pays a dividend, which is extra money you can earn. 3. Find Support Levels: - Look at the stock chart to find where the price usually bounces back up. If it’s close to one of those levels, it’s a good time to think about selling puts. 4. Sell Puts: - If you decide to go for it, you can sell puts at a price where you’d be okay buying the shares. Make sure you get enough money (premium) for doing this. 5. Sell Calls Later: - If you end up owning the shares, you can sell calls to make more money. Keep an eye on how the stock is doing and adjust your plan if needed. In Short: If NKE looks good based on these points, it could be a smart choice for the wheel strategy. Just remember to watch the market and any news that might affect the stock!

[@deepakseshadri7037]

Definitely the cost of living joke! 👏

[@rockwelltradingservices]

Lol! Thank you!

[@taranejad1]

Mark is the winner today

[@atato1331]

I agree and has the perfect attendance haha!

[@rockwelltradingservices]

Thank you for watching!

[@MichaelMcdonald69]

The jokes are somewhere up there with inflation.

[@rockwelltradingservices]

Hey, if my jokes are inflating like that, maybe they’re a good hedge against the market! 😂 But hey, just like inflation, timing is everything. Stick around - I promise I’ll bring them back down to earth!

[@Heisenew]

It's hard to say the winner today