Gold Miners hit New 52-week High
It's the type of environment where Utilities and Consumer Staples are making new 52-week highs.
In fact, these are the only 2 sectors in the S&P500 that are making new 52-week highs.
At the industry group level, however, there are other more "defensive" areas that are shining in this environment.
Look at the Gold Miners Index hitting new 52-week highs, along with one of the leaders in the space Wesdome Gold Mines:
Is this the type of market where it's best to do all those things that worked so well for us last year?
Or is this quite obviously a very different market where different types of strategies are much better?
I encourage you to Join us at 2PM ET today for our Options Execution Lab for Premium Members of ASC Options.
If you're already a Member of ASC Options, then check your email for the invite link and we'll see you today @ 2.
For everyone else, today's Options Execution Lab will include a walk through of entering our Income Generating Trades in the open market.
It is only 1 simple strategy. But it could have potentially up to 3 steps.
We'll go through each one today @ 2PM ET.
Click here to join us.
See you in there!
JC