Money Vikings Investing - Week of 10/29 π
In This Issue: Market Report, Finviz/Sector Analysis, Weekly Sentiment Analysis, Fear is our Friend
This past week had a lot of earnings, but was still not enough to pull the market back up. SPY, IWM, and QQQ all lost 2%, while DIA declined 1.73%. The VIX did retreat and Gold continues to ascend. Rates have not continued to climb, but Iβm still enjoying close to 5% on my savings and money market accounts. I opened another Iron Condor out to December, and opened a 28/38 earnings strangle for INTC out to December for a $91 credit. A few covered calls were also closed and reestablished in AMZN. We continue to have a busy earnings week coming up with Apple, Starbucks, SoFi, AMD, McDonalds, Pfizer. We also have a Fed Rate Decision & Press Conference on Wednesday.
We have given our truewealth site a facelift, and have gone dark for halloween. We will try to keep market data and finviz heat maps updated daily, so be sure to check it out and give us any feedback you have.
Have a safe and Happy Halloween! Β π
Greg & Jerry
Finviz Heat Map & Market Summaries 10/23-10/27 (Weekly)
VIX, Fear & Greed Indicator
SPY, Last Week Price Action
AAII Sentiment
Interest Rates
Economic Events & Earnings
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(New!) SPY Iron Condor
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