Money Vikings

Money Vikings

Share this post

Money Vikings
Money Vikings
Weekly Market Report (5/15/22-5/21/22) & Hot Trades
Copy link
Facebook
Email
Notes
More

Weekly Market Report (5/15/22-5/21/22) & Hot Trades

Monday and Tuesday it looked as if the market was turning around, however the rest of the week it gave back all the gains and more. The S&P 500 ended the week down -3% with Consumer Staples the worst

Money Vikings (Jerry)'s avatar
Money Vikings (Jerry)
May 22, 2022
∙ Paid

Share this post

Money Vikings
Money Vikings
Weekly Market Report (5/15/22-5/21/22) & Hot Trades
Copy link
Facebook
Email
Notes
More
Share
source: finviz

Energy, Healthcare and Utilities led the week, while Consumer Discretionary, Consumer Staples, and Technology lagged the market. Betting the Target and Walmart drops were a tad overdone, I sold a naked XLP 65 strike put out to July 15th for a $90 credit. (You may want to also buy a 60 put for insurance if you do this because naked puts carry the risk of having to acquire 100 shares of stock at a price much lower than your strike).

Weekly SPY

Monday and Tuesday it looked as if the market was turning around, however the rest of the week it gave back all the gains and more. The S&P 500 ended the week down -3% with Consumer Staples the worst hit, while Energy continued to lead.

Weekly Bitcoin

Trading just a hair below 30K at the time of this writing, BTC is down almost 2% the past week and seems to be range-bound between 31K and 28K.

Rates

Watching a possible head and shoulders formation on the 10 year yield. A head and shoulders is often a precursor to a bigger drop. Since yields and bonds trade inversely to each other, does this means bonds are beginning to recover?

Treasury yields for the 30 year, 10 year, and 2 year continued to decrease this week. All are trading below 3%. Time to consider adding bonds to your portfolio?

Dollar

The US Dollar declined by 1.54% this week. Some of our short dollar trades worked out, and I'll continue to look for more opportunities, and call them out on Discord when I see them. (Note: Discord is for premium members).

Discord - https://discord.com/invite/DbMtX7ZE

VIX

Like the prior week, we've been rangebound and ended the week below 30, even as the market lost another 3% this week.

Hot Trades - QQQ Iron Condor & Nanos Options

Keep reading with a 7-day free trial

Subscribe to Money Vikings to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Money Viking
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More