A market hedge for traders if you believe this May comeback is a head fake

📆 10/05/2024 16:08:00
📰 CNBC

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Jeff Kilburg believes that this recent Fed-induced rally will stall and gives an options position to capitalize on it.

U.S. equity markets have reversed course in the month of May and once again look to establish new all-time highs. I credit the heavy hand of the Federal Reserve who synthetically cut interest rates by "slowing the pace" of their balance sheet reduction. The S & P 500 has risen nearly 10% in 2024 and has racked up twenty-two new all-time highs. Since I believe that this recent Fed-induced rally will stall, I want to be positioned to capture another potential pullback . .

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A way to take profits and protect your post-earnings gain in AppleJeff Kilburg wants to take some profits after getting long Apple pre-earnings.
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