Leading Off… Stay or Go?

Tim Reazor
Chief Investment Strategist
NorAm Asset Management

I feel as though I’m stuck in The Clash song…Should I Stay or Should I go.  Here’s the first line of the song that describes this market to a tee –  Darlin’ you got to let me know… Should I stay or should I go?

Like The Clash I’m wondering if I should STAY slightly bearish or Go to the bullish camp… as the lyrics also contain this gem… “this indecision’s buggin’ me” and this line brings me to the point of this newsletter… Don’t become frustrated.

Your next successful trade is right around the corner.   The problem is that you’re not sure if it’s a long trade or a trade with a bearish tint. That is why during markets such as this one I’m a huge advocate of utilizing a credit spread strategy.

The credit spread is forgiving because you can be wrong on direction of the stock and still make money.  I’ve written about this type of trade before and covered it extensively on the radio show I share with Danny Stewart, The Wall Street Shuffle.

If you’d like to learn more about this strategy send me an email or give me a call.  We can meet in my office or online and cover the basics of credit spreads and how add this to your repertoire of income producing strategies. Tim.Reazor@NorAmAsset.com or 855.Real.Wealth

Best Regards,

Tim

 

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Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.

 

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