Update No. 491: Put Options, Dow, UNUM
29Oct22 $UNM
Dear Friends of Purple Chips,
On Thursday, the Dow was around 32,100. What a difference a few weeks makes! Q3 Earnings are coming out and we're seeing a lot of mixed results - expect more volatility ahead. In this video, we look at the following:
Record Put option purchases;
How long it takes before the Dow makes a new high;
Changes in our US holdings;
Talk about earnings and how they tell us where the market is headed;
Look at Unum and the lessons we can learn from it;
Mention the target position sizes for our US and Cdn positions;
Look at Nobel Prize winners and chocolate!
Please click below for the latest:
Please press Play below to view the video.