At week’s end I am up $520 and overall the portfolio is up a little over $2000.  I am inherently bullish, so I will be closely watching indicators when deciding how to proceed next week!  If you want to follow my alerts and take advantage of our service go to www.LegacyOptionsTrading.com.  Right now you can get your first week free and see for yourself the value these alerts provide.  I am very confident you will make enough on your first trade to more than cover the subscription cost.  Thank you, have a great weekend!

Weekly recap of stock market news and the profits generated by Legacy Options Trading

My week in review, actual real money trades in my account.  I have an easy to follow vertical put spread system that reduces your risk while only taking trades with the highest chances of success.  Not all are winners, but the winners out earn the losers.  Please check it out for yourselves! Go to the Legacy Options Trading website for more information!

After a 5% correction in the S&P 500 during September, October rewarded bullish investors by bringing the index up a little over 6%.  Last week alone saw a 1% increase and new all-time highs! With the markets ability to shake off disappointing earnings reports from Amazon and Apple and the VIX sitting at 17, near pre-pandemic levels, there is much to be hopeful for looking forward in the market.

Risks going forward are the continued inflation increases, but there are indications this may tied to recent supply chain issues across multiple sectors.  Also hanging over the market is the Fed monetary policy and bond buy tapering that has been signaled by the Fed. While tapering is not set to begin until mid-2022, it is likely to be followed by a rate increase.

While there are risks on the horizon, we will continue to use our tried and true indicators to evaluate the market on a daily basis and find the most profitable trades for our subscribers to consider.

If you haven’t yet subscribed to the Legacy Options Trading alert service, go to www.LegacyOptionsTrading.com for more information.

My weekly review of trades and market information. Give it a listen and follow for next weeks alerts!

Welcome to the Legacy Options Trading Weekly Roundup.  Today I will be going over the week's news, market movement, and my trades.  Follow along on Twitter @Options_Legacy or on Stocktwits @ Legacy_Options_Trading.  Coming soon you will be able to subscribe to my real time alerts and learn my trading strategy at www. Legacy Options Trading .com.  Now, on with the recap.