Newsroom

Our faiithful companion Dusty passed away this year. He will forever be in our hearts and his legacy shall live on.

 

Market volatility is currently high these days with frequent and rapid rallies and corresponding drops in the major indexes. As the Fed remains focused on fighting inflation, the illusive pivot may still be months ahead.

Although a large number of stocks have experienced massive declines the first three quarters of 2022, we still remain optimistic better days are ahead. We are anticipating additional market headwinds moving forward through the first and second quarters of 2023 and we believe a mixture of both short and long positions shall be necessary to maintain fund growth. Key options position may prove lucrative for tech stocks which have already lost 50%-70% of their value in 2022.

Two heavy hitters (1 tech & 1 Entertainment) we have receintly open positions for are META & Disney. Both companies sustained substantial declines in stock value upon releasing earnings for this quarter, but are both making significant changes to have a positive impact on their bottom line. We are anticipating a 20% to 30% recovery in both stocks as of their closing prices on November 9th, 2022.