The up-every-day market is back, but so far it isn’t so bad. One of my positions, Archer Daniels Midland (ADM) is slipping lower. This kind of stock doesn’t have the drama of, let’s say, an NVDA, but it’s well-positioned to keep inching lower, which is why I deliberately choose options with lots of time.
Here’s the longer-term view:
I’m keeping plenty of powder dry, since I’ll be more comfortable getting potentially aggressive after tomorrow morning’s CPI release.
