The S&P 500 has surged more than 18 percent this year, with its only meaningful pullback a late-May to late-June panic over fears that the Federal Reserve might pull the plug on cheap money earlier than expected. Beyond that, the market seems perfectly willing to ignore profit reports that signal a dismal quarter behind…
“Even though stocks seem prepared for a post-QE [quantitative easing] world, any data that would hint at an altered, or quickened, trajectory of a QE exit might still cause some stress,” noted Jared Levy, senior equity strategist at Zacks.com, in emailed commentary. Read Full Story HERE
THE BABY BOOM EFFECT Jared Levy, author of “Your Options Handbook” and managing partner at Belpointe Alternative Investments in Greenwich, Connecticut, says it is no surprise that baby boomers are driving the options train. “A lot of the increasing volume has been coming from boomers with high net…