September 2023 Core Commentary

Posted at: September 8th - 3:14 PM

Monthly Option Alert

Alert Message

Welcome everyone. Markets are in a seasonal pullback mode right now. Several factors come into play next week. First will be AAPL with the new Iphone 15 rollout (typically a sell the news situation) on Tuesday. Next is news for GOOG and MSFT under antitrust, a UAW strike looming Friday, and finally getting ready for the Fed on 9/19-20. All this will lead to market jitters so I choose to go the way we have and wait till Monday to look the field over. I will update this Commentary Monday before the market opens. Our pre-trade analysis shows our week as being very strong over the past 20 years so we have that and an oversold Nasdaq that could give us a short rally.


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All options are buy to open, sell to close. Options follow the following format: Stock + Expiration Date + Option Type + Strike Price. Example QQQ201220C120 = QQQ 2020/12/20 Call $120.

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