Jul. 1 at 3:13 PM
$MSFT $META $NFLX
All 3 of these are about to flip thier charts bullish.
Its been 7 months of time to DCA every friday, and by now i expect all of our averages are pretty low.
Earnings are coming in 3-4 weeks, and we will look to see what happens post earnings before making decisions on how to proceed.
Expectations are, if you have sold puts along the way; slowly allow them to execute and start building shares 100 at a time with a low average and a low cost basis.
On a full bullish break out and return to normal operating prices, we will begin selling out of the money calls, and collect premiums every friday expiring worthless; and fund our next grocery list of stocks.
Somebody will come out of earnings a big loser, and our selling calls will allow us to DCA every friday again.
Good Luck
