Optionsellers.com

Good afternoon, this is James Cordier of OptionSellers.com, with a market update for August 11th. This past weekend, I was reading the Barron’s newspaper and came across a really interesting article. The article was named Billionaire Bears Club, and, as the name suggests, just that. It was talking to several of the very well known traders over the years that have amassed great fortunes by calling the market correctly. As the name suggests, you know what they were thinking. They were thinking to sell stocks and that we were about to go into a bear market. But what gives? Over the last few weeks the stock market, both S&P and Dow Jones, continues to make new all-time highs, yet all this bearishness from some people that should actually know which direction the stock market will be traveling. What’s so interesting right now is something called helicopter money is probably being the rationale for the market going up. Of course, all throughout the world, we have negative interest rates. Here in the United State