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Election Correction

The S&P 500 is down 1.8% MTD.  The VIXX is up 15.3%.  The market is nervous.  You can see this with the sudden movement of prices as volume dissipates and the machines take over. This is a good time to sell puts on stocks you want to own.  Pare your positions to about half size as you want to have plenty of fire power  left to actually buy some of the names you sold puts in.  Be ready for the election rally.  At this rate of market decline, either candidate will probably be viewed as positive.  It will just be good to have it over.  The market could have a relief rally albeit brief.

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