Quick summary of today's piece: After an historic run over almost three months, the bond market has become extremely oversold (overbought on yields). Can a reversal in this market help stocks rally further soon?
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---Called the upcoming bear market in late 2021
---Turned bullish on oil stocks in October of 2020...and remained bullish on them in the first half of 2022.
---Bullish comments on AAPL led to 400% gain in the call options in May.
---Bullish call on FXI (Chinese ETF) led to gains over over 5000% on their options in March.
"Morning Comment" is no longer being published by Marketfy. Therefore, if you would like to continue to get great calls likes these, please go to themaleyreport.com and sign up for the new publicans now!
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Thank you very much!
Matthew J. Maley
Chief Market Strategist
Miller Tabak + Co., LLC
Founder, The Maley Report
275 Grove St. Suite 2-400
Newton, MA 02466
Although the information contained in this report (not including disclosures contained herein) has been obtained from sources we believe to be reliable, the accuracy and completeness of such information and the opinions expressed herein cannot be guaranteed. This report is for informational purposes only and under no circumstances is it to be construed as an offer to sell, or a solicitation to buy, any security. Any recommendation contained in this report may not be appropriate for all investors. Trading options is not suitable for all investors and may involve risk of loss. Additional information is available upon request or by contacting us at Miller Tabak + Co., LLC, 200 Park Ave. Suite 1700, New York, NY 10166.