Income Masters Trade Alert: MOS, NKE

I am recommending we roll our Mosaic (MOS) and Nike (NKE) puts. We are going out two weeks due to next week’s Federal Reserve meeting. While the Fed is widely expected to raise rates 0.75%, the market could move sharply in either direction based on the actual size of the rate hike and the Fed’s…

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Income Masters Trade Alert: AMAT, MOS

As I said in the previous alert, semiconductor stocks were hit in the second half of August on concerns about how a potential recession will impact demand from the automotive and industrial end markets in addition to consumer electronics. I believe these fears are overblown. Like Micron Technology (MU), Applied Materials (AMAT) is significantly undervalued…

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