The NVDA earnings watch ended with a whimper, but tomorrow is another big inflation report, PCE, the Federal Reserve's preferred inflation indicator. Consensus is for a tame report, opening the window for lower rates ahead. A surprise bump up in the index and that window gets slammed shut. The fallout would lead to expected market weakness. So once again, I am hesitant to recommend new picks in front of a market moving event. This is especially so in front of a 3-day weekend here in the U.S., but no where else. Starting next week there will be less than three complete weeks to Sep option expiration. We will soon be looking at the heavily loaded Sep option expiration positions in both the PRO and Premium Services, to rollover or not into a later month expiration. One position that is standing out as a definite roll-over for both services is the following chart and options: NEM NEM Buy-Of-The-Month Club NEM Pro Options NEM Premium Service Options I will discuss Oct-Nov-Dec alternatives as Sep expiration draws closer.
