When Shall We Four Meet Again?

Answer: Tomorrow, We Will

Medicare Mail Season Has Begun

• I have now seen a lot of the details for 2023.

• No, I am not saying a single specific thing about any single plan, prior to October 1, 2022.

• Medicare Advantage selection is going to be even more brutally difficult with this many choices. Even I gulped, I usually shrug.

Well, it’s the only service I don’t own, ‘til today, because the Thursday night NFL game is only on Amazon Prime….done.

Quad Witching Is Here

Quad Witching is the third Friday of March, June, September, and December. That would be tomorrow (and tomorrow and tomorrow, see what I did there?). It’s the day that the four largest sets of derivative contracts expires, all on the same day.

The fact is, there are enormous technical factors, unseen to others, running all the time. To make things worse, it has been a very difficult market for risky assets, which resulted from the CPI surprise on Tuesday. All eyes went immediately to Friday, which is tomorrow.

Now, you can adjust your positions any ole time, but tomorrow is not a good idea; it’s strictly a professionals-only day.