Don't go chasing waterfalls in this stock market

Hello, I hope you're doing well.?

The stock market took a big leap today after some odd behavior yesterday. Also, 2/3 of the companies that have reported earnings so far this week have exceeded expectations. This could imply that we've exxaggerated the odds of a pending recession and that the market could have reached a bottom.

But don't go chasing waterfalls. I personally plan to take the advice of the legendary group TLC (my cousin Tiana Watkins is actually a member) and "stick to the rivers and the lakes that I'm used to."

So, rather than loading up on equities and seeking to own all of the upside, I've been selling stock options on various securities that I believe to have potential, but could be due for a collapse. The truth is that the stock market probably isn't done shedding economic blood, so you might be wise to keep cash on the sidelines or hedge your investments. Always be ready for the worst.

I share my stock options selections with my students each week, feel free to join us by visiting DrBoycePrime.com.

Three things:?If you'd like to learn how to take advantage of the numerous opportunities, feel free to join us for Stock Market investing class, set to take place today at 11 am EST (every Tuesday).?You can do a free trial or login at?TheBlackStockMarketProgram.com.

Secondly, if you live near Atlanta, my wife and I are hosting a Drama Free speed dating event at The Legacy Center on July 22nd.?Feel free to register at?BoyceAndAlicia.com.?You must sign up in advance so they can properly match you.?

Third, I'll be joining Herb Strather and Gary Shelton at The Black Wealth Builder's Summit in Detroit on the weekend of July 29th.?Dr Claud Anderson and Dr Ken Harris (President of The National Black Business League) are joining us as well.?You can register for the event at?BoyceWatkins.com.

Please take care and have a wonderful day.?

Sincerely,

Dr Boyce Watkins