Stocks fell today after U.S. Federal Reserve officials pointed towards maintaining their current pace of tapering stimulus. “The fear might be that they begin to taper too quickly,” Eric Teal, chief investment officer at First Citizens BancShares Inc. in Raleigh, North Carolina, said. “The fact that central banks have really agreed to keep policy stimulative should give investors a little bit of reassurance that they’re not going to undo the recovery that’s taken place.”
Bank of Ireland (IRE) shares closed at a new 52-week high yesterday, as the stock has soared over 10% just since Valentine's Day. Perhaps even more impressively, the stock is up 36.02% since the start of the year. With your April $20 call options up 64.29%, sell half of your options here to lock in your big gains. Hold onto the stock and the rest of your options for bigger gains ahead.
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Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: