What to Trade Now?

I haven’t traded much recently because I cannot find many stocks I think are worthwhile and safe.  As much as I like to make big gains I also like to preserve what I have.  I am only 70% invested towards my goal of two times my liquidation amount.  That leaves almost $50,000 of underlying stocks I could sell puts on if I could find something I like.  I’m trying to remain patient and wait for the prices to come to me and not chase them.  I’m also getting fairly heavily stacked towards January expiration and would like to be able to start aiming for some February options soon.

With the concerns growing, if not full grown already, about interest rates and now possible inflation starting to wake up, I changed my market sentiment back to Neutral as of 1:34 pm today.  The last change I made was to “Slightly Bullish” on November 20th at 7:30 am while the DJIA was sitting at 12,958.44.  It’s at 13,395.98 at 1:34 pm today, December 13th.  Too bad I didn’t buy index call options on it at the time.

All this said, I’m not stopping my search for something better and if my work day stays boring today, I might end up finding something I feel is worthwhile to trade before the bell rings this afternoon.  I’m just not as optimistic, for now.