ChristopherCarrollSmith

Might get stimulus tomorrow; high-risk short term play

Long
AMEX:HYG   iShares iBoxx $ High Yield Corporate Bond ETF
Trump is meeting with bank CEOs today to discuss how to support small-cap companies with large debt burdens. The high-yield junk bond market has been bleeding lately because many of these bonds are expected to go into default later this year. However, if Trump's meeting produces some kind of stimulus or bailout, we might see this market rally. Cheap March 13 or March 20 calls might be a winner if we get a positive headline in the next few days.

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