Mr Cooper Group Inc (COOP)

[ItsMyOption]

Yesterday Sept 25th was our anniversary's date 15 long years for all of us. FDIC should be close to closing receivership soon IMO

ARE WE CLOSE TO MARKET CORRECTION?

I follow many people smarter than me on where the market can go. I have read many warnings about corrections from Warren Buffett who has over 150 billion sitting in cash for next correction which he says is coming. Also, Jamie Dimon has stated the same.

Other concerns that could cause major corrections. It looks like Fed may still increase interest, our Government could shut down, Cost of US dollar will move down in value, Russia war and threat of nuclear, too many migrants costing US taxpayers big $$, too many Natural Disasters, high Debt, and many other issues.

I still see value in many stocks such as COOP but see resistance in the future as high interest will cause major slow down in real estate.
Note: I expect strong earnings 3rd quarter to be released around Oct. 26th I plan to have lots of Nov. STO covered Call orders ready in the $62.00 area. If my COOP stock is called I have moved a lot of my portfolio into high dividend stocks that pay 10% plus and use option to get high premiums and getting assigned right before X- dividend date.

Happy investing if you are on the right side of the market. Just be ready for a correction!