Editor’s note: Consider not following the ‘hope strategy.’ This strategy has always led to losses with the exception of the last few years. Over the last few years the strategy has worked due to Fed money printing. Now the money printing has stopped. Yesterday the market rose over 700 DJIA points as the momo crowd aggressively bought Amazon and Apple options on the hope of good earnings afterhours. There hopes were dashed when Amazon reported terrible earnings and Apple reported stellar earnings but warned of a $4-$8B hit due to supply chain issues. Many options that were bought yesterday and are expiring today are worthless.