Lindsay White

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WATCH: Jeff Saut Comments on Bull Market

The broader markets were trying to build on Wednesday’s gains that saw the Dow close at a record level. Shares of GameStop also rallied Wednesday again, soaring in a surprise move for no apparent reason. Jeff Saut, chief investment strategist at Capital Wealth Planning, joined “Squawk Box” on Thursday to discuss.

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Watch: Kevin Simpson Comments on Stimulus

Kevin Simpson, Founder and Portfolio Manager of Capital Wealth Planning, joins Yahoo Finance’s Kristin Myers to break down the latest market action, as Sen. McConnell blocks the $2,000 stimulus check vote.

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Read: CASES ON THE RISE Presidential Election, Coronavirus, No Stimulus…

With the recent volatility, we were active with call writing in late September into early October as the market was rallying back from the early September stumble. In addition, we’ve been holding some excess cash to help smooth out some of the heightened volatility that could result from a contested election. Now that the market has pulled back, the last of our October call options expired on Friday. It’s still possible the market surprises us on election night and, after last week’s sell off…