This fourth trade was also outlined this morning in the Investing Strategy Notes before markets opened.
This stock remained strong this morning. There were three trades done, one of which was to sell my remaining shares. The other two trades were setup this morning and I plan to add to them as outlined in the trade article.
I also want to mention all the worries this morning that the market is on the verge of another major correction. This kind of talk follows every new high in the indexes. I am continuing to trade and have no concerns at this point. December tends to be a strong month for stocks. Unless a new catalyst appears to the downside, I am setting up trades.
The rest of this trade alert and ideas article is for FullyInformed Members.
4th Trade Alert and Idea for Wed Dec 2 2020
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.