May has a dubious history of providing poor returns for stocks and indeed has seen a number of corrections over the past couple of decades. With the indexes at all-time highs, May could prove to be a difficult month for many investors.
The Best Bets Tool updates the outlook for stocks intraday and at the close of each trading day. I review stocks ranked by this tool daily, searching for stocks with strong rankings to sell put options against for income.
For Monday May 3 2021 here are 7 trade ideas in 2 stock choices as selected by the Best Bets Tool from the close of trading on Friday April 30.
The rest of this trade ideas article is for FullyInformed Members.
7 Trade Ideas In 2 Best Bets Tool Stocks for Mon May 3 2021
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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.
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