The plunge this morning has the DOW Index down roughly 4.5% from it’s all-time high. The chance this is a one day event is slim but there is always a chance the market will bounce before moving lower. At this point the market looks like the plunge is a knee-jerk reaction to the spread of the coronavirus and its potential impact on the global economies and therefore, earnings.
This will take some time to work out but there are always trade opportunities.
Here are a couple early morning trades to report on.
The rest of this trade alert and ideas article is for FullyInformed Members.
Early Morning Trade Alerts and Ideas for Feb 24 2020
Members can sign in to the full members site here
Become a member. Join here, read comments, review benefits
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.
Internal Stock and Option Trades Links
Put Selling Strategies For Members
Covered Calls Strategies For Members
Profit And Income Strategies Index
Stock and Option Strategies For Members
Stock And Option Trades Explained For Members
