Facebook stock (FB) is falling today as investors rush out of social media stocks thanks to SNAP’s earnings yesterday which have pounded that stock.
Their earnings are due out on Monday after the close. I wanted to take advantage of today’s big drop in the stock and put together this small trade ahead of Monday’s earnings.
The rest of this trade alert and ideas article is for FullyInformed Members.
Facebook Stock (FB) – 5th Trade Alert and Idea for Fri Oct 22 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. Read the full disclaimer.
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