Here are two trades this morning for market direction setups.
Note that the VIX Index is slowly dropping as the S&P stays above the 2500 valuation.
Investors have, so far, taken in strike the Weekly Initial Unemployment Insurance Claims of 6.6 million, a truly staggering number. It will be interesting to see what happens with the March unemployment report tomorrow.
The rest of this trade alert and ideas article is for FullyInformed Members.
Morning Trade Alerts and Ideas for Apr 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.