Here is a new trade this morning that was not on the watch list for today.
The morning action is following what was expected after yesterday’s big jump. A large morning dip allowed to setup a lot of short put trades. We should see an afternoon dip but the day should end positive. Wednesday may not be as the last two days have seen a 10% jump in index values. That’s a lot for the market to digest and investors will want to take profit. I am selling out of my stock trades from yesterday that were in the morning Investing Strategy Notes yesterday.
The rest of this trade alert and ideas article is for FullyInformed Members.
Morning Trade Alerts and Ideas for Apr 7 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.