A morning trade to report on while markets continue to trade below the important 2900 valuation on the S&P.
Investors remain focused on all the bad news including most of the big banks like Morgan Stanley Stock (MS) advising that there is more pain ahead and some are calling this a bear market. Others are calling the next quarterly earnings to be much worse proving that the tariff war is hurting companies. All of this has investors on edge.
The rest of this trade alert and ideas article is for FullyInformed Members.
Morning Trade Alerts and Ideas for Mon Aug 12 2019
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.