It seemed just a few days ago that JPM Chair, Jamie Dimon was on the bullish side with comments but today he changed to become more bearish and called for an economic hurricane. No one can predict with accuracy what to expect for markets. I look at the markets on a daily basis but to look out a week or a month is just guessing. However if Mr. Dimon is right then here’s a simple trade idea to help tame a hurricane and indeed profit from it should it even partially occur.
Make sure to read the entire trade alert to understand how these SPY trades in the Market Direction Portfolio are being traded.
If these are not the types of trades an investor has done in the past, I always recommend paper trading to learn how to use these strategies and trade them for profits.
The rest of this trade alert and ideas article is for FullyInformed Members.
Taming Dimon’s Hurricane – SPY ETF Market Direction Portfolio Trade Alerts Wed Jun 1 2022
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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.
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