Lots of action for trades today aside from the SPY ETF trades. The S&P should hold around the 2675 level. I was surprised it sold to 2670 this morning. That, to me, was overdone but there is no doubt that higher interest rates are coming as the inflation numbers this morning show the economy is heating up and investors are reacting to that reality.
The rest of this trade alert and ideas article is for FullyInformed Members.
Trade Alerts and Ideas for Apr 20 2018
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.