Insider's Edge Watchlist - Here's Your Free Trade Idea

 
Hey, guys!

You should have received my free weekly watchlist in your inbox earlier this week. I've been sending out a watchlist every Tuesday and Thursday, and today I'm starting something new for you guys…

And that's giving you this FREE trade alert directly from my weekly watchlist!

I'm going to send you these free trades every couple of weeks or so, just as a thank you for being a reader.

Today's stock pick was chosen after reviewing the plays that meet my criteria after considering the news and analyzing abnormal stock movements.

As always... Remember, these are just ideas I'm sharing. You should only enter these trades if you're comfortable managing the positions on your own. If you want me to manage trades for you via text and email alerts, check out my Burn Notice Alerts strategy.

Now for this week's free stock pick…

Ticker: Utilities Select Sector SPDR Fund (NYSEArca: XLU)
Buy: PUTS

On Wednesday, Federal Reserve Chair Jerome Powell once again held his nose and denied inflation, and said they will keep the money pumps flowing. This could lead to a shocking rise in yields in the coming weeks.

XLU could easily see a break under $60 if the 10-year Treasury makes new yearly highs on the yield.
Again, do not enter this trade unless you're comfortable managing this position on your own.

Joy of the Trade

A MarketWealth Publication
Disclaimer & Disclosures
The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
 
                                                           

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