3 Short-Term Trades to Take Advantage of Market Momentum
In Thursday’s Blitz Daily, we’ll take a look at business software company Salesforce after a series of big bullish bets on its pre-earnings momentum.
The S&P 500 jumped up around 15 handles as the market keeps charging higher through earnings as the whales keep hitting those short-term momentum trades. One of the major beneficiaries on Thursday was premiere enterprise software firm Salesforce.com Inc.
Traders are moving off the sidelines and back into CRM since closing on its acquisition of Slack Technologies, and they’re looking to take advantage of that momentum before its next earnings report on Aug. 25.
That’s not the only short-term flow we’re seeing today. I have two more must-see trades, and you just might start noticing a pattern here…
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.
0 Response to "3 Short-Term Trades to Take Advantage of Market Momentum"
Post a Comment