WealthPress Senior Strategist Roger Scott built a trading strategy with the premise to rip in bull markets, and it completely proved him wrong in the sense that it works just as good — if not better — in crashing markets…
The conclusion is this is all thanks to one basic indicator he’s guessing most people don’t know about…
But it’s been alerting the upside and downside potential in the markets!
That’s because instead of trying to guess the peaks on stocks, Roger and his students are getting in when things are “out of whack,” and then closing the position when it normalizes.
Even though shares of Macy’s, Dollar Tree and Dollar General jumped this week on strong earnings reports, my eyes are still glued to the bond market…
The bond market has turned around and is starting to trade higher.
Now, I don’t believe it will turn around for the long term. But it is a bullish sign that the market doesn’t believe that short-term interest rates need to go much higher.
Wednesday was a junk stock rally and the king of the memestonks was leading the way.
Shares jumped as high as 29.5% from Tuesday’s closing price as trading volumes nearly doubled its 30-day average.
We spotted one trader swinging for the fences, scooping up around 500 contracts of the June 17 expiration, $115 strike calls for about $800,000 in premium!
Of course, that’s not the only stock hitting the tape…
The Strike Price is the price at which a derivative — an option play — can be exercised, and refers to the price of the derivative’s underlying asset. In a call option, the strike price is the price at which the option holder can purchase the underlying security. For a put option, the strike price is the price at which the option holder can sell the underlying security.
Give us a follow and join the conversation on our official social media channels! Did you catch Dollar Tree’s earnings? The stock ripped last week, and Jeff Zananiri explains why he sees this trend continuing for at least a year.
The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.
Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day.
DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.
DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "The Biggest Report of the Quarter… Plus a Top ETF and Option Pick"
Post a Comment