I found two more exciting trades! One is a regular Vertical Spread and the other is an Earnings Trade. The Earnings play is meant to be held until Friday - just two days.
The Overall Market has taken a downturn and I now have it pegged at a -2, so it's time to start loading up on some Bear positions. At the moment, finding breakout Bullish long positions is next to impossible anyway.
I just downgraded the Technology Sector to a -3. Semiconductors looks like the most attractive area to go short. I like names such as ARM, AMD, LSCC, AMAT, etc..
More info on the Earnings Trade is only found in the **Paid Member's Area**.
-Good Luck and Happy Trading!
Disclaimer: This information is for educational purposes only. I am not a dealer/broker nor am I a licensed investment advisor. This is not a recommendation to buy or sell any securities. I do not know your personal risk tolerances or financial situation. Never risk any money that you are not willing to lose. Options involve risk and are not suitable for all investors. The information provided is thought to be correct at time of publication. I may or may not hold or trade any positions in the securities listed in the newsletter. It is possible to lose all or most of your money. Please consult a professional, licensed investment advisor.
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Triggering Trades
Bears
Technology Sector
Trade Setups
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