In case you missed it, some of the strongest stocks in the SP500 today weren't financials, but airline stocks. That's in large part because these same airline stocks have lost so much value over the last month. However, today was the day aggressive call spreads, and bullish 'fade' or reversal duration positions went in the money thanks to a lot of patience. In tonight's video, Corey highlights these stocks and explains why patience is key in trading against a trend.
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.