The market had another nice downtrend day. Entries were clear on most of the pullback and the market gave clear indication it was slowing down. What a great day to trade.
Fedex is feeling the pinch of a global slowdown, as other companies have been warning. The companies says online shopping is down as consumers rather spend their time traveling and going to concerts with their disposable dollars.
On today's video, we look at QQQ, TQQQ, VIX, GLD, and SLV, and overall how we see the market shaping out over the next couple of weeks.
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and...
U.S. delivery firm FedEx released their Q2 2021 earning report showing total revenue of $20.6 billion which is up 19% year-over-year.
FedEx (FDX Stock) said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses.
FedEx had an operating margin of 7.1%...
Fedex Earnings Play - Butterfly
20 point wide legs hoping implied volatility will pop.
What do you think about this butterfly options strategy? How is this earnings play going to work out?
Like & Comment!
Both these stocks are beneficiaries of the "stay at home" trend. As a result, they've gone parabolic, and appear to be in the distribution phase. Risk to reward for taking a short seems to be quite lucrative !
Back test of how to scalp PUTS on Stocks Options.
Hope this videos gives you insight to finding optimum entries with targets and stop losses. Risk Management is Key to your success.
Plan the trade, trade the plan. Trade safe and don't be greedy. ~In Nexus We Trust
support is $208. over $209.60 and i'm looking at $215 for the swing. if we break $208 then next support will be $207.10 followed by $205.60. We did just break a key resistance so i'm looking at $215 on the higher timeframes.
Life is not only about trading but also about English speaking practicing lol.
This is my 1st try for an English video idea, as this set-up is so good that worth a shot!
I'll be waiting for the 161-162 spot to long, and I would take this trade without leverage and take it as a 7% risk trade!
Let's see how it goes yo!
