Episode 226 July 9, 2022
Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
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The topic of the week is leverage.
In this week’s show, we will cover the trades from last week on Direxion Daily S&P Biotech Bull 3X Shares ETF, Carnival Corporation, and the KraneShares CSI China Internet ETF.
And we discuss three new trades on Faraday Future Intelligent Electric Inc, AMC Entertainment Holdings, and Palantir Technologies
The equity markets had a slight move higher this week. The Dow Jones Industrial Average gained 240 points, closing at 31,338 points. The S&P 500 Index grew 74 points, ending the week at 3,899 points.
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