Episode 108 April 4, 2020
Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
It’s always great to hear from listeners. If you have any questions about the trades presented here or about your own positions, feel free to email me.
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The equity markets finished lower this week. The markets are clearly trading based on coronavirus news here in the US and across the world. The Dow Jones Industrial Average lost 584 points, ending the week at 21,052 points. The S&P 500 Index fell 52 points to close at 2,488 points on Friday.
In this week’s show, we will cover the trades from last week on Schlumberger, the Gold Trust ETF, the S&P 500 Bear 3x ETF.
And we discuss three new trades on Haliburton, Advanced Micro Devices, and the iShares Russell 2000 ETF.
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