Episode 350 November 22, 2024
Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
The topic of the week is choosing not to trade.
In this week’s show, we will cover the trades from last week on Plug Power Inc, Lyft Inc, and Norwegian Cruise Line Holdings.
And we discuss three new trades on Riot Labs Inc, Barrick Gold Corporation, and Macy’s.
The equity markets finished the week extremely strong, with the Dow Jones Industrial Average closing at all-time highs for the week and the S&P 500 Index finished within 30 points of an all-time high close for the week. The Dow Jones Industrial Average grew 851 points, closing at 44,296 points on Friday. The S&P 500 Index gained 98 points, ending the week at 5,969 points.
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.
Email questions to me: eric@theweeklyoption.com
Visit our YouTube Channel for The Weekly Option.com.
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Option Trading Basics: My Favorite Strategies: https://youtu.be/8UmPK5tuez0
How to Trade Stock Using Technical Analysis: https://youtu.be/wAATt0RpE0w
Technical Analysis Videos: https://www.youtube.com/channel/UCnpPLl3EB_RBC5kyrCnsHow
TradingView Stock Charts For Analysis: https://www.tradingview.com/gopro/?share_your_love=TraderEric
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