Hey Shoppers,
And we thought last week was nuts!
Let’s go back to the charts – because there’s great info …
And grab a new trade idea while you’re there.
On the Charts
The charts below have something in common …
SPDR S&P 500 ETF (Ticker: SPY):
Invesco QQQ Trust (Ticker: QQQ):
iShares Russell 2000 ETF (Ticker: IWM):
There it is again, that lower support line has held in each of these indexes … for now.
Now, for today’s trading idea …
Big Sale
Yesterday was something else. Quite the sell off.
I have actually found a stock that seemed to be in a world of its own.
Check out AT&T (Ticker: T):
The May 13 20 calls are $.31-$.35.
If T opens and trades higher – AND the market overall is in recovery mode – I will consider buying these.
I think T can try and trade $23.
>> And don’t forget to join Andrew at 12:15 p.m. ET today! <<
Thanks for Reading … See You There!
Licia Leslie