What’s up, traders?
Friday was a bloodbath.
The Qs fell 3.5%, the S&P nearly 2%, and Intel gave up 30% in a single session. I walk through all of it in this week’s Water Cooler.
Every selloff over the last month has followed the same script. Ugly Thursday, ugly Friday, then Monday rolls around and the dip buyers show up. I don’t think that script works this time.
I’ve got three trades I like heading into Tuesday’s election.
One of them was the only thing that went up on Friday.
You can see the rest in my video below:
Happy Halloween. We might get a little scary follow-through on Monday.
Speaking of Monday, Garrett Baldwin and the rest of the Option Pit crew go live for three straight days with our first ever Midterm Money Multiplier: three days of moneymaking opportunities around the election. I’m on Day 3.
Your only option,
Mark Sebastian