Trading Strategies for “Too Good to be True” Market Conditions
We have seen the S&P 500 Index (INDEXSP:.INX) have the most prolific gain amidst the worst economic data since the Great Depression.
As investors, you may be asking yourself how do we reconcile this?
But unless you plan on taking an ECON exam anytime soon, in today’s traders and momentum market, you may not want to spend all your time and effort answering it.
Instead we are staying solvent and proactive to lock in as many profits as we can during this twilight zone. This while still remaining cautious and hedged with an eye on “if it’s too good to be true, it might just be”.
Watch the full interview to see the formulated trading strategies Wealthpress Head Trader Roger Scott, Joy of the Trade Head Trader Jeff Zananiri and Future of Wealth Head Trader Lance Ippolito will be using this week.
Strategies involving some energy stocks up over 40% with options up over 200%… and how to trade the FOMC Interest Rate decision Wednesday…
Original article: Trading Strategies for “Too Good to be True” Market Conditions
©2020 Midas Letter. All Rights Reserved.
Source: https://midasletter.com/2020/06/trading-strategies-for-too-good-to-be-true-market-conditions/
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