With further weakness still evident today, I setup this trade in the SPY ETF Market Direction Portfolio. If there is further weakness I will setup another trade as discussed in the trade alert. This is the second trade done in November in this portfolio.
The trade alert details the strategy being used in this trade.
Prices fluctuate constantly in the SPY ETF. Make sure to read the entire trade alert to understand how these SPY trades in the Market Direction Portfolio were entered and will be exited.
These can be high risk trades resulting in losses. If these are not the types of trades an investor has done in the past, I always recommend paper trading to learn how to use these strategies and trade them for profits. You can also post questions in the Members Forums.
The rest of this SPY Trade Alert is for FullyInformed Members
SPY ETF Market Direction Portfolio – Trade Alerts for Wed Nov 13 2024
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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