A 233% Winner In the Bag This Week
Three Weekly Trades readers got an SPX play that scored folks following along a 233% one-day winner… during a week when markets tanked. This extremely beginner-friendly trade is courtesy of… | | The Market's Pulling Off Festivus Feats of Strength
By Don Kaufman
The Fed straight-up stole Christmas. But that's not the only game in town. | I'm talkin' Festivus… the Pole, the Airing of Grievances, the Feats of Strength… | I'd bet the last two days have left unprepared traders with a lot of grievances to get out there. No grievances from my Three Trades a Week people - we closed out a one-day 233% win with an SPX butterfly this afternoon. | We took the market along for the ride up - the big indexes are anywhere from 1.5% to 1.6% higher than where we opened. All in all an eventful day with triple witching (around $4 trillion in notional value coming out - more in a second) and high volatility. | I'll take you inside it all tonight; we'll look at opportunities in silver, bonds, and even Apple (AAPL) right now… |
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