| | April 4, 2020 | |
| This Technology Stock Is Recession-Proof by Tom Gentile | Dear Power Profits Reader,
The end of March marked the worst month of job loss since 2009, with a shocking number of 700,000 jobs lost for the month.
Markets opened flat on the news, only to turn to the red later in the day. And I expect that this is just the beginning of our next move down.
But that doesn't mean we have to sit out of the market.
The market has a ton of profit opportunities hidden underneath the surface. And I'm digging into the market's most crucial areas: stocks, bonds, the dollar, gold, and oil - to show you where those opportunities lie. Tune in right here.
Now, as jobless claims grow, risk of a recession looms even darker overhead. But there's one stock that has risen over the course of April for nine of the last ten years - and it's one I would even consider recession-proof.
A multinational software provider, Microsoft Corp. (NASDAQ: MSFT) is going to plow ahead whether you're working in your office or at your kitchen table.
And to play this stock, we need to follow our three rules of trading...
- Spot the opportunity.
- Create the low-risk trade.
- Plan from start to finish.
Now, that second step is more important than ever in the current market environment. With stocks seemingly plunging every other day, it's important to risk less. And a great way to do that is with a spread trade.
See, with a bull call spread, or what I like to call a Green Loophole Trade, you can cut your risk immensely - without sacrificing your profit potential.
Simply buy one call and sell another with the same expiration date, on the same order ticket. The call you buy will be more expensive than the one you sell, significantly cutting your net debit - and creating that low-risk trade.
I hope you have a great weekend, however you end up spending it. Watch an old favorite movie, start a new book, or try out a recipe that you always considered too time-consuming before.
Whatever you do, stay safe. I can't wait to tackle next week's market with you.
Tom Gentile America's #1 Pattern Trader |
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