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TheoTrade's Don Kaufman is watching "manic" moves in stocks and leans bearish on today's Big 3 options trades. He calls Caterpillar (CAT) an "overcooked turkey" following its significant rally. Don adds that "nobody wants to buy bonds" and will add pressure to the iShares 20+ Year Treasury Bond ETF (TLT). As for Exxon Mobil (XOM), he calls it "the mother of all rotation trades." Rick Ducat backs Don's analysis by looking at technical trends in all three names.
======== Schwab Network ========
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Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
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By Schwab Network4.6
3737 ratings
TheoTrade's Don Kaufman is watching "manic" moves in stocks and leans bearish on today's Big 3 options trades. He calls Caterpillar (CAT) an "overcooked turkey" following its significant rally. Don adds that "nobody wants to buy bonds" and will add pressure to the iShares 20+ Year Treasury Bond ETF (TLT). As for Exxon Mobil (XOM), he calls it "the mother of all rotation trades." Rick Ducat backs Don's analysis by looking at technical trends in all three names.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about

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