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A "rip your face off" rally is likely to reverse, says TheoTrade's Don Kaufman, who urges caution for investors in regards to Wednesday's trading action. He has his eyes on what he calls "low hanging fruit" for today's Big 3, offering bearish example options trades for Apple (AAPL), Starbucks (SBUX), and the State Street Energy Select Sector SPDR ETF (XLE). Rick Ducat backs Don's trades with technical analysis of the charts.
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By Schwab Network4.6
3737 ratings
A "rip your face off" rally is likely to reverse, says TheoTrade's Don Kaufman, who urges caution for investors in regards to Wednesday's trading action. He has his eyes on what he calls "low hanging fruit" for today's Big 3, offering bearish example options trades for Apple (AAPL), Starbucks (SBUX), and the State Street Energy Select Sector SPDR ETF (XLE). Rick Ducat backs Don's trades with technical analysis of the charts.
======== 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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