Following a massive whale trade is great. When it matches up with several technical patterns and trends, that’s even better.
This IWM UOA is a longshot – but there are some solid reasons why it could work out. Here’s what the UOA is, and why we like it.
In the midst of a >2% down day, the smart money was betting big on a swift reversal in two ad-sensitive names.
October inflation: cooler than expected. Stocks: On fire. Today’s CPI result all but insures that the Fed will slow the pace of rate hikes.
Look. Everyone explains vertical spreads like they’re super complicated — but they’re not. In fact, by the end of this article, you’re going to understand exactly what a vertical spread is (a way to lower your risk *and* your reward), how to put one on (click buy *here*, click sell *here*), and why you would use them (probably to make your bet cheaper). We’ll include a real-life example (which turned out to be spot-on), with a real-screenshot from a real brokerage — and a few advanced tips and tricks to take your vertical spreads to the next level
All four major indices (represented above by their corresponding ETFs: SPY, QQQ, IWM and DIA) generated a bearish engulfing candle this week. In the midst