Leading Off… It’s happening…

Tim Reazor
Chief Investment Strategist
NorAm Asset Management

 

It’s happening, well maybe, the market is poised to sell off.  Will it?  Now that’s the question.  I covered specific levels that the Nasdaq and S&P and where several other stocks may fall to this week in the following video.  Click the link to watch. http://vimeo.com/93677920

I want to update you to the gold trade that I discussed in last night’s newsletter.  Gold is still poised to move higher.  You haven’t missed the move.

 

The easiest way to partake in this move is by buying shares of the gold ETF GLD.  You could buy calls, but that takes more active management on your part.  I’d use a 45 to 60 day time frame and calls with a delta of 70 at a minimum.

If you’re looking to play the bearish side of this market use bonds.  The easiest way to play bonds is though the bond ETF TLT.  Again, you could buy the shares or buy calls using a 45 to 60 day time frame and calls with a delta of 70 at a minimum.

If you’d like to talk about rule based investing, where the markets are headed or if you would like to join us for our trading / investing open house please email me – Tim.Reazor@NorAmAsset.com

Best Regards,

Tim

 

The information presented is for educational and entertainment purposes only.  Opinions and information expressed are based upon information considered reliable.  However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.  

Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.

 

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