Markets are lower Friday morning as we look to close a choppy week. We’ve had a couple of bullish days, and I wouldn’t read too much into this morning’s open — and more in Thursday’s stock market recap.
So I’ve picked out two low-risk stocks to trade to lower your exposure to volatility.
Stock Market Recap
In this stock market recap, global stocks are mixed after a week of Evergrande default and inflation worries. Evergrande is the largest property developer in China.
Bonds have started to move lower after the Federal Reserve said it would announce the bond tapering program’s future “soon.” The bond market reacted to Thursday’s news and dropped through Friday morning.
I issued a trade alert for iShares 20 Plus Year Bond ETF (Nasdaq: TLT) in our VIP Trade Room strategy on Sept. 15, and we got out on Sept. 23 for a gain of 25%. One of our members shared he got out the next day for more than 50% in gains!
The bond market, put/call ratio, volatility, market breadth, S&P 500 sector analysis and momentum levels give us the full picture. In the long term, momentum levels need to cool down. In the short term, we may have bottomed out, but we could see more choppiness.
Roger’s Radar: 2 Stocks to Fade
Urban Outfitters Inc. (Nasdaq: URBN) is a retail clothing store. Summer is over, the delta variant is still present and supply chain issues will continue for the foreseeable future. URBN is currently trading at $32.45. If it falls below $30, it could drop to the $24 level.
The second stock to short for Friday is a premier supply distributor to industrial customers in the U.S. It reaches its customers via direct-mail catalogs and CD-ROMs. So it could be a little outdated. I’ve been bullish on industrial stocks, but not this one.
In this video, you’ll discover whether markets are stable or have more downside ahead… how to time the bond market for maximum gains… whether the S&P 500 is bullish or bearish again… the top internal analysis to help you gauge the market… and two stocks to fade right now for downside protection.
Traders spend countless hours trying to make sense of how stocks have been moving. And with so many catalysts pulling at the market, that’s proven to be especially difficult lately…
But I’m here to say there’s an easier way!
I’ve developed a system that bases trades on capital flow. These are some of the fastest and most powerful opportunities that exist.
Just recently, we saw profits of 40.29% on BBY, 35.71% on CTXS and 52.44% on V… each in just one day!