TRADING TIPS

AMD Bracket Trade

Hubert Senters here. Let’s take a look at AMD for potential bracket trade next week.  So bracket trade is very simple to understand. Basically you’re going to let it gap up or gap down based upon on earnings or news or somebody doing crazy at the company or something like that. And then you’re going to bracket the price action so on Friday the thing gap up and traded higher and it finished up $9.46 up 16 percent and right now AMD chips are better than Intel chips. I know this because I recently just had a custom PC built for my new office here and so obviously their earnings must have been good and they’re going higher. None of that makes any different as what so ever because they can have great earnings and the stock can go down. So what we’re going to do is we’re just going to bracket the trade. If it goes above $69.90 it will be a decent long. If it goes back below $64.04 to be a decent short so you just take your emotions and place months I can go logically. If it goes higher than that that will be a good long. If it goes lower than that that will be a good short and that’s going to be a bracket trade for as early as next week. Mark Helweg’s got a webinar set-up for Wednesday, July 29th ”Finding Explosive Trades with the SVS Strategy…How To Find Trades Like a Sniper!” I’m going to HYPERLINK you to the page. You can read the bulletpoints right here. Good luck. Hope it helps. See you next week. Hubert.

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