Hubert Senters here.
Let’s take a look at a potential bracket trade that you can place as early as tomorrow. So the stock we’re going to be looking at today is going to be Loews Corporation.
Obviously, competition there would be Home Depot. Let’s check Home Depot really quick. On the bracket of Loews obviously, it had a gap up today. It could be earnings or news related.
If it breaks above this most recent high of today at $56.90 potential long at that area. If it breaks of trades below or closes below $54.61 that could be a potential short.
So to make this nice and easy I’m just going to make green long and red short and now you have a potential bracket trade that you can place as early as tomorrow on Loews. Symbol is L.
Good luck. Hope it helps. See you on the next video.