TRADING TIPS

Question About DKNG

Hubert Senters here. Let’s walk through a scan that I recommend everybody that trades or has any money in the markets do everyday after the close. So you’re going to look at the major exchanges for like the Dow, S&P, Nasdaq, Russell, stuff like that. What you’re looking for is what we found last night. Like last night when we’re doing the research we’re like down below the cloud here. It’s going to be an aggressive short for sure but you can see it just melted today. Right now the market is down $927 points. I’m recording this video at 4:03 PM. And then you can compare that to the S&P. S&P also had a sell. Once it got below there today it would be a good sell too. And then the Nasdaq went and cross below that too. When stuff like that happens the market can potentially drop a lot lower. So you either need to take some profit off the table, tighten your stop-loss or you can hedge in your portfolio. You can short an index future like the Dow, S&P, Russell you could short ETF like the QQQ, diamonds, SPY. And that will head you against some of your portfolio. If you don’t know how to do that educate yourself or get some education from somebody and how they profitably do that. Good luck. Hope it helps. See you on the next video. Hubert.

1 Comment

  1. Rickey

    Not a good day for put verticals it’s easy to see who is swimming naked!

    Reply

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