Bearish on Banks, Bullish on Lattes: New Option Trade Ideas
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Yesterday’s ISM print shows that inflation has yet to be tamed, and the Fed will likely continue rate hikes beyond current investor expectations. It’s not all bad news though, as growth indicators are lowering recession fears. Tony highlights a bearish trade for Zions Bank, noting a lag in recovery and downside risk, while Jess shares a bullish trade in Starbucks.  View Transcript
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Now on the other side of the 2024 presidential election, we discuss its potential impact on markets using 2016 as a guide. The Fed appears poised to cut rates again in December, but risk remains for a rate-cut slowdown with policy shifts that could be inflationary. Tony shares two bullish ideas...
Published 11/15/24
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Tony has a lot to cover in this week’s show. He discusses the market reaction to the election and expectations leading up to the FOMC meeting. He then shares two bullish trade ideas: The first move is for an IT company with AI capabilities, and the second focuses on a pharmaceutical giant.   View...
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