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Weekly Options Trading Signals: A Great Way to Make Money Or a Great Way to Go Broke?

Weekly Options Trading Signals: A Great Way to Make Money Or a Great Way to Go Broke?

If you’re looking to start making bank trading options and are looking into weekly options trading signals, there are a few things to know before you sign up for a service.

And we’re going to look into all of them starting with:

How Do Weekly Options Work?

Weekly options are a type of option contract that expires every Friday. They are usually used by traders who want to take advantage of intra-week price movements.

When you buy a weekly option, you are agreeing to sell your investment at the end of the week–no matter what happens. This type of contract can be done online or offline, and it involves a small fee for breaking the contract.

Weekly options come with several different investment profiles that you can choose from. Depending on the provider, you may have several different portfolios to select from with no penalty for switching between them. In some cases, there will be multiple portfolios available with no fee for switching between them.

What Are Weekly Options?

Weekly options are a type of option contract that gives the holder the right to buy or sell a certain asset at a fixed price on a specific day of the week. The contract is only valid for that week and cannot be carried over to the following week.

Weekly options are a type of option that can be traded on a weekly basis. They were first introduced in 2013, and they have quickly become one of the most popular ways to trade options.

There are different types of weekly options, including cryptocurrencies. Weekly options offer investors a way to trade during volatile periods and make money when the markets are moving up or down.

Weekly options are a great way to make money during volatile times. They offer investors a way to trade on a weekly basis and take advantage of market movements.

What Types of Stocks and Bonds Can You Invest In?

There are a variety of stocks and bonds that you can invest in, depending on your investment goals and risk tolerance. Some common stocks include Google, Apple, and Microsoft, while some common bonds include U.S. Treasury Bonds and municipal bonds.

When it comes to stocks and bonds, there are a variety of different types that you can invest in.

Stocks represent ownership in a company, and when you buy them, you become a part of the company’s shareholder base.

Bonds are debt instruments, meaning that the bond issuer borrows money from you with the promise to pay it back at a later date with interest.

There are many different types of stocks and bonds available for investment, and each has its own unique risks and rewards.

When it comes to stocks, you can invest in common stocks, preferred stocks, or convertible bonds.

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Common stock is the most basic type of stock, and it represents an ownership stake in a company.

Preferred stock is a bit more complex; it represents a claim on the assets and earnings of a company ahead of common shareholders, but usually carries less risk.

Convertible bonds are bonds that can be converted into shares of common stock at a later date.

When it comes to bonds, you can invest in government bonds, municipal bonds, or corporate bonds.

Government bonds are issued by a national government, and they are considered some of the safest types of investments available.

Municipal bonds are issued by states and local governments, and they offer tax-free interest payments to investors.

Corporate bonds are issued by companies, and they carry more risk than other types of bonds but also offer the potential for higher returns.

What Are the Benefits of Weekly Options Trading?

Weekly options trading offers several benefits over traditional monthly options trading, including:

  • Faster profits: Weekly options expire every Friday, which means you can take profits faster than with monthly options.
  • Greater liquidity: Because weekly options are more heavily traded than monthly options, you’ll have an easier time finding a buyer or seller when you want to exit a trade.
  • More trading opportunities: Since weekly options expire each week, you have more opportunities to trade

 

the weekly options trading newsletter

Weighing Your Options…

When you’re looking to invest in the stock market, it’s important to weigh all of your options and make the decision that’s best for you. For some people, weekly options trading may be the best choice. Here are some of the characteristics of this type of trading:

  1. Increased potential for earning more money- Unlike long-term investments like buying and holding stocks, where profits are typically smaller and take longer to accumulate, weekly options trading offers the potential for larger short-term gains.
  2. Easier to lose money- This type of investment is A LOT riskier than a long-term one, so it’s easier lose money quickly. However, with a higher risk tolerance comes the potential for greater rewards.
  3. Lower transaction costs- When you trade weekly options, you typically pay lower commissions than when you buy or sell stocks or other types of securities.
  4. Suitable for younger investors with a high risk tolerance- Weekly options trading is often recommended for younger investors who are comfortable taking on more risk in order to potentially earn larger rewards.
  5. Bonus (strike price)- Many weekly option contracts offer a bonus (or strike price) that can increase your earnings if the stock meets or exceeds that price by the time the contract expires.
  6. Additional weekly call options- Even if you don’t take the standard option and sell after a week, you can still purchase additional weekly call options.
  7. Potential for large profits- With the right investment, it’s possible to make a lot of money through weekly options trading.
  8. Time-Consuming: As weekly options move very quickly, trading weekly options is very similar to daytrading. So you will need to constantly watch and be aware of what your trade is doing, because you might need to exit the trade in an instant. Because of this, for most busy people, swing trading is often a better lifestyle choice. (Which is why our trades inside The Empirical Collective are longer term swing trade.)

Are Weekly Options Better Than Monthly Options?

There is no simple answer to this question, as it depends on a variety of factors including the investor’s age, risk tolerance, investment goals, and amount of time they can spend monitoring their trades during the day. Generally speaking, however, weekly options offer an intense amount of potential reward and risk, but longer-term options offer a lower-stress trading option.

Weekly options offers a lower degree of long-term impact compared to monthly options. This means that if the stock moves in the wrong direction, the weekly option holder will lose less money than the person with the monthly option. However, weekly options are also less flexible; they can only be traded on certain days of the week.

Weekly options are a great option for investors who are new to trading, though they’re not as flexible or safe as monthly options. They have the same advantages and disadvantages as monthly ones, but the short standard option size is what makes them slightly safer than day trading futures.

Weekly options are ideal for young and risk-tolerant investors because of the low minimum investment amount required to trade weekly options. Additionally, weekly options trading is not a long-term investment. Weekly options are only good for short-term trades, as they must be sold at the end of the day to get the strike price. This makes them solely driven by day-to-day fluctuations in the market.

Weekly options trading can be profitable, but only if it’s done correctly with proper risk management and a strategy for selling out at the end of each week or month.

Weekly Option Alert

In our option alert trading service inside The Empirical Collective we provide trading recommendations for monthly options – NOT weekly options, making it a great resource for members who want to make money trading options.

We provide our members with our exclusive trade alerts via email and post the trade details inside our members area. This allows subscribers to have access to the latest information and trade recommendations as soon as they are made – according to their own schedule.

More on Weekly Options Trading

When looking into weekly options trading signals, option spreads can help provide downside protection in the event the underlying stock declines in price. For example, if you own shares of a company and it starts to decline in price, you can sell a put option to generate income and protect your investment.

You can initiate a weekly covered call trade by buying one hundred shares of a stock and then selling a call option on the same stock. This strategy can provide downside protection to investors by eliminating the risk associated with owning shares, while also generating income on margin if the stock falls in price. In other words, you can make money even when the stock goes down!

Call options play a key role in reducing the cost basis of an underlying stock. When you buy call options, you are buying the right to purchase shares of a company at a specific price. This allows you to control your costs, and can be a great way to reduce your risk.

The sale of a call option can provide downside protection to investors by eliminating the risk associated with owning shares, while also generating income on margin if the stock falls in price. In other words, you can make money even when the stock goes down! Covered call trades provide cash income and attractive returns.

spx option trader review

Covered call trades are a risk diversifier for your investment portfolio, but they come with higher risk than other strategies. However, this is mitigated by spreading them over two different underlying stocks at the same time or by buying put options that can increase profits on an existing call option purchase.

A small account covered call portfolio is a strategy to mitigate the risks of covered calls by spreading them over two different underlying stocks at the same time or by buying put options that can increase profits on an existing call option purchase. This gives you more flexibility and helps protect your investment from potential losses.

Options Trading Alert Services

Right Now, You Have the Opportunity to Join Our Trade Alert Service at a Staggering Discount

Options trading is a tough undertaking right now. The American people are maxed out and have no way of getting ahead, so they need to do what they can to make money and save themselves. However, the only person with the power to change your situation is you. That’s why The Empirical Collective is offering discounted access to our membership for the first 50 sign-ups. This offer will close as soon as we’ve added 50 additional members, or when we’ve completed our system upgrades…whichever comes first. And even better, we offer a win guarantee that nobody else in the industry will. Plus, we’ve had astronomical win rates up to 95.918% win rate and a quadruple digit annual returns. So what are you waiting for? Join now and get started.

With our Weekly Trades, We’re Here to Make It Happen for You

The Empirical Collective provides entry, stop, and target prices for all it’s trade alerts. Our focus is on swing trades and are NOT weekly option trades as our trades have a longer expiration date than 1 week. We do this because we don’t want you to have to constantly be on your computer daytrading – we want to help you make money while you’re at work, on vacation-whenever you have time! And so with our trade alerts we focus on longer-term swing trades so that all you need is an internet connection to get real-time options trading alerts.

See What My Members Are Saying About Our Option Trade Signals

See what our members are saying about a membership inside The Empirical Collective:

“Thank you, Thank you!
Followed your steps exactly, and sold half way the first time and sold the rest today.
Profits both times!!
Two full days worth of work made by a click of the finger!
You Guys Rock!!”

-Jeff Odeh

“Did my first option play after signing up last night.
I was late to UNG but bought the options this morning and sold today for a nice 6% return.
Would have been higher if I signed up earlier!”

-Francine Bernier

“These trades show a lot of potential.
I am planning to add to my retirement based on your trade alerts.”
-Geoff Ewing

 

Weekly Options Trading Signals
For other articles, see:

Shark Fin Trading Indicator
Base Camp Trading Review
Wendy Kirkland Reviews
Are chromebooks good for stock trading?

Base Camp Trading Review: Find Out If This Service Is A Scam Or Legit

Base Camp Trading Review: Find Out If This Service Is A Scam Or Legit

In this Base Camp Trading Review I’ll show you if Basecamps’s worth your money, of if there are better choices.

Basecamp trading boasts having 129,000 members, and 75 years of combined trading experience.

They claim to have been created specifically for people who don’t have large trading accounts, who want to learn how to trade the right way.

But do they deliver on their claims?

In this Base Camp Trading Review, I’ll cover what they claim and then highlight some user experiences.

11 hour options strategy review

Former members of Base Camp Trading have since switched to The Empirical Collective. With their higher trade win rate (with proof), exclusive trading tools and better pricing, it provides a lot more value than Base Camp does. Click here to see proof of their trading record.

 

 

Base Camp Trading starts by giving potential members an outline of their onboarding process as follows:

  1. Joining and going through their price action trading course
  2. Practicing on a simulated account with trading mentors and peers in trading dooms
  3. Begin trading with 1 contract at a time

They claim to have 2 live trading rooms, first rate trading technology and indicators, along with pros who have a lot of market experience.

There is also a reference to a chat room that is available 24/7 where you can ask questions as well as videos emailed out regarding the daily and weekly market outlook.

The Basecamp Trading Strategy

Base Camp Trading claims that they strategize rather than speculate, and teach their uses to find asymmetric risk vs reward trades.

They say that they focus on consistent, repeatable trades (hitting singles rather than home runs.

Information on Their Returns

They claim that the amount of money you make per month is up to you.

I guess they feel it depends on how much you trade and how you scale in and out of their trades.

They also mention that one of their programs has a 94.8% win rate (with a 5.3% return per trade), but there were no links, pictures or links to any form of proof to back this up.

Compared with competitors like The Empirical Collective (who show proof of a 95.918% win rate, where their the average return per trade was 30.91%.

 base camp trading login

The “Mastermind” Behind Base Camp Trading Business & Website

President & Founder Drew Day

Drew the one of the trading gurus who started Base Camp Trading and says he’s a 16-year hedge fund veteran. He says he’s managed over $6.5 billion in assets. Apparently, he has experience in systematic trading and portfolio management, specializing in trading futures markets using a low-leverage strategy. He traded 40 distinct futures markets across eight different industries as a Commodity Trading Advisor (CTA). Drew has spoken at Bloomberg Markets in London and New York, and his name appears as a top industry expert in Bloomberg Wiley’s book “A Visual Guide to Hedge Funds.” He also works in proprietary trading and has his own business that specialises in quantitative, behavioural, and machine learning trading techniques.

The Money & Cost

On their website, they say it costs $97 a month.

Overall Thoughts on the Base Camp Trading Site

They don’t say if they give specific trade ideas or alerts.

When reading their website, it implies that they are more about supplying general ideas for swing trades and market direction in the videos they send out to their members.

It seems that members are more left to follow along any of the trades they post inside the trading room – as an “in the moment” kind of thing.

The Final Thought On This BasecampTrading Review Before Looking At a Review From the Internet

At the end of the day, Base Camp doesn’t seem transparent enough.

With no proof of the trade win rate that they claim, I recommend a hard pass on their service.

They didn’t really make it clear as to whether or not they would provide exact trades to follow in their trading rooms.

Or what kind of trades (daytrades or swing trades) would be provided (if any) once members are in the trade rooms.

It seems like you can observe and if you’re quick enough,

Especially as there are so many other better services available.

Reviews from The Interwebs: Basecamp Trading Review: The Drew Day Scam!

There seem to be a number of very negative Base Camp Trading reviews online.

One of the chief concerns from the negative review we found seem to be that Base Camp charges to learn different trading techniques and indicators.

The Naked Trading Mastery Course – Complaints About Their Futures Trading Products

In selling their monthly membership, Base Camp offers potential customers a trading course they say is worth over $800.

But on one critic’s review, he alleges that the trading info Base Camp provides “is absolutely useless.”

The critic went on to say that when he entered the trading rooms, he couldn’t find any “actionable information or trade recommendation.”

He felt that the trading moderators were talking rather than trading.

The reviewer also claims that “Thomas Wood of Base Camp Trading was clearly paper trading or using a simulated account” and that he posted only generic directional ideas on his Twitter and Stocktwits accounts, rather than trade specifics.

This same negative review looked to be posted in many different places online.

When I looked into any complaints listed on BBB.org, there weren’t any.

So it’s tough to say for sure whether this complaint is legit, or if it’s a someone who bought the service, lost a few trades and then went posted negative reviews because of it.

base camp trading review

When looking for a base camp trading review, most request about their trade performance

And while they claim to have a 94.8% win rate for one of their products, I couldn’t see any proof whatsoever to support this claim on the base camp trading official website.

If a company is going to make a claim as to their trade win rate, they should provide some sort of proof.

For example, on their sales page The Empirical Collective makes a claim to have had a 95.918% win rate. They then supply a list of all the winning and losing trades they posted over a 7 month period.

Bottom line : if you’re making a claim you should provide some sort of proof.

With this lack of proof, it makes Base Camp seem a little less trustworthy.

And because they don’t seem to come right out and say whether they will be providing specific trades for their members to follow, we would have to assume that this isn’t part of their product offering.

Maybe their taking a little more of a “general market” advisor approach where they let people take their price action trading style courses and then make their own trades from there.

People were also interested in the following topics…

Base Camp Trading

Basecamptrading is a website offering “learn to trade” information as well as a trading chat room. There have been many negative reviews posted about them, with previous customers saying a membership inside TheEmpiricalcollective.com provides much better value.

Basecamp Review

The reviews we found weren’t kind to BaseCamp. It seemed one upset user posted the same horrible review multiple times all over the internet. Because of that, we have to recommend a membership inside TheEmpiricalCollective.com as a better choice.

The naked trading mastery course

The naked trading mastery course could refer to two different courses. The first is the one made by BaseCampTrading where they say they will teach you everything to know about trading using price action. They sell this on their site for just under $900, but it’s really there just to be used as a bonus to get people to sign up for their monthly membership trading rooms.

The other course is a course offered on Udemy that is a primer on learning how to trade forex.

What are the basics of trading options?

Options are contracts that provide the bearer the right, but not the responsibility, to purchase or sell a certain quantity of an underlying asset at a predetermined price at or before the contract’s expiration date. Options, like most other asset types, may be acquired through standard brokerage accounts.

Because they can improve a person’s portfolio, options are a valuable tool in any trader’s aresenal. They do so by increasing their revenue, providing protection, and even using leverage.

You can also use options to generate additional revenue against stock you might be holding. They’re also frequently employed for speculative objectives, such as betting on a stock’s direction.

Options Are Part of the Derivative Family

Derivatives are a bigger category of securities that includes options. The price of a derivative is determined by or derived from the price of something else. Options are financial security derivatives whose value is based on the price of another asset. Calls, puts, futures, forwards, swaps, and mortgage-backed securities are all examples of derivatives.

Calls and Puts

Derivative securities, such as options, are a sort of derivative security. The price of an option is inextricably related to the price of something else, making it a derivative. When you purchase an options contract, you are given the right but not the responsibility to buy or sell an underlying asset at a certain price on or before a specific date.

A call option entitles the holder to buy a stock, whereas a put option entitles the holder to sell a stock. Consider a call option as a deposit for a future purchase.

A put option allows the holder to sell a stock at a predetermined price. So if the price of the asset dropped, the person holding the put would make money.

Sooo, how do options work?

When it comes to pricing option contracts, it all boils down to calculating the likelihood of future price events taking place.

The more probable something is to happen, the more expensive it will be to buy an option contract that covers the likelihood of that event happening.

A call’s value, for example, rises when the stock (underlying) rises.

And then when a stock drops, a put’s value increases.

This is crucial to getting your head around option contract pricing.

How Time Decay Affects Option Pricing

The closer an option gets to its expiration date, the less valuable it becomes.

This is because as we go closer to expiry, the odds of a price change in the underlying stock drop dramatically.

So if you buy an out-of-the-money one-month option and the stock doesn’t move, the option loses value with each passing day.

A one-month option will be less valuable than a three-month option since time is a factor in the price of an option.

This is because the likelihood of a price change in your favor increases as you have more time available, and vice versa.

As a result, an option strike that expires in a year will cost more than an option strike that ends in a month.

Time decay is the cause of this option losing value as time goes by.

If the stock price remains unchanged, the identical option will be worth less tomorrow than it is now.

Volatility Also Affects The Price of Options…

Option prices are also affected by volatility.

This is because uncertainty raises the chances of a positive outcome.

Larger price fluctuations enhance the chances of significant moves both up and down as the volatility of the underlying asset rises.

Price fluctuations that are larger will enhance the likelihood of an incident occurring.

As a result, the more the volatility, the higher the option’s price.

In this sense, options trading and volatility are inextricably intertwined.

A stock option contract is the choice to purchase or sell 100 shares on most U.S. exchanges; this is why you must multiply the contract premium by 100 to determine the total amount you’ll have to pay to buy the call.

Remember to always paper trade and get a handle on pricing options before start any challenge base.

Shark Fin Trading Indicator: Here’s How to Discover This Harmonic Trading Pattern

Shark Fin Trading Indicator: Here’s How to Discover This Harmonic Trading Pattern

The Shark Fin Trading Indicator is a trend trading indicator that is based on the shark fin shape.

It was developed by Steve Nison, one of the most well-known and respected technical analysts in the world.

The Shark Fin Trading Indicator is a trend trading indicator that can be applied to any time frame and any market to help determine the direction of a stock by looking at a chart.

Of course, many people would rather just have trade alerts given to them, rather than messing around with charts or trying to learn the “ins and outs” of trading the market.

And if that sounds like you, The Empirical Collective can help with their incredible trade win rate (95.819% in some cases), exclusive trading tools and more value than any other competing trade alert service.

You can check them out here.

shark fin pattern tradingGetting back to the topic at hand, this uses the shark fin shape as an indication of whether a stock is overbought or oversold, and forms a “V” or shark fin type shape.

The sharkfin pattern shows up on the chart when there is a big buy or sell in the market followed by an almost instant correction. It comes about because of an overbuy or sell in the market. On the chart, a V-shape forms, confirming the sell signal.

A lot of trading platforms have tools to automatically show you this formation, but we’ll cover exactly what to look for when you’re looking at your charts.

How Do We Confirm That It’s Actually a Shark Fin?

When a basic V-shaped pattern appears, the sharkfin pattern can be misinterpreted, so how can we know if there is an overbuy or oversell?

Simply put, we use the Relative Strength Index (RSI).

This is a great confirmation, as the RSI measures how strong the price action for a certain asset is.

Price action below 30 RSI is considered oversold, while price action beyond 70 is considered overbought.

When the RSI indicates an over-buy/over-sell on the RSI, the Sharkfin pattern is confirmed.

shark indicator

How Do I Trade the Shark Fin?

When it comes to reversing downtrends:

Double check and make sure that the sharkfin formation is truly there.

Then wait for the RSI to fall below 30, indicating that the asset is oversold.

After a strong bullish rise (where the price increases), the RSI should quickly climb back over 30.

You want to enter the trade as soon as a candle closes above the 30 RSI level.

Stop Loss

Set a stop loss at the low of the sharkfin.

Take Profit

Take profit when the profit level is equal to the distance between the stop loss and where you opened the trade.

For Reversing Bullish Uptrends

Again, make sure that the sharkfin is actually there.

Then wait for the RSI to rise over 70, to prove that the asset is overbought.

Once this has happened, it should be followed by a negative move, where the RSI swiftly dips below 30.

To trade this, as soon as a candle falls below the 70 RSI level, open a trade.

Stop Loss

Set your stop loss to a level slightly above the positive rise of the shark fin.

Take profit

You want to take profit when the estimated profit is equal to the distance to the stop loss.

Shark Fin Trading Indicator

Here are 5 Tips to Setting Up High Probability Trades

Regardless of whether you’re using a harmonic shark pattern, any form of price pattern, fibonacci lines in your strategies, they all have to be used within a framework to help you set up high probability trades.

With that in mind, here are 5 tips to do just that.

The first step is to set up the trade

The setup is the collection of requirements that must be met before any stock trade can be considered. If you’re a trend-following trader, for example, a trend must be present. A tradable trend should be defined in your trading plan (for your strategy). This will prevent you from trading when there isn’t a trend. Consider the “setup” to be your rationale for trading.

If you don’t have a good reason to trade that fits your strategy, don’t trade.

But if the setup—your purpose for trading—is there, go on to the next stage.

The second step is to define the trade trigger

Even if you have a purpose to trade, you still need a specific occurrence to signal that it is time to trade.

After the stock has fluctuated or pulled back, some traders like to purchase on fresh highs.

During a decline, some traders like to purchase. When the price pulls back to a level of support, wait for a bullish engulfing pattern to emerge or for the price to consolidate for several price bars before breaking above the consolidation. Both of these are specific occurrences that distinguish trading opportunities from all other market changes (for which you have no approach).

However, before pulling the trigger on a trade, be certain that the trade itself is worthwhile.

You always know where your entry point is in advance when you use a trade trigger. This gives you enough time to double-check the trade’s legitimacy (steps three through five) before committing to it.

The third step – the stop loss

Knowing your trade trigger and having the correct entry isn’t enough to make a good trade. A stop-loss order should also be used to manage the risk on the deal if you’re purchasing stock.

A stop loss can be placed in a variety of ways, but it’s most often put just slightly below a recent swing low for long trades and just slightly above a recent swing high for short bets.

Another strategy is the Average True Range (ATR) stop loss, which includes putting the stop-loss order based on volatility a particular distance from the entry price.

The fourth step is to set a price target

You now know whether the conditions are suitable for a trade and where the entry point and stop loss will be placed.

The next thing to keep in mind and consider is the profit possibility.

A profit objective is based on something that can be measured rather than being set at random. For example, chart patterns give goals dependent on the pattern’s size. When purchasing near the bottom of a trend channel, you’ll establish a price objective near the top of the channel; if selling near the top of the channel, you’ll put a price target near the bottom of the channel.

Based on the patterns of the market you’re trading, decide where your profit objective will be.

Profitable trades can also be exited using a trailing stop loss. You won’t know your profit potential in advance if you choose a trailing stop loss. That’s good, because the trailing stop loss lets you to profit from the market in a systematic (rather than random) way.

The fifth step – the risk to reward ratio

Make an effort to only enter deals when the reward possibility exceeds 1.5 times the risk. If the price reaches your stop loss, for example, you should make $150 or more if the goal price is met.

Before initiating or starting the trade, however, you should examine if the profit potential will outweigh the potential loss.

Walk away if the profit potential is equal to or less than the risk. It’s possible that you’ll put in all this effort just to discover you shouldn’t even place the trade.

It’s just as crucial to avoid terrible trades as it is to participate in good ones if you want to succeed.

If you want to learn how to trade on your own (using the same strategies & techniques we’ve used to enjoy trade win rates well above 90%), click here for a list of resources.

People Also Asked These Questions When Looking for Info on a shark fin trading indicator

What is shark fin pattern trading?

The shark fin pattern is a popular trading strategy among traders and investors. It involves the use of an indicator that measures momentum in order to predict when stocks are going to make major moves.

What is the harmonic shark pattern trading strategy?

It’s just another name for what we’ve been discussing 😉

What is bullish shark pattern?

Essentially a bullish shark pattern is when an asset drops below the 30 RSI level and then almost immediately rebounds back up past the 30 RSI level.

How do you measure a shark pattern?

You measure a shark pattern by using the RSI (Relative Strength Index) to help determine whether an asset is oversold or overbought.

What is TDI in forex?

TDI refers to the Traders Dynamic Index. This particular meta trader indicator is a fairly well used indicator that makes use of RSI, and volatility bands (based on Bollinger Bands) to provide traders with a complete picture of the state of the FOREX market.

What is the shark indicator?

It’s a trading indicator used by traders when looking for an entry or exit point of a trade.

Forex Shark Pattern

The shark fin trading indicator is a harmonic pattern that uses the RSI to determine an entry or exit point. Here’s how to spot it perfectly:

Shark Indicator

The shark pattern indicator uses the RSI to show an over bought or over sold price pattern to determine the next direction the stock will take.

How does the shark fin pattern form?

It forms with a sharp movement in past certain levels on the relative strength index.

 

When a simple v-shaped pattern occurs, so how do we confirm if there’s an overbuy or oversell?

This is where you have to use the RSI to confirm the trend.

What is a shark fin options strategy?

Shark Fin Options are a type of knock out option that includes a built-in mechanism that closes the option if a predetermined price level (yes, you guessed it: the knock-out price) is exceeded before the option contract expires.

shark fin options strategy

 

Oil Prices Drop 30% in a Week?

Oil Prices Drop 30% in a Week?

The Price of Oil has plummeted 30% in a week.
What. The. Heck.

Following Russia’s invasion of Ukraine, global oil prices skyrocketed.

Brent crude jumped above $139 per barrel just over a week ago. Analysts predicted that prices may hit $185, then $200 as traders shied away from Russian oil, driving up inflation and putting a burden on the global economy.

Since then, however, there has been a sharp turnaround. Brent crude prices, the global benchmark, are down nearly 30% from their high. After losing another 7% on Tuesday, they’re now trading below $100 per barrel.

What’s going on: The unusually fast reduction has been fueled by optimism that Saudi Arabia and the United Arab Emirates will increase oil production, and that Chinese consumption will fall as a result of new coronavirus restrictions in large cities. This would help to relieve the market’s stress.

Analysts warn, however, that we are not yet out of the woods. Oil is still selling at a considerable premium to its cost of production, and severe fluctuations are expected to continue in this period of great uncertainty.

“I wouldn’t rule out $200 per barrel just yet,” Bjrnar Tonhaugen, Rystad Energy’s head of oil markets, is quoted as saying. “It’s far too early.”

Oil prices soared after the invasion, as traders began to see Russian petroleum exports as untouchable. This has generated concerns about how that supply of 4 to 5 million barrels per day would be replenished, especially when demand for gasoline rises throughout the summer.

Investors, on the other hand, appear to be questioning if they went too far, too quickly in the last week. The UAE’s ambassador to Washington stated that the government wants to expand oil output, raising expectations that the Organization of the Petroleum Exporting Countries, or OPEC, could finally interfere. Meanwhile, despite the ongoing conflict, Russia and Ukraine continue to communicate.

In the near run, China’s resolve to preventing the spread of Covid-19, which has resulted in a lockdown in the tech capital of Shenzhen and new regulations in Shanghai, might mean the country requires less energy. On a daily basis, China imports roughly 11 million barrels of oil.

“People realized we’re still in the middle of an pandemic,” Tonhaugen explained.

Why it matters: The decline in oil prices has helped keep gasoline costs in the United States from rising. For the time being, they’ve leveled down, albeit a gallon of petrol still costs over $4.32 on average.

While $100 per barrel of oil is still quite costly, if prices continue in that range, it may alleviate some concerns about inflation speeding up.

Policymakers would probably feel a sigh of relief.

Investors, on the other hand, appear to be uneasy as they analyze the fallout from Russia’s incursion. Russian oil continues to trade at a $26 discount to Brent.

Analysts feel the course of events has been determined.

According to Giovanni Staunovo of UBS, oil will trade at $125 a barrel by the end of June. Tonhaugen of Rystad Energy, for one, believes that while the war progresses, prices will continue to break records.

He explained, “This is the calm before the storm.”

 

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Oil Prices Drop 30% in a Week?

Goldman Sachs: 35% Chance of Recession This Year

Goldman Sachs: 35% Chance of Recession This Year

The war in Ukraine, rising inflation, increasing interest rates
= higher chance of recession this year

Europe’s dependency on Russian energy has increased the chances of the area entering a recession this year, as rising prices forces people to cut back on spending. The United States is more protected against the rise in oil and gas costs than other countries, but it is not immune.

Goldman Sachs has lowered its growth prediction for the United States in 2022. During the first three months of the year, it has seen little to no growth.

The likelihood of a recession in the United States during the next year has grown to as high as 35 percent, according to Goldman’s analysts, lead by Jan Hatzius.

“Rising commodity prices will almost certainly have a negative impact on consumer spending, as households — particularly lower-income households — are forced to spend a larger share of their income on food and gas,” they told clients on Thursday.

Morning Consult and Ipsos real-time data on consumer confidence “suggest a dramatic fall in consumer confidence since Russia invaded” Ukraine, they said.

It isn’t going to be the only cause of anxiety. Financial conditions have tightened as well, perhaps making it more difficult for enterprises to obtain funds. America’s worldwide supply lines and operations will be harmed as a result of Europe’s problems.

Sanctions imposed on Moscow as a result of the invasion of Ukraine are wreaking havoc on the Russian economy. According to the Institute of International Finance, it would contract by 15% this year, which would be twice as bad as the recession that followed the global financial crisis.

However, because Russia is a significant supplier of oil and gas, as well as important agricultural products and industrial metals, the consequences of its economic collapse and isolation would be felt worldwide. Europe is the most vulnerable, as it is heavily reliant on Russia for energy, but the rise in energy and food costs will be felt across the Atlantic as well.

A US recession is not a certain conclusion. Wells Fargo predicted a recession in Europe but not in the United States on Thursday. Treasury Secretary Janet Yellen said in an interview with CNBC on Thursday that the labor market is strong and that American households are in “excellent financial position.”

“Inflation is a concern that we need to address,” Yellen added, “but I don’t predict a recession in the United States.”

Goldman Sachs experts aren’t the only ones who see hazards increasing.

In a recent CNN Business piece, Mark Zandi, the chief economist of Moody’s Analytics, said, “There is a growing fear that increasing inflation could overcome the nation’s solid economic recovery, ending in a recession.”

The Federal Reserve will be under even more pressure as it considers its next step as a result of this. As part of its effort to bring inflation under control, the central bank plans to begin hiking interest rates this month. However, if it withdraws assistance for the economy too quickly, a recession may be more likely.

Despite the conflict in Ukraine, the European Central Bank announced on Thursday that it will restrict the money taps sooner than planned. Investors were taken aback by the hawkish tone.

“The US is likely to outperform Europe, which is likely to slip into recession, owing to the American economy’s greater internal resilience and agility,” the economist Mohamed El-Erian wrote in a column published this week. “However, the US Federal Reserve’s failure to respond to inflation in a timely manner last year — a historic policy mistake — will undermine policy flexibility.”

Investor Uncertainty

As the fight continues, investors will be wary of high inflation and weaker economic growth, as well as uncertainty about how much central banks can truly do to interfere.

Wells Fargo has decreased its S&P 500 year-end projection for 2022. It believes the index will continue to increase rapidly from present levels. However, the bank noted that war-related economic circumstances are expected to hurt corporate profitability, putting pressure on equities.

Following the invasion of Ukraine, Goldman Sachs (GS) and JPMorgan Chase (JPM) became the first big Western banks to pull out of Russia on Thursday. There will very certainly be more, at a cost of tens of billions of dollars.

Goldman is “winding down its operations in Russia in accordance with regulatory and licencing requirements,” according to the latest news. JPMorgan Chase followed suit with a similar announcement.

The withdrawals come as Western banks scrambled to assess their exposure to Russia following President Vladimir Putin’s invasion of Ukraine, which triggered harsh sanctions against the country’s financial system, including its central bank and key commercial lenders, VTB and Sberbank.

They also come after Western corporations have fled practically every other area of Russia’s economy, and ratings agencies have predicted a Russian debt default.

Remember that untangling Russia from the global financial system would be difficult, and the full scope of the consequences is still unknown.

According to the Bank for International Settlements, which banned Russia’s membership on Thursday, Russian firms owe more than $121 billion to international banks. Total claims against European banks amount to more than $84 billion. The countries with the most exposure include France, Italy, and Austria. $14.7 billion is owing to US banks.

Banks are also concerned about their Russian staff and what Moscow may do next.

Dmitry Peskov, a Kremlin spokesman, claimed Thursday that Russia’s economic condition is “totally unique,” and accused the West of starting an “economic war.”

Meanwhile, Putin has backed efforts to acquire assets left behind by Western corporations that have halted or abandoned operations in the country.

Meanwhile, In China…

The future of big Chinese firms traded on Wall Street has been put into question once again, sending prices plummeting.

The Securities and Exchange Commission of the United States said on Thursday that five Chinese businesses may be delisted from American stock exchanges for failing to fulfill auditing criteria.

Yum China Holdings, ACM Research, BeiGene Biotech, Zai Lab, and Hutchmed Pharmaceuticals were among the companies on the list.

Big tech stocks, on the other hand, were down. Investors are anxious that the US agency may add more businesses to the list.

Alibaba fell more than 5% in Hong Kong on Friday. On Thursday, its shares on the New York Stock Exchange fell roughly 8%. After finishing 16 percent down on Wall Street, JD.com dropped 11% in Hong Kong. Following a 6 percent decrease in the United States, Baidu was down about 5%.

Other corporations with dual listings in the US and Hong Kong saw their stock prices plummet as well.

Goldman Sachs: 35% Chance of Recession This Year

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The FED to Shrink Its Balance Sheet, Plunging Economy into Recession

The FED to Shrink Its Balance Sheet, Plunging Economy into Recession

The FED’s bond purchases from their qualitative easing program
has provided liquidity to the markets.
They’re pulling that back now – it could crash the stock market and plunge the economy into recession if done too quickly

Members of the Federal Reserve are arguing how swiftly the central bank should shrink its bond portfolio without triggering a recession.

The Federal Reserve’s asset balance is about $9 trillion as of the second quarter of 2022. The majority of these assets are government debt and mortgages that have been securitized. The majority were bought to reassure investors amid the subprime mortgage crisis of 2008 and the pandemic of 2020.

“What’s occurred is that the balance sheet has evolved into a policy instrument.” Former Vice Chairman of the Federal Reserve Board of Governors Roger Ferguson told CNBC. “The Federal Reserve is using its balance sheet to achieve unprecedented results.”

The Federal Reserve of the United States has traditionally utilized its role as a lender of last resort to inject liquidity into markets in times of crisis. When the central bank purchases bonds, it may encourage investors to pursue riskier investments. Despite difficult economic conditions for small firms and regular employees, the Fed’s actions have benefited US stocks.

According to Kathryn Judge, a Columbia Law professor, the Fed’s stimulus is like lubricant for the financial system’s wheels. “There are fears that if they apply too much grease too frequently, the whole machinery would become risk-seeking and vulnerable in other ways,” she told CNBC in an interview.

Analysts fear the Fed’s decision to raise interest rates in 2022 before rapidly shrinking its balance sheet might trigger a recession if riskier assets are revalued.

But the FED doesn’t have a lot of options that won’t rock the stock market boat when it comes to fighting runaway inflation.

The FED to Shrink Its Balance Sheet Plunging Economy into Recession

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Dow Bounces Back as Commodities Cool

Dow Bounces Back as Commodities Cool

Stocks rose sharply on Wednesday as lately soaring commodity prices eased,
despite the ongoing conflict in Ukraine.

The Dow Jones Industrial Average increased by 620 points, or 1.9%. The S&P 500 rose roughly 2%, while the Nasdaq Composite jumped 2.3 percent.

The rebound occurred after the market dropped for a fourth day on Tuesday, with the S&P 500 and Dow both dropping deeper into correction territory, and the Nasdaq Composite adding to its bear market losses.

This market shift is due to a drop in commodity prices, which has recently frightened stocks into beating a hasty retreat. During the battle in Ukraine, energy and agriculture items have soared, and some metals have seen significant advances.

In some cases the moves on some commodities (I’m looking at you Nickel) was so drastic that they halted trading. (When was the last time you saw that happening with commodities??)

The U.S. benchmark, West Texas Intermediate crude, was last down 4% to around $118, while Brent crude, the international standard, was down 3.5 percent to approximately $123.

Wheat futures fell 6.3 percent to $1,206 a bushel, while palladium continued to rise, jumping 3.8 percent to $3,082 per ounce. On Wednesday, silver, copper, and platinum all fell in price.

“Changes in commodity prices, particularly oil, continue to influence the equities market,” said Kathy Bostjancic, chief U.S. economist at Oxford Economics. “Trading will remain erratic, rallying when prices fall, but the likelihood of very high oil and non-energy prices puts a shadow over the outlook for economic activity and the stock market.”

On Wednesday, consumer-related companies soared after falling on expectations that increasing gas costs would stifle consumer spending. Nike gained 6%, while Starbucks gained 3.8 percent.

On Wednesday, airlines and cruise lines were also up. Carnival Corporation is up more than 7%, and United Airlines is up 7.2 percent.

Investors rotated out of bonds after huddling in fixed income for safety during the Ukraine conflict, causing Treasury prices to fall and yields to rise. The yield on the benchmark 10-year note increased by 3.7 basis points to 1.91 percent. A basis point is equal to 0.001% of a percentage.

As yields increased, bank stocks soared. PNC Financial was up 4%, while Wells Fargo was up more than 5%. Goldman Sachs and JPMorgan Chase were both up 3%.

After President Joe Biden declared an embargo on Russian fossil imports, including oil, in reaction to the country’s invasion of Ukraine, energy markets fell on Wednesday after a solid day Tuesday.

Pepsico’s stock jumped more than 1% after the soft drink giant said that it will stop selling its products in Russia, while it will continue to offer snacks and basics like infant formula. Aside from that, shares of dating service Bumble’s stock rose 37% after the company announced a profit and growth forecast that exceeded Wall Street’s expectations.

After a day of choppy trading, the major averages all ended the day down. The Dow Jones Industrial Average threw up a 585-point gain to close the day 184 points down, deepening its decline. The S&P 500 index fell 0.7 percent, putting it in correction territory. After entering bear market territory on Monday, the Nasdaq Composite dropped 0.2 percent.

Although it is unclear if the Federal Reserve will be able to achieve a soft economic landing, Ross Mayfield, an investment strategy analyst at Baird, believes the United States will be able to escape a recession.

“The labour market, consumer, and aggregate business sector strength in the United States should function as the weight to keep us out of recession in the short term,” he told CNBC. “Overall, volatility is expected to endure; there is a broad range of outcomes in Ukraine; but, the fundamentals of the US economy remain sound, especially if the Fed can raise rates without disrupting demand.”

Morgan Stanley thinks that the recent nickel jump has increased the cost of an electric vehicle’s input by $1,000.

The Labor Department said Wednesday that job opportunities outweighed available employees by roughly 5 million in January.

According to the Job Openings and Labor Turnover Survey, total vacancies actually decreased somewhat, falling to 11.26 million after a significant upward adjustment in December’s statistics.

Finally a bit of a relief to the recent skyrocketing of commodity prices…maybe these price decreases will eventually trickle down to the consumer.

Here’s hoping…

 

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Dow Bounces Back as Commodities Cool

S&P Rebounds & Oil Increases as Investors Jump Back Into The Markets

S&P Rebounds & Oil Increases as Investors Jump Back Into The Markets

Following the S&P 500’s worst day since October 2020, stocks fluctuated dramatically on Tuesday, as investors remained cautious due to continuing geopolitical uncertainties and rising commodities prices.

After surging 586 points to its session high, the Dow Jones Industrial Average recently traded up 100 points. After soaring as high as 1.8 percent, the S&P 500 gained 0.2 percent. After sliding into bear market territory the previous day, the Nasdaq Composite gained around 0.5 percent.

Investors are still assessing rising commodity prices and sluggish economic development as a result of Russia’s invasion of Ukraine. Rising costs for oil, gasoline, natural gas, and precious metals such as nickel and palladium are raising fears of a global recession as inflation rises.

On Tuesday, WTI crude oil soared as much as 7% to $128 a barrel after President Joe Biden said that the US will restrict Russian oil imports. Oil prices soared to a 13-year high of $130 a barrel to start the week.

Due to rising oil prices, the energy industry was a bright spot on Tuesday. Chevron and Exxon both saw their stock prices rise by 5% and 2.5 percent, respectively. Plus, when oil prices continued to increase, investors’ attention switched to alternate energy sources, solar and other renewable energy companies rose. Enphase Energy and SunPower both increased by 14% and 21%, respectively.

Airlines and cruise lines made strides as well. Delta Air Lines increased by 6%, while American Airlines increased by more than 9%. Southwest Airlines and United Airlines were both up 7%. Norwegian Cruise Line’s stock also increased by more than 7%.

Tuesday’s “bounce was a small victory that the low may be in,” said Jim Paulsen, chief investment strategist for the Leuthold Group. “However, it may have to be tested again later today or later this week,” he added.

Brent crude, the international benchmark, hit a high of $139.13 per barrel overnight Sunday before settling at $123.21 per barrel, its highest level since July 2008. Brent was recently trading at $126, up 2%.

Consumers’ wallets are already feeling the effects of the crude price increase. According to AAA, the national average for a gallon of regular gas rose to $4.173 on Tuesday. The previous high was $4.114, which was set in July 2008 and was not adjusted for inflation.

Other commodity prices have also begun to rise again. On Tuesday, nickel prices briefly surpassed $100,000 per metric tonne, setting a new high.

Palladium futures, a critical metal in the electronics industry, gained another 5% to $3.04 an ounce, while platinum futures jumped over 3% to $1,149.70 an ounce.

“Perhaps there’s some relief that only the US is immediately shutting off Russian oil/gas, whilst the UK and EU are implementing their plans over several quarters. Furthermore, while the majority narrative on Russia/Ukraine is pessimistic, the components for a ceasefire are coming together,” stated Vital Knowledge founder Adam Crisafulli.

Treasury rates were also considerably higher, with the benchmark 10-year note rising almost 10 basis points to 1.85 percent as investors sold Treasuries amid rising inflation worries. Yields move in the opposite direction of price.

The move followed a sharp sell-off on Wall Street, with the S&P 500 dropping about 3% for its worst day since October 2020. The blue-chip Dow fell over 800 points for the sixth time in six sessions, while the Nasdaq Composite, which includes many of the market’s top tech firms, fell 3.6 percent, sliding into bear market territory, down 20% from its November peak.

Investors remained on the lookout for new developments in the escalating global tensions. Ukraine claims that Moscow is attempting to exploit the cease-fire agreement by allowing only Ukrainian citizens to flee to Russia and Belarus.

Shell has apologized for buying cheap Russian oil and said that it will sell all of its hydrocarbon interests in Russia. Russia has warned that if Western nations impose an embargo on petroleum exports, prices may rise to $300 per barrel. Shell’s stock increased by 3% on Tuesday.

With rising inflation and the war in the Ukraine, costs and tensions continue to escalate.

 

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S&P Rebounds & Oil Increases as Investors Jump Back Into The Markets

Russia Threatens $300/Barrel Oil if The West Cuts Energy Supplies to Russia

Russia Threatens $300/Barrel Oil if The West Cuts Energy Supplies to Russia

In response to sanctions imposed,
Russia threatens that oil could skyrocket to $300/Barrel,
effectively crushing the European economy.

If governments follow through on threats to stop buying energy from Russia, Western countries might face oil prices of over $300 per barrel and the eventual shutdown of the main Russia-Germany gas pipeline, a senior minister said on Monday.

On Monday, oil prices rose to their highest level since 2008 after US Secretary of State Antony Blinken indicated the US and its European partners were considering blocking Russian oil imports.

“It is very evident that rejecting Russian oil would have disastrous effects for the world economy,” Russian Deputy Prime Minister Dmitry Rogozin said.

In a statement shown on state television, Minister Alexander Novak stated.

“The price increase would be unpredictably high. It would cost at least $300 per barrel.”

According to Novak, replacing the volume of oil received from Russia would take more than a year, and Europe would have to pay much higher rates.

“European leaders must be honest in their warnings to people and consumers,” Novak added.

“Go ahead and reject Russian energy supply if you want to. We’re prepared for it. We know where the volumes may be redirected.”

Novak said Russia, which provides 40% of Europe’s gas, was fully complying with its responsibilities, but that it would be absolutely within its rights to react against the European Union after Germany blocked the Nord Stream 2 gas pipeline’s certification last month.

“We have every right to take a matching decision and impose an embargo on gas pumping via the Nord Stream 1 gas pipeline in connection with… the imposing of a restriction on Nord Stream 2,” Novak added.

“We haven’t made such a choice yet,” he remarked. “However, European politicians’ words and charges against Russia drive us in that direction.”

JP Morgan estimates that Russia produces 12% of the world’s total supply of oil. But almost half of what Russia produces goes to Europe, verses only 3% going to the United States.

As for natural gas, Russia produces about 17% of the world supply and about 40% of that goes directly to Europe as well.

If the Russians were to cut off supply in retaliation, it would put all of Europe in an incredibly tough position.

For something less depressing, check out our base camp trading review.

Russia Threatens $300/Barrel Oil if The West Cuts Energy Supplies to Russia

 

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Russian Stocks Pulled from Major Indexes

Russian Stocks Pulled from Major Indexes

Russian stocks are being yanked from the DJI and S&P 500
before trading next Wednesday

With Russia’s invasion of Ukraine, index powerhouse S&P Dow Jones Indices said Friday that all equities listed and or located in Russia will be removed from its benchmarks, further cutting the country off from the rest of the global economy.

The move will effectively strip Russia of its “emerging market” economic status.

S&P Dow Jones Indices said the elimination, which takes effect before the market opens next Wednesday, also affects Russian American depositary receipts (ADRs).

The company, which manages the Dow Jones Industrial Average and the S&P 500, also announced that Russia will be declassified as an emerging market and put in a separate category.

Russian military assaulted Europe’s largest nuclear power plant in Ukraine early Friday morning, igniting a fire at a nearby training site.

The attack was labelled a war crime by the US embassy in Kyiv.

Trading in three Russian ETFs — Franklin FTSE Russia ETF (FLRU), iShares MSCI Russia ETF (ERUS), and Direxion Daily Russia Bull 2X Shares — was suspended by the NYSE earlier Friday (RUSL). The halts were attributed to “regulatory concerns,” according to the exchange.

Since the geopolitical tensions erupted, exchange-traded funds that monitor Russian markets have been in a spiral. After losing 27.9% on Monday, the iShares MSCI Russia ETF fell 33.4 percent on Tuesday, its worst day since the fund’s launch in 2010.

In the meantime, the VanEck Russia ETF finished February with a loss of 54.9 percent, its worst month ever.

 

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Russian Stocks Pulled from Major Indexes