Many investors have no idea how options works. At InvestorPlace, we believe that you should know the difference between a put and a call. Our financial analysts will show you which stocks are ripe for swing trades, how to position your portfolio to minimize your risk, and what are the top stocks to trade this week.
Today I am recommending a bullish trade on the SPDR Gold Shares (NYSE:GLD), an ETF that tracks the price of gold.The market is definitely in a corrective mode right now and, while this week’s pullback is not as severe as the one we saw at the start of the year, there is a chance that stocks could take another leg to the downside before they are able to stabilize. I mentioned previously that the Fed’s interest rate increases are eventually going to cause deleveraging in the marketplace, and the action this week seems to bear that out.
Alibaba stock had a key reversal day yesterday. Shares opened at new lows only to immediately rally and close higher on the day. This type of price action indicates that the sellers may finally be exhausted, especially after such an unrelenting drop.
Shake off one man’s bearish label and go with history and the big picture in AMD stock instead. Here's what you should expect from Advanced Micro Devices.
