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Techs get wrecked but the Dow is STRONG…

Techs get wrecked but the Dow is STRONG…

Posted On March 8, 2021 2:18 pm
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As I write this the Dow is up almost 2% on the day (over 600 pts) and the NASDAQ is down almost .5%.

Basically, even though some of the market is strong, tech stocks continue to get hammered.

In Options360 we are looking at some trades on AAPL, MSFT, and AMZN.  

We aren’t ready to pull the trigger quite yet, but when we do I am very excited about the possibilities.  

Remember, last week we closed out 2 positions for impressive gains:

  • 56% ROI in MS, and

  • 47% ROI in IWM

And earlier this morning we closed another trade in Visa (V) for a gain of 23%

Even better, our Options360 model portfolio is up a whopping 12.2% for the year.  

I have been predicting that this year could be better than last year, and so far that seems to be the case.

If you have not grabbed your $19 trial subscription to Options360 yet, what are you waiting for?

The market is moving and we are taking full advantage.

Of course, we always want to manage trades properly.  No moon shots for us.  We grind it out, day by day. 
That’s the long-term plan to stay in the market.  

Don’t miss my next few recommendations.  You know there are no guarantees…

But I am really excited.  

Make sure you get them here. 

To Your Success,

Steve

About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.