We’re not seeing a ton of momentum in the market today ahead of the holidays – but there are three sectors that are catching my eye:
- Energy, which is moving a bit higher…
XLE 12/20/22 | Google Finance
- Tech, which is lagging behind…
QQQ 12/20/22 | Google Finance
- And banks, which are having a good day (apart from EU banks, which are especially suffering overall.)
XLF 12/20/22 | Google Finance
So… where should you put your money today?
Well, I’ve got three stocks on the radar – two from the tech sector, and one from the banks –
And here’s exactly how I’ll play them…
- Apple Inc (NASDAQ:AAPL)
I think AAPL is oversold right now and I am bullish AAPL in the short-term.
If you were there for today’s live show, you heard this trade idea: I’d be a buyer of the December 23, 2022 $133 calls for $1.25 or less.
- Warner Bros Discovery Inc (NASDAQ:WBD)
If you signed up to see my Ugly Stocks presentation with Olivia Voz, you got a WBD trade:
WBD January 13, 2023 $10.50 put for $0.60 or less…
I’d be taking profits on any puts here if you haven’t already.
- Deutsche Bank AG (NYSE:DB)
I am seeing a couple big money put buyers DB, so sentiment says DB is heading lower.
The stock is having a better day today, so it might be a good time to buy some cheap puts here.
Until next time,
December 20 2022