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:

  1. Energy, which is moving a bit higher…

XLE 12/20/22 | Google Finance

  1. Tech, which is lagging behind…

QQQ 12/20/22 | Google Finance

  1. 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…

  1. 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. 

  1. 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.

  1. 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,

Mark Sebastian


Comments

Leave a Reply

Your email address will not be published.