6 Trades to Double Your Money by the End of Summer
OptionsZone Experts, July 4, 2009
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Our OptionsZone experts have put together a list of rocket-fueled options trades designed to light up your portfolio. Each trade was selected because it has the potential to double your money by the end of the summer. It doesn't get any better than that!
There's no need to get bogged down with the big, long-term picture for this erratic market when you can focus on netting some cool near-term profits during the summer heat wave.
Keep reading for the chance to score six money-doublers before fall rolls around.
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Houghton and Atkeson
Looking into June, the market should begin refocusing on upcoming earnings reports for evidence the economy is gaining momentum.
Watching the Treasury's Actions
In the short-term, the government's bond auction is likely to be a key driver of stocks.
Treasury Auction Boosts Market
The Treasury's auction of two-year notes brought an upside surprise which should alleviate fears of a lack of demand for U.S. paper.
Credit Markets Point to Upturn
The credit market, a reliable indicator of equity direction, suggests we will break out of the SPX's trading range to the upside.
The market seems to be saying that a 30% move up from the lows is ahead of the real economy and the market needs to allow the economy to catch up.
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