Buy Stocks Today For Quick Intraday Profits
May 26, 2010 Options, Stock Market
Stock futures are indicating a higher opening, following yesterday’s dramatic action that saw the Dow Jones Industrials go from an open of 10,061.43, fall to a low of 9,774.48, but then close at 10,043.75, for a loss of just 22.82 points.
Today could present some opportunity for some quick intra-day profits on the long side for traders. We are recommending trades for today to subscribers of our services, telling them to buy a few minutes after the open if stocks open strong as suggested pre-market action. We also recommend taking very quick profits as the stock market has taken on a bipolar personality of late. We could open to the upside, but still see some major selling as the day progresses.
Option traders have a chance for even bigger profit opportunities. We should see big moves in select stocks that could mean 20% or more profits in the front month call options of those stocks.
Tags: market volatility, Stock Market, Stocks
