Trade ideas are provided as a guide only. Market Matters is not investing in these ideas as we do our other suite of portfolios available here. If trades are updated through the week, these updates will be advised in the morning note and will be flagged as an alert on the home page of the website. Separate emails or SMS messages will not be sent for Shawns Trade Ideas. The ideas are General in nature only.
- Existing positions and past trades can be found on the MM website.
Firstly, updates to existing positions and orders:
- We have no open positions and are cancelling all outstanding orders as we start “Liberation Week”.
We are looking for a sharp spike lower by risk assets this week; the question is what do we want to buy, and importantly, where? As a general guideline, most professional traders generate 95% of their profits from 5% of their trades, which unfold over small windows of time. We have started this week with one trade we expect to be filled, although a tweak in price may need to be made along the way, but watch out for other ideas in the coming days as the market unfolds.
We discussed ALL last week, but just because it’s being considered for one of our portfolios doesn’t mean it cannot also come under the trade umbrella. Arguably, the best positions will fit into both. Market valuation contraction has brought ALL back towards its longer-term average valuation, which we consider as reasonable as the company continues to kick goals. With markets positioned for the worst into Liberation Day, quality companies such as ALL are starting to offer interesting value.
- We believe ALL will offer tremendous risk/reward in to fresh washout style lows under $63.
