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.
There are currently four open trade ideas across very different international markets:
- Long the iShares Large-Cap China ETF (IZZ) from $50, with stops now at $53.00 – Chinese equities.
- Long the BetaShares NASDAQ 100 ETF (NDQ) from $41.80 with stops now at $46.70 – US tech equities.
- Long the BetaShares Uranium ETF (URNM) at $7.50, with a stop loss at $6.80 – Uranium stocks.
- Long the VanEck Gold Miners ETF (GDX) at $70 with a stop loss at $65.50 – Gold stocks.
*Note stops have again been raised for the IZZ and NDQ positions.
Last week, Shawn had two “resting bids” in the market, one of which was filled and the other has now been cancelled.
- Trade Idea: Buy Woodside (WDS) at $18, with a stop loss at $16.80 – Cancelled.
