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 two bullish open trade ideas in the energy sector:
- Long the BetaShares Uranium ETF (URNM) at $7.50 with stops at $7.90 – Uranium equities.
- Long Woodside Energy Ltd (WDS) at $23.05 with stops at $24
*NB stops have been raised in both positions.
- Profits were also taken in the Long VanEck Gold Miners ETF (GDX) at $85 on Friday, during the panic buying following the fresh Middle East outbreak – Click Here. If a trade idea is updated, the action is shown on the home page of the MM site.
