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 . If trades are updated through the week, these updates will be flagged as an alert on the home page of the website. Separate emails or SMS messages will not be sent for Shawn’s Trade Ideas. The ideas are general in nature only.
- Existing positions plus new and past trades can be found on the MM website.
New ideas and changes to positions/stops and orders are posted on the MM Site as they unfold.
We start the week with two open position:
- Long the Global X Copper Miners ETF (WIRE) at $20.98 with stops at $19.40.
- Long WiseTech Global (WTC) at $39.50 with stops moved to $35.80, around 9% risk.
NB The WTC stop has been moved as we want to buy this leg down in software stocks, not be stopped out. Also, note two “ideas” this morning.
