John Carter Analysis: FXY, FDX, TSLA, AAPL, TLT, IWM
The yen and bonds have both had significant shifts while TSLA & MMM continue to work well. The FXY really stands out and Carter is looking for a squeeze to the downside and break and therefore will buy puts. The implied volatility is real low so you can go out to July and potentially make a double on this one. Should the yen continue to move lower, stocks will move higher and these are the names Carter is looking at. Looking at re-entries for another trade in FedEx. MMM continues to act well, but TSLA seems to be running out of gas and that is why involved with the call spread. Carter will be holding positions through the split in AAPL.
The yen and bonds have both had significant shifts while TSLA & MMM continue to work well. The FXY really stands out and Carter is looking for a squeeze to the downside and break and therefore will buy puts. The implied volatility is real low so you can go out to July and potentially make a double on this one. Should the yen continue to move lower, stocks will move higher and these are the names Carter is looking at. Looking at re-entries for another trade in FedEx. MMM continues to act well, but TSLA seems to be running out of gas and that is why involved with the call spread. Carter will be holding positions through the split in AAPL.
