PeakTrader.com

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Fri: Top Buys SPY QQQQ Top Sells None

Primary Trades:

SPY Jun or Jul 126 calls and QQQQ Jun or Jul 38 calls are buys, because an oversold rally may take place next week after options expiration.

Secondary Trades:

None

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Primary Trade: An intermediate or long term trade. Timing can be off substantially. Volatility not a factor. Risk is low to moderate. Potential return is often moderate.

Secondary Trade: A short term trade. Timing must be accurate or volatility must be high. Risk is high. Potential return is high.

Secondary Trades should be generally avoided, although considered. Note: If Secondary Trades are taken, they may affect Primary Trades.