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Fri: Top Buys QQQQ Top Sells SPX SPY RTP PCU

Primary Trades:

SPX Jun 1,320 puts and SPY Jun 133 or Jul 132 puts are buys near SPX 1,315 or SPY 131 1/2.

Secondary Trades:

Calls: QQQQ May 37 or 38 calls, which are about 100% intrinsic value, are buys on a low open. QQQQ closed at 40 3/4. However, if QQQQ falls below 40, selling may accelerate.

Puts: Gold closed at 721 1/2 after rising to about 730, which are new recent highs. Copper closed at 370 1/2, which is another new high. RTP Jul puts and PCU Jun puts are buys when those stocks bounce.

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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.