Hey traders!
Federal Reserve Chair Jerome Powell is shaking markets again, and it’s time to look for tickers we can short on the way back down.
To do this, I like to look for relative weakness stocks in sectors also demonstrating bearish setups.
I like to do this via bearish butterflies because it gives me the best risk to reward and a trade with a low debit, especially when compared to buying puts.
Checkout my video newsletter on the Consumer Discretionary ETF (XLY), and Amazon (AMZN) below:
Happy trading!