Editor’s note: Today, RagingBull.com introduces another new feature, The Swing Shift, that will be part of the six regular features in the new Raging Bull podcast. The Swing Shift will feature various traders from Raging Bull discussing ideas for swing trades. While the interviews originate from “Money Life with Chuck Jaffe,” RagingBull.com will be making them available as a stand-alone podcast that our audience can subscribe to independently. Complete details will be available here in the days ahead.
Davis Martin of DailyProfitMachine said that the recent sell-off in Alphabet Class A shares (GOOGL) has him looking at the stock as a possible oversold play, and that if he sees the right kind of movement from here, he will trade in short- and longer-term options on the stock expecting it to rebound to roughly $1,000 per share over the next few months.
The Raging Bull podcast features different experts from the site, talking with Raging Bull editor Chuck Jaffe as part of his show, “Money Life with Chuck Jaffe.” You can learn more about Money Life — a weekday hour of market and personal-finance chat — at MoneyLifeShow.com.
Disclosure: Davis Martin currently holds no GOOGL options, but is looking at them as a swing trade — and planning to buy them — under the conditions described in the interview.
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