Actionable news
0
All posts from Actionable news
Actionable news in TLT: ISHARES 20+ YEAR TREASURY BOND ETF,

Trader attempts to use the Fed’s next move to make a 147% profit

The markets remain confused after Federal Reserve chair Janet Yellen's Friday morning speech at Jackson Hole. However, one trader is making a bet in case a rate hike becomes more likely.

Todd Gordon of TradingAnalysis.com sees a possible interest rate hike on the horizon, and believes that certain sectors are set for some big moves.

"The sectors that are responding the most are those interest rate sensitive sectors," Gordon said Friday on CNBC's "Trading Nation." These include consumer staples, which Gordon believes are in danger of a move to the downside should the Fed follow through on its hints to hike rates.

"Right now, it looks like the markets are starting to price in...


More