Microsoft And A Dollar Index Fund To Consider Shorting Amid A Downtrend

On CNBC’s “The Final Call,” Carter Worth said, “There are always rallies, but the market by all accounts is not in good shape.” He recommended for traders to “remain sellers.”

Dennis Davitt said that he was going to follow Michael Khouw to get short exposure to Microsoft Corporation MSFT.

Check out other stocks making moves in the premarket.

Khouw said that he was going for put spreads in Invesco DB US Dollar Index Bullish Fund UUP to “short (the) dollar.”

Now Read: Xi Jinping Effect: Why Alibaba, Nio And Other Chinese Stocks Are Nosediving Today

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Posted In: Short IdeasOptionsMarketsMediaTrading IdeasCarter WorthCNBCDennis DavittMichael Khouw
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