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US markets rebound after heavy overnight decline. Included are some trade ideas. Watch video

Market had a strong reversal day after heavy overnight decline, following Russian invasion of Ukraine.

It was quite a dramatic action during the entirety of the trading session.

Markets were down almost -3% in the premarket hours. Right after the open, there was little to no hesitation and then price started climbing, with the SPY (S&P 500) closing +1.5%, the IWM (Russell 2000) up +2.6% and the DJI (Dow Jones) up 0.28%.

The tech sector in particularly rallied strongly with the QQQ (Nasdaq 100) closing +3% up on the day.

In today's Trades of the Day video we go over the indices, some of the inverse ETFs we have been trading during the recent decline (SQQQ, SPXS, TZA...), and some other stocks that have the potential to do well, especially if market extends today recovery effort.

Make sure to watch this video to get the technical insights.

Good trading!


Trading Risk Disclaimer

All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.

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