The secondary market is the financial market where previously issued financial instruments including stock, bonds, options, and futures are bought and sold. The term secondary market refers to the market generated by the subsequent trading of such securities, in contrast to primary market, which refers to the market for fresh issues of securities. Initial public offerings (IPOs) are an example of primary markets. The primary market is the initial sale of the security by the issuer to a buyer who then pays the issuer the proceeds. The secondary market is where all transactions that take place following the security's initial sale. In secondary market, also known as aftermarket, the underwriter resells the securities to additional bidders. The secondary market is where holders of securities can buy and sell them. The secondary market is what most people refer to as the stock market. The Nasdaq and the New York Stock Exchange are examples of U.S. secondary markets.
The market has been range bound for the last few weeks with volatility on the decline, and earnings all over the place. So where to go to look for a trade? Nike has already had Earnings and is near a low of the year, so seems like a good option. As a contrarian that can mean only one thing to me: I have to make a trade with the assumption it will go up from here over the next 45ish days. We will do that by making a Long Call Vertical trade to bet that it starts to head up over the next couple months. For more on my trading and how to join me in real time, see below. Watch the video to get the details. Kal Trading Risk Disclaimer All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All tr