Understanding Stock Sympathy Plays

Videos
What are sympathy plays?

Something that is played on the news headline based on the initial news coverage.

Example: If Google releases completely new algorithms that other search engines can use, it will benefit other search engines such as Yahoo and BIDU, while hurting other companies like newspapers and print companies.

– The sympathy play is to buy the Yahoo or the BIDU. The reverse manner would be to short sell the newspaper or print companies.

– The reason you do this is because typically Google’s news would get released first. If you miss the move, you can play the other search engines. Those take a long time to catch up to the original news.

– The same can happen with the oil and gas industry. If oil companies benefit from news, their stock will go up in price. You can play the opposite of that and focus on solar and energy companies, which might be going down in value.

– Sympathy plays are important to look out for because they have already digested the original news.

#stocksympathy #relatedstocks #similarstocks #tradingstocks #sympathyplays

Posted at: https://tradersfly.com/blog/stock-sympathy-plays/

πŸ’Œ Newsletter & Announcements : https://tradersfly.com/go/tube/
🎁 Discord Group: https://tradersfly.com/go/discord/
πŸ”₯ Freebies: https://tradersfly.com/go/freebies/

πŸ‘€ Start Here: https://tradersfly.com/go/start/
πŸŽ‰ Options Basics: https://tradersfly.com/go/start-options/

ONE-ON-ONE COACHING & MENTORING :::
⚽ Coaching: https://tradersfly.com/go/coaching/
πŸ† Options Mentoring (4+ Months) https://tradersfly.com/go/mentoring/

PRODUCTS ::::
❀ Courses: https://tradersfly.com/go/courses/
πŸ“š Books: https://tradersfly.com/go/books/
πŸ“ˆ My Tools: https://tradersfly.com/go/tools/
πŸ’» My Equipment https://backstageincome.com/go/computergear/

πŸ’Œ SOCIAL MEDIA:
https://tradersfly.com/go/twitter/
https://tradersfly.com/go/facebook/

πŸ’– MY YOUTUBE CHANNELS:
TradersFly: https://backstageincome.com/go/youtube-tradersfly/
CriticalCharts: https://tradersfly.com/go/criticalcharts/
BackstageIncome: https://backstageincome.com/go/youtube-bsi/
MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/

🌐 WEBSITES:

Home Version 2.0

Home Page


https://criticalcharts.com

Home

Homepage 2.0

Home

πŸ’Œ SOCIAL MEDIA:
https://tradersfly.com/go/twitter/
https://tradersfly.com/go/facebook/

πŸ’– MY YOUTUBE CHANNELS:
TradersFly: https://backstageincome.com/go/youtube-tradersfly/
BackstageIncome: https://backstageincome.com/go/youtube-bsi/
MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/

πŸ“‘ ABOUT TRADERSFLY
Tradesfly is focused on me sharing my experience and knowledge about trading options. Although we include videos related to other areas of trading, the primary focus is trading options. If you are serious about learning to trade options for selling premium, creating spreads, be sure to subscribe to the channel and join our discord group.

πŸ›‘ DISCLAIMER
All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.

Articles You May Like

43 TIP: Oil and Stock Market Conditions in 2015 (Summer)
Your Two Minute Earnings Preview for Alcoa (AA) Stock
411 TIP. How the Federal Reserve Broke the American Economy w/ Christopher Leonard
Plug Power (PLUG) Skyrockets 30%: Here’s Why
Technical vs Fundamental Analysis When Trading Penny Stocks