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ETFs to Use to Trade the Airlines | Auto Industry | JETD | JETU | CARD | CARU | Quick Take
Today, in this [ETFs to Use to Trade the Airlines | Auto Industry | JETD | JETU | CARD | CARU | Quick Take] video , we're focusing on the airline and auto industries, specifically the leverage long and short options available. So, first up is the short option, JETD, which we found due to its double bottom pattern on 9/20. This ETF has been trending upwards and might be a good option for short-term traders who want to take advantage of any dips in the airline industry. And as a match to this short option, we also discovered jet U, the leverage long ETF for airlines.
But that's not all, we also found some other interesting options in the auto industry. For shorting, we have CARD, which tracks the Prime Auto Industry Index, and for going long, we have CARU. Both of these also have some great risk-reward profiles, with CARD having a risk-reward of over 2.
Now, you may be wondering, how can you access these ETFs? Well, we've added them to our Research tab in our ETFs Google sheet, so you can easily compare the up and down trends of the airline and auto industries.
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CHAPTERS
00:00 - JETD | JETU | CARD | CARU
07:01 - BeachBum Trading Sites
07:49 - Discord Invite
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#Airlines #autoindustry #etfs
REFERENCES
Weekly Trading Game Plan Notes for 9/23 – 9/27/24 - Part 2 https://docs.google.com/document/d/1z5H-Dr0qxOq76P0sL0KElajgYQkn_74O2G3klAZ1ang/edit?usp=sharing
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