TER:NASDAQ - TERADYNE INC - S&P 500 and 20% swing trade?

Teradyne along with Etsy and Catalent was added to the S&P 500 index by the committee effective Sept. 21. Just looking at the chart it looks like it was comfortably pushing the $90 mark before the big tech stock correction. Entry into the S&P 500 will mean a bunch of ETFs and funds will be looking to add it to their collections so could further help its chances of a move up. Ive put an alert in at $78, but could equally place a stop-limit order to take a position if it heads in the right direction. Might get shaky up around that $90 mark. Be interesting if the index addition can push it through that level or not. Need to take into account the wider market volatility too of course and hope we dont correct again after this recent bounce. Worth a look.

Note

Hasnt done a whole lot in the second half of the month. I havent taken a trade but still on the watch list.

zAngus

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zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus

Also on: