Wall Street stocks ended Friday’s trading session in the red.
On CNBC’s “The Final Call”, Carter Worth suggested owning gold, silver and gold miners “in any portfolio.”
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Mike Khouw said, “I like vertical call spreads in some of the retail names including also discretionary.” He named Nike Inc (NYSE:NKE) as an example. Khouw also recommended to hedge bets in FedEx Corporation (NYSE:FDX) also with vertical call spreads.
NKE, FDX Price Action: shares of Nike lost 2.36% to end Friday’s session at $105.95, while FedEx’s stock settled 0.79% lower at $171.72.
