Phil Davis trade ideas: Barrick and Pfizer
Phil Davis looks back at how his trade idea for investing in Barrick (ABX) has played out over the past several months and lays out a new trading idea how investors can capitalize on pharmaceutical giant Pfizer (PFE).
Phil talks about ABX, gold, hedging against inflation, stocks, the Money Talk PSW portfolio, IBM and Macy's (both good for new trades), the kind of trades we like to be in using options, the stock market, and a new options trade for Pfizer (it's not too late!).