Prosper Trading Academy CEO's Delta Air Lines Trade

Scott Bauer from Prosper Trading Academy discusses the current market trends, focusing on the stock rally, oil market, and VIX. He predicts a potential sell-off in the S&P 500 due to upcoming earnings reports. Bauer is bullish on the financial sector, expecting significant trading revenues for major banks. He also shares a trade strategy for Delta Airlines, involving a put spread ahead of their earnings report.

What is the current state of the stock market rally according to the speaker?

• The rally is unaffected by oil prices.

• The rally is gaining momentum.

• The rally is showing signs of fatigue.

• The rally has ended abruptly.

What is the speaker's outlook on the financial sector as the earnings season begins?

• The speaker is uncertain about financials.

• The speaker is pessimistic about financials.

• The speaker is neutral about financials.

• The speaker is optimistic about financials.

Which companies does the speaker mention as having significant trading revenues?

• JP Morgan and Goldman Sachs

• Tesla and Netflix

• Amazon and Facebook

• Apple and Microsoft

What trading strategy does the speaker plan to use for Delta Airlines?

• Buying call options

• Selling a put spread

• Short selling the stock

• Buying the stock outright

What recent news affected Delta Airlines' stock according to the speaker?

• American Airlines news

• Positive earnings report

• New CEO announcement

• Partnership with another airline