Trader's Take with BN's Vince Cignarella

Vincent Cignarella, a Bloomberg Macro Squad voice and former trader, discusses market trends and opportunities. He highlights the ISM's dip and its historical context, suggesting potential in stocks, Treasurys, and dollar yen. He advises on trading strategies, emphasizing a call spread for short-term gains. The discussion includes market analysis, focusing on the US economy's strength and the potential for continued trends.

What historical event is compared to the recent ISM index dip?

• The 2015-2016 quantitative tightening

• The 2008 financial crisis

• The 2001 dot-com bubble

• The 1997 Asian financial crisis

Which asset class is NOT mentioned as an opportunity in the first section?

• Stocks

• Gold

• Treasurys

• Dollar-yen

What is suggested as a strategic play for the dollar in the second section?

• Investing in gold

• Buying futures

• Call spread

• Short selling

What tool is recommended for pricing options in the second section?

• Bloomberg Terminal

• MetaTrader

• Yahoo Finance

• Google Finance

What is the old expression mentioned in the final section regarding the US economy?

• The early bird catches the worm

• A stitch in time saves nine

• In the world of the blind, the one-eyed man is king

• Fortune favors the bold