The market is in a holding pattern waiting on inflation data and Scott Bauer came to Schwab Network’s Big Three with a clear game plan. He walked through three trades spanning Intel (INTC), a beaten down chip giant, Uber (UBER), a ride share name running into resistance, and Apple (AAPL), where he is making a contrarian bet against a fresh downgrade.
Scott covers:
- Why Intel (INTC)‘s selloff on its new stock offering is exactly the kind of setup he looks for
- The level in Uber (UBER) that has him feeling cautious despite the recent rally
- Why he is fading the Jefferies downgrade on Apple (AAPL) and selling a put spread into it
- His read on what the inflation data this week could mean for rate expectations



