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Here’s how one trader is hedging against selling pressure in the market

Stocks sold off on Tuesday, with Apple dragging down the Dow after the tech giant said the coronavirus outbreak would likely depress revenue. But, thanks to a rotation into more defensive sectors — which typically occurs as interest rates fall — and a Federal Reserve that Gordon describes as “on hold,” the technical analyst wants to make a trade in TLT 20+-year Treasury Bond ETF to also hedge against selling pressure.

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