Tuesday, May 30, 2023

♟ Don't Chase the Market Highs This Week

Trade of the Day Logo

View in browser

"Be careful on the long side and look for consolidation."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

We've seen a strong rally over the past week, driven by artificial intelligence (AI).

But now I'm paying close attention to the Invesco QQQ Trust (QQQ).

Based on its current level, we shouldn't continue to chase the highs.

Yet the market still has some momentum, and there's a pick I'm looking to get in on this week.

I go over exactly what it is in today's video.

Click the image below to watch it.

A Potentially Profitable Pullback Pick
 

$30 Trillion Debt Bill Is Now Due

Big bomb of money
 

For decades... politicians have racked up huge debt with no thought of the future.

Now... the bill is due.

It's unleashed a financial storm called "America's Reckoning"...

Discover Why You Must Prepare Before June 2 (CLICK HERE)

Logo

YOUR ACTION PLAN

I'm looking to potentially get in on the Costco (Nasdaq: COST) July 21 $535 calls on a pullback between $495 and $500. You'll see in the chart below that there's a beautiful weekly squeeze with some positive momentum.

Costco

(Click to enlarge)

P.S. If you want to follow along and see exactly when I get in and out of these trades in real time, I invite you to join me in Daily Profits Live. I started this service with a mission to turn $37,000 into $1 million in verified trading profits, and I don't plan on stopping until I get there. Earlier today, I closed a massive 400% winner on an AI play (in five trading days).

If you want to get in on the action, click here to join me.

252% in 4 Days... 2,250% in Just Over 2 Weeks?

Ignore
 

Ignore the Noise...

And FOLLOW THE MONEY!

Discover the Insider Matrix (For a Limited Time ONLY)

Trophy

TESTIMONIAL TUESDAY

"URBN home run 'hitta.' In at $1.75, out at $5.67 for a 224% (overnight) gain - wish I did even MORE contracts on that one! Thanks, BB."
- TKETIMMY

"Buy USB 500 at $15.19 and sell at $16.57. Net gain $690 (in 16 trading days). TY, KR, for an excellent call!"
- Lance

 

INSIGHTS YOU MAY HAVE MISSED

Oil Engineer

♫ "Grab a Blue Chip, Kip" ♪

Burning Money

I Blew Up a $10,000 Account... 3 Key Takeaways for YOU

Watch This Indicator During Debt Ceiling Drama

A Crucial Indicator as Debt Talks Continue...

Hands Representing America and China Reaching for Lithium

China Is Risky... but There's a Way to Play It

Instagram

Follow Us on Instagram!

FACEBOOK

TWITTER

 

No comments:

Post a Comment

Top 4 Stocks About to Reach Their 52-Week High

A 52-week high is a technical indicator used by some of the world's top traders and investors to determine the current and...