Tuesday, June 27, 2023

♟ No More Chasing Big Stock Waterfalls

Trade of the Day Logo

View in browser

"With a credit spread, I can get in on a trade without buying directional calls."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

After a long rally in which we saw several big tech stocks go up and up, we finally got a pullback over the past few weeks.

This is great.

Even with today's surge on the Nasdaq, stocks are at more tradable prices, and now we can get into some tech names on the long side without chasing the highs of tech whales like Nvidia (NVDA) and Apple (AAPL).

I go over one of these names in today's video.

Click the image below to see my latest trade setup.

A Tech Trade Setup With Upside
 

$1 Million Dollar "Super Income"
Challenge Update: +$79,487 In Month 1!

The expert who CNBC dubbed a "Market Maven" started the year with a unique "Super Income" challenge in 2023.

To start with a $1M stake… add up to another $1M to it as 'buy opportunities' present themselves… and make at least $1M over the next 5 years.

In one month, he was up $79,487!

But here's the best part: YOU are invited to follow along his every move…

[Join The $1M+ in 5 Years Challenge Now!]

Logo

YOUR ACTION PLAN

The Trade Desk (Nasdaq: TTD) has a very clean setup for my TPS system on the 195-minute chart. Right now I'm looking for a momentum shift in the squeeze. I'm also looking to buy the July 21 $75 calls on a pullback to about $74, which is the 21-day exponential moving average on the daily chart. If I get filled, I'll use a close under $72.50 as my stop, and my target will be a move toward $80.

The Trade Desk Chart

(Click to enlarge)

With the markets the way they are right now, I believe credit spreads will be the most consistent way to trade going forward. I'm aiming to use this exact strategy on some of the trade setups I'm seeing in Daily Profits Live. Last week I took a triple-digit winner on NVDA in seven trading days, and I'm currently on a mission to turn $37,000 into $1 million in verified trading profits.

Click here to get in on the action.

"Leaked" Fed Report Reveals Bombshell Admission...

If You Buy After the Opening Bell, You've ALREADY LOST

Experienced executive manager
 

Decades of Verified Data Shows the EXACT Time You Should Be Trading for +1,700% Returns Over Last 30 Years...

Don't Put Another $1 in the Market Until You Know About This "Secret Profit Window"

Trophy

TESTIMONIAL TUESDAY

"2 Contracts [of PYPL] out at $1.02, in at $1.60 for 55% win [in 49 trading days]. Thanks Karim!"
- Dave1st1ret

"Daily Profits Live trade - UPST Bought to open 7 Jul 31 calls at $1.75. Sold to close at $2.80 for a 59% overnight gain. Thanks Nate. Thanks War Room."
- Tlee9999

 

INSIGHTS YOU MAY HAVE MISSED

Chicago Board Options Exchange Pit

Real-Life Tales From the CBOE

Wooden Rocket with the Words Earnings Season

Earnings Season Is About to Pick Up

Nvidia

A Secret, Backdoor Way to Own Nvidia

Our Timing is Golden!

Our Timing Is Golden!

Instagram

Follow Us on Instagram!

FACEBOOK

TWITTER

 

No comments:

Post a Comment

Private investors pour $50 billion into booming sector… investment opportunity

Unstoppable megatrend driven by hundreds of billions in government spending ...