Tuesday, September 5, 2023

♟ Santa Claus Rally + A New Trade Setup

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"Right now I'm buying the index dips until we close back below the daily 21 EMA."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

September is here, and we could be looking at a Santa Claus rally to end the year.

In today's video, I go over the exact scenario in which the Nasdaq could reach all-time highs by the end of 2023.

Plus, I have a fresh trade setup I'm looking to get into.

You're going to want to see how I'm preparing for these next few months.

Click the image below to learn more.

Will Santa Claus Arrive in December?
 
Son of Police Officer
 
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YOUR ACTION PLAN

This Fastenal (Nasdaq: FAST) chart has all the green flags for a TPS trade: There's a strong trend, a pattern and a squeeze. I'm looking to buy the October 20 $55 calls anytime the price is near the daily 55 EMA (exponential moving average) of around $57, and I'll be looking for a run higher as we approach October 12, the company's next earnings date. Note that the all-time high is just overhead near $62 - I think that is a perfect target for this trade.

Fastenal Chart

(Click to enlarge)

If you want to start making trades alongside me in real time, I invite you to join my newest service, Profit Surge Trader. In this service, you'll learn my "One Ticker Payouts" strategy, which is my biggest moneymaking secret yet - all you have to do is trade ONE TICKER over and over again for maximum potential gains.

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P.S. If you have other stock tickers you want me to cover with my TPS system, email me at feedback@monumenttradersalliance.com, and I'll let you know my thoughts on a few of them.

ChatGPT Creating Chaos for Big Tech Companies
Google Declares "CODE RED!"

High-tech matrix
 

Google is frantically playing catch-up after the latest artificial intelligence breakthrough forced it to declare "Code Red" and bring back its founders.

Meanwhile, this expert believes one sub-$10 stock is in PERFECT position to soar as it powers the AI revolution.

Click here to see the urgent details >>>

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TESTIMONIAL TUESDAY

"This was a good one. In at $6.70 out at $14.70 on the [AMBA] strangle. Wish I had bought more! A 120% winner [overnight]."
- LesP

"In [CVNA] at $0.49 out at $0.28 for a 43% gain [in 22 trading days], thanks Karim!"
- Compact1450

 

INSIGHTS YOU MAY HAVE MISSED

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The Best Time to Sell Puts

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A 90% Success Rate Trading Options?

A New Global Trend

A New Global Trend

A New Trade Setup + Another Q&A

Why I'm Long on This Tech Stock

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