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The next two months are historically the most bullish of the year. Join me at noon ET on Sunday for my top stocks to target and more Eyeing this SPY Level for a Dip Buy as NVDA Buzz Loses Steam Hey, Graham Lindman here… I mentioned Thursday that I was curious how long the Nvidia momentum would last, and it looks like that started coming to an end Friday… But this was to be expected. While one mega stock can push things higher for a day or even a couple of days, this market is overextended and due for a pullback after a rise of nearly 25% in the S&P 500 (SPY) since the late-October lows. That’s a LOT of movement in just four months! In the meantime, with things wobbling a bit and Bitcoin slumping, I’m feeling pretty good about moving my portfolio to ⅓ cash. Now, don’t get me wrong… I’m still bullish long term. But I’d really like to see a healthy pullback to give us some juicy entry points to put that sidelined cash back to work! I’m eyeing the $483 level in the SPY to start deploying some cash, and it closed right around $508 on Friday. That’s about it for this week. I hope you’re having a great weekend. If you have some free time Sunday afternoon, I’m hosting a special session to discuss the upcoming two months, which are two of the most bullish of the year! I’ll even hand out my favorite stocks for this stretch… You can go here to save your seat, and I’ll see you Sunday! Why August May Be the Best Time to Trade NVDA Most traders don’t know this but… Some of the BEST returns in stocks happen on a repeating, predictable calendar. Look at Nvidia, for example… Most folks think the best time to jump on Nvidia is when it’s heading into earnings… Or when the company launches new tech or when institutional traders are piling in. Now I’m not saying they’re wrong… I mean, I also anticipated Nvidia’s earnings announcement on Feb. 21. But my favorite time to actually trade Nvidia is in August. And it’s not because there’s some special news event that happens during that month. Rather, it has to do with the market anomaly that’s caused the stock to go up on Aug. 9, every year for the last decade… Graham Lindman Graham Lindman Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
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