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2 Trade Ideas for Monday Hey, Graham Lindman here… I’ll keep it short and sweet for today — since you guys love bonus trade ideas, I have something for you... I added some General Electric (GE) and Cava Group (CAVA) calls on Friday amid some strong bullish reaction in the market following Thursday’s late sell-off. These aren’t part of any of my trading strategies, just some extra trades I’m doing for myself on the side that I thought I’d share as a thank you for following along. Take a look at them on Monday and see where price action is at the open. You might even be able to get in lower than I did. If not, I would wait for a dip. GE: May 17 expiration, $160 strike CALL with shares closing just over $156 on Friday. GE with a moonshot target of $180 per share by earnings on April 23 — exiting by then or sooner. CAVA: May 17, $65 CALL with shares closing about 35 cents under $65 at Friday’s close. If you want these trades in real time, join my Telegram channel here: https://t.me/+abM5RWRJKrpkNWI5 That’s all for now… I’ll see everyone again next week! The S&P 500 has Been WEIRD Lately... As we delve into the financial landscape of 2024, the S&P 500's year-to-date returns are up about 10%. Yet amidst this impressive surge, some of the globe's premier tech stocks are struggling to keep pace. Consider Tesla (TSLA), Alphabet (GOOGL) and Apple (AAPL), for instance... As you can see, their performance has been underwhelming so far. Especially considering their former status as market powerhouses just a few months ago. In spite of this current predicament, my anticipation for April grows exponentially for three stocks in the Magnificent 7. And here’s why… My research revealed that these three dominant tech stocks have consistently been bullish in April. And when I say "consistently," I mean without fail for the past decade. And I believe this year will mirror past patterns! Obviously, I cannot guarantee future returns or shield you against potential losses. But I can promise to share the names of these three tech stocks… Graham Lindman Graham Lindman Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit thetradingpub.com/terms-of-service/ for our full Terms and Conditions. |
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In today's Masters Series, originally from the November 12 issue of the Chaikin PowerFeed e-letter, Pete details how you can identify ...
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