Friday, May 24, 2024

Sell In May and Go Away…?

what the numbers say about seasonality
 
   
     
JEFFRY TURNMIRE’S MORNING MONSTER
What The Numbers Say About Seasonality
 
 
 

The 3rd week of May typically kicks off the common adage "sell in May and go away"… It’s all about seasonality… But how does this year — an election year — compare to normal seasonality?

Tune in to find out what stocks are moving today — and listen up as Jeffry calls out his highest-conviction trades for the day!

 
 
Watch today’s Morning Monster Now!

P.S. Click here to subscribe to Jeffry’s YouTube channel completely FREE — and you’ll never miss another episode of Morning Monster again.

 
 
 
Markets CLOSED on Monday, But…

But one trader knows that long weekends can supercharge certain trades.

And this trader has had massive success placing trades on Friday and coming back after the weekend to some huge winners.

This Memorial Day weekend, he wants to give you 3 simple trade ideas that could skyrocket over the weekend!


Click here to claim the trades!

 
 
TURNMIRE TRADING NEWS MINUTE
Top 3 For NVDA
 

Nvidia (NVDA) released another gangbusters earnings report after yesterday’s close, beating out the estimates of even the most optimistic bulls.

Curiously, this sent the stock tumbling momentarily, before sending it soaring as much as 13% after Thursday’s market open.

 
 

The move sent Nvidia surging past Google parent company Alphabet (GOOG) to claim the number 3 spot among the most valuable companies by market capitalization.

As of now, only Apple and Microsoft stand in its way as it targets the #1 spot.

The company also announced a 10-for-1 stock split, giving shareholders 10 shares for every 1 share they currently hold.

But not — it’s not a free giveaway — the new shares will be worth 1/10th the value, so it’s basically an even swap.

Companies generally do stock splits to make the shares more accessible to retail investors and retirement funds.

So all great news, right?

Well, don’t break out the champagne yet…

Jeffry has been beating the drum about the parabolic action that NVDA has been experiencing recently.

It’s an eerily familiar pattern that tends to unwind just as quickly as it came, as you can see in the charts below.

 
 

Even Cisco (CSCO), the Dot Com Boom darling, went through a similar phase in the late 1990’s and even now — nearly 25 years later — hasn’t come anywhere near its $80 peak share price.

It’s a stark warning to temper the celebratory atmosphere of Nvidia’s latest accomplishment.

See Jeffry’s full NVDA analysis on yesterday’s Morning Monster right at the top of the show.

— The Jeffry Turnmire Trading Team

 
 
TURNMIRE’S TOP TRADERS
Changing Lives — One Trade At A Time
 

Recently, Jeffry hosted a webinar showcasing his custom-built VVD indicator.

But before the show got started, viewer Randy wanted to let everyone know — in no uncertain terms — what he thinks of Jeffry:

 
 

It’s feedback like this that keeps Jeffry going.

He loves helping folks and hearing that someone credits him with changing their lives brings him a tremendous thrill.

Thanks for the kind words, Randy!

If you missed yesterday’s webinar, be sure to click the image down below.

It’s one of the core tools Jeffry uses to spot many of the trades he shares in both his paid programs — and his free Morning Monster program.

— The Jeffry Turnmire Trading Team

 

 
 
   
 

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