Tuesday, July 16, 2024

♟ A Hotel Stock with a Squeeze

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"I can't go buy extended names when the indexes are extended."

Nate Bear, Lead Technical Tactician, Monument Traders Alliance

After looking at today's SPY, we need to be kind of careful.

The indexes are extended, so I'll be looking at only the best setups on the S&P 500.

And I just found one I really like with a trend, pattern and squeeze.

Click the image below to see exactly how I'm trading it.

Why I'm Not Trading APPL...
 

Set Your Alarm for 4:01 P.M.

4:01
 

When the closing bell rings... most traders end their day...

But ONE group makes one simple trade AFTER 4 p.m...

For a chance at overnight gains as high as 157%.

(One just locked in a 157% win!)

Learn The Secret LIVE Wednesday, July 17 at 2 p.m. ET (Mark Your Calendar)

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YOUR ACTION PLAN

Marriott (MAR) has an A+ daily chart setup per my S.A.M. scanner. Using the 8/2 $250 calls, here's the trade plan. I'm looking for entry between $240-242. Important: We'd want to take this trade off BEFORE earnings on 7/31 before market open (meaning we'd need to sell no later than 7/30 by the close).

Marriott (MAR) chart

(Click to enlarge)

With earnings season getting underway, I'll be looking for more trades like these AFTER earnings in Profit Surge Trader. I have a 74% win rate with these trades in 2024.

Click here to see how my "One Ticker Payouts" service generates multiple trading opportunities with potential gains as high as 2,614% in under 11 days!


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TESTIMONIAL TUESDAY

"OXY in 6 c @2.57 out 6c @3.20 (24.5% gain in less than 24 hours) = $378. Thank you BB."
- Gunner

"In (NEM) 1.31 out .77 (41.2% return on capture in 21 trading days) – Nice trade Karim."
- HeyJT

"HIMS In Jul 19 21 calls @.98 Out @ 2.00 (104% in 1 trading day). Thanks Nate for a double."
- tlee9999


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Can These Markets Keep Going Higher?

Investing Wizard Who Turned
$37K Into $2.7M in Just 4 Years
Makes His Next Big Move

Nate Beat - Play button
 

He started from nothing and became a multimillionaire...

He's now one of the most sought-after trading experts...

Yet he operates 858 miles from Wall Street.

And now, he's revealing his No. 1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.

SEE THE PROOF HERE
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