Finding Opportunities Behind the Nvidia Craze

While everybody was looking at the tech stock's earnings, I was looking to zag ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

"Nvidia was a big announcement, but there were other trading opportunities." Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance Nvidia was the talk of the markets yesterday, and traders were "wait and see mode." Since traders were on edge, I was looking to move quietly into other positions. Ones that stood a chance to make a move that day. One of those movers was General Dynamics (GD). GD was on my watchlist for one key reason – it was nearing the end of its 5-day pullback. And in The War Room, I called for a potential bounce early on. As you'll see in the chart below, the stock gave us that bounce shortly after. This is the power of knowing when a stock is at the end of its pullback. Even when there's a big earnings announcement like Nvidia, it's important to focus on the other trading opportunities that could arise. And this dip buy on GD was one of those opportunities. Zero Day Options Trade LIVE Tuesday, September 3 at 2 p.m. ET! When The Gov't Drops Economic Reports... This One Trade Could Have Made 253%... 327%... Even 383% gains... Enough for overnight payouts of $25,300... $32,700... heck even $38,300! Discover The Zero Day Loophole (BEFORE Tues at 2 p.m. ET!) If you recall last week in the watchlist, I tracked a similar dip buy play on Chevron (CVX). I noticed Chevron hit its support level, and I got positioned on a dip buy that led to a 22% gain in just over one hour. Action Plan: With General Dynamics recently hitting the end of its recent 5-day pullback, I'll be tracking the stock today for a potential trade on another pullback in The War Room. If you want to start getting live trading alerts on potential trades like GD in realtime, I invite you to join me. Last week I closed 8 of 9 trades for a 89% win rate, including a 41% winner on TJX in 1 trading day. Click here to unlock The War Room and get more real time trading alerts today. 0DTE Could Skyrocket Immediately After "American Earnings" Release Get The Urgent Details Here Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 Website | Privacy Policy Keep the emails you value from falling into your spam folder. Whitelist Trade of the Day. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.