Trade No. 2 – Nordstrom (JWN) Last week, Bryan Bottarelli took profits on the April JWN calls, and now he's itching to get back in. With the stock on a 3-day pullback, Bryan got positioned for any sort of takeover catalyst going forward. When you're looking for a catalyst trade, timing is everything. JWN has multiple months for the takeover catalyst to play out, and a motivated buyer (the Nordstrom family). Bryan isn't just buying a general market move here. He's positioning himself ahead of what could be a major corporate transformation. The Nordstrom family wants their company back, and they'll likely have to pay a premium to make it happen. This is exactly the kind of trade we love in Catalyst Cashouts, a limited downside risk trade with explosive upside potential. Action Plan: To receive all our live trade alerts in real time and access to our complete Catalyst Cashouts portfolio, I invite you join our weekly livestream next week. We've taken a lot of profits heading into this final month of 2024, with a 74% win rate on all our Cashouts trades. Click here to join us today. |
No comments:
Post a Comment