How I’m Trading an Emotional Week
The Fed’s last big announcement of 2023 is coming tomorrow.
This should trigger some emotional reactions, which will likely be reflected in the markets.
I go over exactly how I’m trading this catalyst in today’s video.
Plus, there’s a tech stock that’s been on my radar.
Click the image below to see my latest trade setup.
YOUR ACTION PLAN
As you’ll see in the chart below, Alphabet (Nasdaq: GOOGL) has a weekly squeeze and a strong setup for a run into earnings. I want to buy the GOOGL February 16, 2024, $135 calls. Note that GOOGL’s next earnings announcement is scheduled for February 1. I’m not looking to hold the position through earnings. Rather, I’m looking to capture a run higher into earnings based on the weekly squeeze and the chart setup.
If you want more trades like this, I recommend joining me in Daily Profits Live. Last week I won on 10 out of 12 trades for an 83% win rate. These wins included a 61.67% return on PDD Holdings (PDD) in less than one trading day.
Ready to start seeing these trades in real time? Click here to join today.
P.S. I love answering your questions. It’s the best and most rewarding part of my gig. If you have a ticker or chart you want me to break down – or just a general trading question – please email me at feedback@monumenttradersalliance.com. I’ll let you know my thoughts on a few submissions in a future video.
TESTIMONIAL TUESDAY
“COST, in at $1.38, out at $3.50 [153.6% gain in one trading day]. Thanks Nate!”
– ThomasP
“On the put side, in [ORCL] at $3.05 out at $9.84 for $677 and a 221.7% winner. Thank you Bryan, another great call!”
– Dino
More from Trade of the Day
Five Companies I’m Bullish on + My Top Q1 Strategy
Jan 17, 2025
Is Your Asset Allocation Right for You?
Jan 16, 2025
What the “Rule of 5” Predicts for 2025
Jan 15, 2025
How to Make 157% Overnight When Markets Crash
Jan 14, 2025