Why I’m Cautious Ahead of Nvidia Earnings
The markets have been in rest mode this week as Nvidia’s earnings day approaches.
Since the AI giant could swing the markets depending on its results, I don’t want to get too aggressive with my trading.
Right now, I have a setup on a recent earnings winner. It has a bull flag, a squeeze, and now all I’m looking for is a shift in momentum.
In today’s video, I tell you exactly what I plan to do if I get that shift. Click the image below to get my latest trade.
YOUR ACTION PLAN
Carvana (CVNA) is an earnings winner with a very bullish chart and setting up with a 195min squeeze. Using the 6/21 $115 calls, I’m looking for entry near $115, stop on close under $110.
If you want more trade ideas like these, I recommend checking out Daily Profits Live. Last week I closed three winners, including a 78.57% gain on RILY in 4 days.
Click here to join Daily Profits Live and get all my trades in real time 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
“All in (WMT) @ 2.19 out @ 4.00.. nice 84% (overnight gain) TY @Bryan.”
– a747guy
“MNDY 5/17 230c in at .71, out at 1.30 +83% gain (in 1 trading day). Thanks Nate!”
– JerryT
“Out (of WOLF put sell) at 1.55, in at 2.00, +22% (in 90 days); thanks Karim!”
– Robert D5
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