Mark your calendars for a crucial event this Thursday, August 22, at 2 p.m. EST. Bryan Bottarelli and Karim Rahemtulla will be going live on Monument Traders LIVE with essential information you won’t want to miss.

Why is this important?

Yesterday we found that US payrolls were revised down by 818K jobs.

To put it in context, the largest previous revision was -902,000 in 1991, during a recession!

And on Friday, September 6, a potentially explosive employment report is set to be released. This report could have significant implications for the entire market.

The last time we saw data of this magnitude, astute traders had the opportunity to achieve a remarkable 135.39% gain overnight. We have reason to believe this upcoming event could be even more impactful.

Don’t be caught off guard. Join us this Thursday as we unveil our exclusive strategy for navigating this high-stakes situation.

🚨 FREE Event Alert: “Bombshell Jobs Report” Live Trading Session 🚨

⏰ Thursday, August 22, 2pm EST

💡 Learn how to potentially profit from market-moving data

🔗 Click here to secure your spot on the guest list

This is your chance to stay ahead of the curve and potentially capitalize on this market-moving event. Don’t miss out!

-Ryan Fitzwater, Publisher

__________________________________________________

After a massive runup in the market the last two weeks now might be a time to be cautious.

And with Jerome Powell set to give a pivotal speech at the Jackson Hole Symposium on Friday, it’s best to stay light and be patient.

Now, let’s not get it twisted— I’m still scanning on the market looking for premium setups.

But I also want to be selective.

To help narrow down my focus I’m relying on the S.A.M. AI Scanner.

If you’ve been following along, I used it to spot an opportunity in Monday.com which I shared with you here.

Later that day I was able to book a 100% gain on my call options in less than 24 hours.

Today, I’m going to share another idea from my proprietary scanner.

This time it’s in Willis Tower Watson (WTW), a professional services firm that specializes in risk management, insurance brokerage, and human capital consulting.

The company reported strong Q2 2024 results in late July. Non-GAAP EPS of $2.55 beat estimates by $0.23. Revenue grew 6.5% year-over-year to $2.3B, surpassing expectations by $30M.

The company raised its 2024 outlook, increasing the low end of target ranges for Adjusted Operating Margin and Adjusted Diluted EPS. WTW also boosted its Annual Cost Savings target.

And on August 5th, it hit a high of $286.13.

However shares declined with the rest of the market during that quick market correction.

It has since bounced back and is now making another run at 52-week highs.

According to S.A.M., there is a fresh daily squeeze.

A fresh squeeze can signal a potential big move in a stock after a period of low volatility.

Think of it like a coiled spring – the longer it’s compressed, the more explosive the release.

In addition, there are bullish signals on various time frames including the 1-hour and 4-hour chart. As well as, stacked EMAs.

Stacked EMAs are when you plot several EMAs with different lengths (like 9-day, 21-day, and 50-day) on a price chart. These lines often appear “stacked” on top of each other.

The alignment and interaction of these EMAs help traders gauge market momentum and make trading decisions.

All in all, WTW checks a lot of the boxes we look at for a high probability long play.

Action Plan: I’m watching WTW for a potential long play. Options in the symbol are not the most active or liquid. So instead of buying straight calls I may even look at call spreads or even selling put spreads.

If I decide to make a move on this it will happen in my Daily Profits Live Portfolio, with the idea it continues to grind higher.

If you’d like to learn more about what and how I trade in Daily Profits Live, check this out.