Earnings Season is Here and I Love This Chart Setup
Editor’s Note: Earnings season just started, and over 100 S&P 500 stocks are reporting this week.
This is your opportunity to find dozens of potential winning trades opportunities.
And tomorrow during our “Chaos Cash” summit at 2 p.m. EST., we’ll be going over all the best trade setups using our Gift Gap Scanner.
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– Ryan Fitzwater, Publisher
Ever since Trump changed his tariff policy, the indexes have been operating within high or low or the market’s reaction to his decision.
I show you where I think the indexes could go in today’s video.
Plus, it’s earnings season, and I’m focusing on recent earnings winners.
I have one strong trade setup I believe could retest all-time highs off earnings.
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YOUR ACTION PLAN
Netflix (NFLX) is an earnings winner near all-time highs with bullish structure. I’ll be playing the 78 min chart for this one. Using the 5/9 $1050 calls, here’s my trade plan…
Entry as close to $975 as possible and not over $1000. Stop on close under $950. Target is $1064.
With earnings season coming up, I’ll be looking to target several more of these trades using my “Aftershocks” strategy. If you can wake up at 9 a.m., you can make this simple trade to take advantage of stocks that pop AFTER earnings.
Click here to see how I target gains as high as 300% using AFTERSHOCKS trades.
TESTIMONIAL TUESDAY
“I averaged out but this (DXD hedge) was a 100% winner (in 6 trading days). Thanks BB!”
– vince3939
“Thanks Karim. Out of EWG @3.70 for a 59% gain (in 5 trading days).”
– RickR
“AMZN 4/11 180C closed last one for 281% total profit (in 1 trading day). THANKS NATE!!”
– Ngold101
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