The volatile sentiment in the markets has traders worried right now.

However, in today’s video, I show you why I don’t think there’s any reason to be bearish about the major indexes.

In fact, I even show why the markets are consolidating to set up new all-time highs.

Plus, I have a new trade setup for you.

Click the image below to learn more.

YOUR ACTION PLAN

Advance Auto Parts (NYSE: AAP) has been oversold for a pretty long time, and it may have finally put in a solid base. We have a fresh squeeze on the daily chart, so I think AAP has a good chance to run higher into earnings, which are on February 12. I’m buying the calls that expire AFTER earnings because their implied volatility will stay elevated for longer.

(Click to enlarge)

For more trade ideas like this one, I recommend following me in Daily Profits Live, where you can see my trades happen in real time. Last week, I went 10 for 11 on my trades for a 91% win rate, including a 105.06% gain on Broadcom (AVGO) in less than 24 hours.

Click here to get access to the Daily Profits Live chat 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

“I held our MSFT Feb 16 $400 call. It hit my target today out at $9.85/ in at $5.45 [in 23 trading days]. Up 82% Thanks Nate Bear.”
– HeyJT

“I closed the 6 Shares/Contracts I opened at $2.20 for $2.45 [for an 11% overnight gain]. Good way to start the day. Thanks BB!”
– Steve5

“I closed the 2 Shares/Contracts I opened [on CLF] at $2.03 for $3.50. Freaking Happy New Year at 72% [in 246 trading days]. Thanks, Karim!”
– Cire S