All-Time Highs + a New Trade
As we approach the last full week of 2023, there’s potential for the indexes to reach all-time highs before 2024.
I’m not sure if we’ll get there this week, but I do believe it’ll happen by the end of the year.
In the meantime, I reveal a stock in today’s video that I’m likely going to trade today.
Click the image below to see exactly what I’ve got my eye on.
YOUR ACTION PLAN
As you’ll see in the chart below, TJX Companies (NYSE: TJX) is consolidating into a beautiful pattern and has a weekly squeeze. It also has earnings coming up, so I’m looking for a move higher. I’d like to buy the April 19, 2024, $85 calls in TJX while the stock is trading between $88 and $90, and I’ll target a move toward $100.
If you’d like to see how I trade tickers like this one over and over again for the maximum potential gains, I recommend checking out my latest service, Profit Surge Trader. Yesterday I closed a trade on Upstart Holdings (UPST) for a 20% gain in one trading day, and there’s still time to get in before my next monthly pick.
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
“Sold out of CRM today. In at $1.45 last week, out at $5.55! [282% gain in six trading days]. Thanks Nate!”
– RoyC
“I closed the 1 Shares/Contracts [of ORCL] I opened at $612.34 for $1045.25. Wow!!! What a play. Closed for a gain of $432.91 = 70.70% [in one trading day] AMAZING!!!”
– KatBR
“AMGN in at $3.80 out at $5.70! Profit 49% [in one trading day]. Thanks, Bryan!”
– Adezutter
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