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.
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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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