Don’t Chase the Market Highs This Week
We’ve seen a strong rally over the past week, driven by artificial intelligence (AI).
But now I’m paying close attention to the Invesco QQQ Trust (QQQ).
Based on its current level, we shouldn’t continue to chase the highs.
Yet the market still has some momentum, and there’s a pick I’m looking to get in on this week.
I go over exactly what it is in today’s video.
Click the image below to watch it.
YOUR ACTION PLAN
I’m looking to potentially get in on the Costco (Nasdaq: COST) July 21 $535 calls on a pullback between $495 and $500. You’ll see in the chart below that there’s a beautiful weekly squeeze with some positive momentum.
P.S. If you want to follow along and see exactly when I get in and out of these trades in real time, I invite you to join me in Daily Profits Live. I started this service with a mission to turn $37,000 into $1 million in verified trading profits, and I don’t plan on stopping until I get there. Earlier today, I closed a massive 400% winner on an AI play (in five trading days).
If you want to get in on the action, click here to join me.
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TESTIMONIAL TUESDAY
“URBN home run ‘hitta.’ In at $1.75, out at $5.67 for a 224% (overnight) gain – wish I did even MORE contracts on that one! Thanks, BB.”
– TKETIMMY
“Buy USB 500 at $15.19 and sell at $16.57. Net gain $690 (in 16 trading days). TY, KR, for an excellent call!”
– Lance
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