Last week, in the heart of the banking turmoil, we hit a 38% intraday winner on Charles Schwab (SCHW).

How did we do it?

The trade was simple.

You see, the stock displayed a crystal-clear “W” formation – and we played it in real time.

Did you miss this formation?

You weren’t alone.

In fact, CNBC showed this “W” pattern live on TV – and they didn’t even realize it.

This pattern is so profitable, I wanted you to clearly see it.

So I took a picture of my TV and drew the “W” for you.

Check it out below…

As soon as I saw this pattern trigger, I issued a trade.

Here’s what my members reported making…

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“Held the SCHW overnight. In at $9.20 Out at $15.10 for a +66% gain. Love those kinds of numbers! Thank you Bryan!!” – RickR

“SCHW STC Mar17 50C $10.84, in yesterday $3.30 for +228% [overnight]…thank you two times over BB!” – Steve5

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Now, when it comes to SCHW, here’s what I found interesting…

While I was taking a quick winner, Karim was also tracking the stock – and using his own strategy to get positioned for a winning trade.

While I was trading the “W” pattern, he was following insider buying.

He posted this in The War Room on Friday: “Schwab President just filed insider buy.”

And he also gave a more detailed explanation:

“Charles Schwab reports $16.5B in core net new assets over past five trading days. SCHW Charles Schwab announced it has seen ‘strong’ inflows from clients over the last week. ‘Over the past five trading days of 3/10/23-3/16/23, clients have continued to bring assets to Schwab, with approximately $16.5 billion in core net new assets for the week, demonstrating the trust clients place in Schwab. Charles Schwab remains a safe port in a storm, driven by its conservative balance sheet, strong liquidity position, and diversified base of over 34 million account holders who invest with Charles Schwab every day. We are confident in our approach and in our ability to help clients through all kinds of economic environments,’ the company stated in a press release.”

YOUR ACTION PLAN

As the Fed has been running its hawkish mouth – and people in Silicon Valley have been lining up outside of banks to make sure their money is safe – the markets have been going haywire. But as you’ve seen, we’ve been guiding our members through the turmoil to hit winners. When it comes to Charles Schwab (NYSE: SCHW), the play remains very fluid, and the opportunity to get positioned remains very strong. If you want to join our elite group of traders and see opportunities that nobody else sees – even when they’re right in front of their eyes in plain sight – then the first step is to join Trade of the Day Plus. Join today, and Karim will give you a full breakdown on SCHW in his newest alert this Wednesday. Is it time to buy? If so, at what price? Join today, and you’ll get all the details on Wednesday afternoon.

Join Trade of the Day Plus today!

MONDAY MARKET MINUTE

• More Bank Fallout. With Swiss bank giant UBS agreeing to buy its struggling rival Credit Suisse for about $3.2 billion, I’m using put trades in The War Room to get prepared for another potential bailout (oops, I mean acquisition).
• Fed (Again) on Wednesday. Just when you thought it was gone, the Fed is once again set to give its latest policy decision on Wednesday afternoon. Wall Street will be closely monitoring how Fed Chair Jerome Powell sets the agenda for the coming months.
• PepsiCo on a Run. As turmoil rises, consumer staples tend to outperform. That’s why we moved into PepsiCo (PEP) last week in The War Room. Over the past five days of banking bubbles, Procter & Gamble (PG) gained 4.1%, Colgate-Palmolive (CL) gained 1.2%, Mondelez International (MDLZ) gained 2.3% and PEP gained 1.8%.
• Arrowhead Up in Premarket. Arrowhead Pharmaceuticals (ARWR) gained 3% after the FDA granted “Fast Track” designation to ARO-APOC3, a treatment to reduce triglycerides in adult patients with familial chylomicronemia syndrome.
• Eyeing American Express. Another name to buy during this financial pullback could be American Express (AXP), as the credit company has filled the gap at $153 and could be ready to bounce.