How I’m Trading an Emotional Week

The Fed’s last big announcement of 2023 is coming tomorrow.

This should trigger some emotional reactions, which will likely be reflected in the markets.

I go over exactly how I’m trading this catalyst in today’s video.

Plus, there’s a tech stock that’s been on my radar.

Click the image below to see my latest trade setup.

A Tech Stock With A Squeeze

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YOUR ACTION PLAN

As you’ll see in the chart below, Alphabet (Nasdaq: GOOGL) has a weekly squeeze and a strong setup for a run into earnings. I want to buy the GOOGL February 16, 2024, $135 calls. Note that GOOGL’s next earnings announcement is scheduled for February 1. I’m not looking to hold the position through earnings. Rather, I’m looking to capture a run higher into earnings based on the weekly squeeze and the chart setup.

Alphabet (GOOGL) chart(Click to enlarge)

If you want more trades like this, I recommend joining me in Daily Profits Live. Last week I won on 10 out of 12 trades for an 83% win rate. These wins included a 61.67% return on PDD Holdings (PDD) in less than one trading day.

Ready to start seeing these trades in real time? Click here to join 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.


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TESTIMONIAL TUESDAY

“COST, in at $1.38, out at $3.50 [153.6% gain in one trading day]. Thanks Nate!”
– ThomasP

“On the put side, in [ORCL] at $3.05 out at $9.84 for $677 and a 221.7% winner. Thank you Bryan, another great call!”
– Dino