The Road Map to All-Time SPX Highs
August was a down month for the indexes.
But in today’s video, I go over exactly how the market could see an uptrend by the end of September and carry that momentum to all-time highs by the end of 2023.
I also have a fresh trade setup for you, and I answer your questions on call debit spreads, McDonald’s (MCD) stock and IBM‘s (IBM) latest breakout.
Click the image below to get my latest intel.
YOUR ACTION PLAN
Marriott International (Nasdaq: MAR) has a classic TPS setup. As you’ll see in the chart below, there’s a clear uptrend, a pattern and a squeeze. I’m looking to get long off the $200 level if possible. My plan is to buy the MAR October 20 $200 calls and sell the MAR October 20 $210 calls against them. This will create a call debit spread, and I’d like to pay somewhere between $2.50 and $3.50 for that spread.
If you’d like to start making trades like this alongside me in real time, I recommend you check out my latest service, Profit Surge Trader. In this service, I trade just ONE TICKER over and over again for maximum potential gains.
Click here to start unlocking multiple trades on ONE TICKER each month.
P.S. Today I covered MCD stock, IBM’s breakout and call debit spreads in my latest Q&A. If you have any other tickers you want me to cover with my TPS system, email me at feedback@monumenttradersalliance.com, and I’ll let you know my thoughts on a few of them.
TESTIMONIAL TUESDAY
“Great way to start the day. In [ORCL] at $5.06 and out at $14.00 — a 176% winner [overnight]! Thanks Bryan.”
– CHARLESH
“ORCL In at $2.92 Out at $14.66 = 401% [overnight]. Thanks BB.”
– BADGER_B
“In [ORCL] at $2.93 out at $14.50 that is a 395% profit [overnight]. When combined with the loss on the calls +143% – on 10 contracts profit of $8,538 – FABULOUS call Bryan. This trade brings my trading into the green.”
– VT Dude
To learn more about how you could double your money overnight, click here.
More from Trade of the Day
This Ratio Is Signaling Big Profits
Sep 18, 2024
Sep 17, 2024
Exactly How to Trade the Fed This Wednesday
Sep 16, 2024