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Another great day of trading all around! |
I hope you are getting your piece of it right now as well. |
Yesterday, I said that even though the market is still in a downtrend, I spotted a nice "Gamma Trigger" signal on QQQ and I decided to make a quick trade on it. |
Here is a shot of the trade in my account today… |
 | Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically. |
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I decided to close this before the market closed, so I didn't have to worry about any earnings events tonight or tomorrow. |
I don't even want to be in the market right now, so I saw that $3000 as a nice gift 🎁 and I want to make sure I don't lose it (I hope you would do the same!). |
I've said this a lot lately… don't get too comfortable on the long side of the market right now. |
We are still in a downtrend! |
Remember, the rug can get pulled again at any time — maybe even after some of the earnings come out tonight? |
I don't have to worry about that because I locked in my profits and told all of my Alpha Hunter subscribers as I made and exited the trade. |
I also started a new trade on ERX, which is my favorite way to play oil stocks. |
I shared this trade today as well in Alpha Hunter, and I wanted to show you what I am looking at on the chart for it right now… |
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Oil stocks surged significantly over the last few months. They cooled off for a couple of weeks, and I have been waiting for a good time to jump back in. |
Well, my lovely Gamma Trigger (circled above) told me a few days ago that there is a good chance the trend is about to resume, so I got started on a new position today. |
I explained this trade in detail to Alpha Hunter subscribers, of course, so make sure to watch the video lesson or read the email and app alerts for details on this if you missed it (sorry, members only). |
This is a tough market to trade in right now. You need to respect the market downtrend right now, and not try to fight it too much or too long. |
There are not a lot of great trades to be made to the long side right now, so be very selective when you do and make sure you have a good trade plan in place before you ever get started. |
When it comes to new stock ideas… I've got you covered! |
Tomorrow, I want to revisit a stock that was a big hit a few weeks ago. |
Like most stocks, it has traded lower lately but just started to come off the oversold levels. |
I think there is a good chance this stock can be a big winner no matter which way the market goes tomorrow. |
It trades around $3 right now, but we've seen it trade over $5 not too long ago, so I think the upside could be substantial from here. |
This isn't your typical "penny stock," either. |
This company reported over $23 million of cash in the bank and very little debt. |
They are trying to solve a very complex problem that affects nearly everyone today in one way or another. |
It's a special trade idea, and I know you're not going to want to miss this one. |
So, make sure you check your inbox bright and early before the market opens to get the full scoop on it! 📬 |
Trade safe, and have a great night. |
I'll be back first thing in the morning! |
To Your Success, |
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👊 By the way, if you are NOT getting our mobile text alerts – text "RAGE" to 1-(888) 404-5747 to get all of our latest HOT STOCK ideas delivered right to your phone (make sure you put the "1" at the front!). Don't miss out! |
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