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Targeting 15% Upside in STLD with a 78% Win Rate, and the Market’s Next Move? As we wind down the last few trading days of the third quarter 2024, what might be the next move to come out of the markets? We have a new Personal Consumer Expenditures number coming on Friday, and the last trading day of Q3 coming up on Monday. Come join me as we dive in and see what is moving! Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. Also before we get to Wednesday’s Daily Chart Setup, here’s a previous signal in the Consumer Discretionary ETF (XLY) that I just closed out for more than a double… Not bad, right?! Well, I also have a video clip of me covering this trade when it first flashed a buy signal. Now for… Today’s Daily Chart Setup: Steel Dynamics (STLD) This idea came directly from my Daily Chart Setup that automatically signals potential plays.
This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. You can find full details on exactly how this works by scrolling down further in this newsletter. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And please hit that Subscribe button on my YouTube page! Check Out These ‘Micro-Move’ Gains What if I told you a tiny 0.25% move is all you need to be a fairly successful trader in today's market? Instead of following the herd of options traders trying to predict the next big market swing — which research has shown to almost always lose — you could do the direct opposite. Forget about looking for big moves. Instead, focus on the micro-moves — 1% or even less on underlying stocks — that could bring in up to 50% or more for your trades… all within 60 minutes. This is all thanks to a new CBOE-approved options type… That's so sensitive to price changes, it turns these tiny gains into big options moves. And the best part? We can target trades like this up to 10 times every single day. How the Daily Chart Setup Works 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! Please check out my channel and hit that Subscribe button! I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. Unsubscribe |
Every 4 years, after the day of the presidential election, a small group of stocks quietly begins to unleash explosive gains. ͏ ͏ ͏ ͏ ͏...
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