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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Friday: noon ET Kane is joining me for the VIP Room today! I’ll also share a great lesson about mind traps, top defensive sectors, rising volatility, a red alert in homebuilders and bonds, fast-moving alpha stocks and critical levels for the afternoon — including options! Election Jitters or Opportunity? Why Today’s Gap Down Could Be Great for Entry Points Stocks are down almost across the board in a market with very low volume as we gear up for the Nov. 5 general election. But the news about a gap-down open is it often presents opportunities to go long the strongest stocks. In fact, the S&P 500 (SPY) — where we’re at the eight-day exponential moving average — looks to have bottomed out around 5 a.m. and it’s steadily come higher. There’s a similar setup in the Nasdaq 100 (QQQ), and this is all based on global markets. As soon as earnings started reporting, things began to turn around in the last couple of hours. So things aren’t looking too bad this morning, though, the Dow is lagging the most. Aside from the Richmond Manufacturing Index, we don’t have much in the way of Fed data today. Crude oil is starting to come back up after more drama in the Middle East, but I don’t see any stocks to trade up or down just yet. If we break $68.60, I would start shorting, but I’d go long if we break above the 50-day moving average. Gold is looking great at all-time highs and the VIX is rising… THE ‘2024 ELECTION SUMMIT’ A Final Quarter Market Outlook Event With 2024 nearing its final mark… I invite you to join my critical Final Quarter Market Outlook at 1 p.m. ET on Oct. 23! The last time I went public with big predictions like I plan on sharing that day Not only did I nail them… But everybody who listened had a chance to make a lot of money! Like back in December, I predicted Nvidia would be the top-performing stock of 2024… And it’s up 190% in less than a year! With the right options, traders could have made a killing! Don’t miss my next batch of predictions for the final months of 2024… Stated results are from hypothetical options applied to real published trades from 10/30/23 - 10/21/24. The result was a 95.75% win rate on 259 trades, an average return of 12.3% including winners and losers and average hold time of less than 24 hours. Performance is not indicative of future results. Trade at your own risk and never risk more than you can afford to lose. 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE:
JOIN US HERE: http://rogerscott.com/viproom CUSTOMER STORY OF THE DAY I’m a newbie in options trading, and learning the ropes was costly when I started. That all changed when I stumbled onto Roger Scott’s Trading Pit and his other programs, including Stealth Surge. I’ve taken every trade he’s recommended, and while I can’t cite exact metrics, I can confidently say Stealth Surge consistently delivers. Roger is an incredible mentor, always available for questions, and genuinely invested in his community’s success. If you’re looking for reliable strategies, Stealth Surge is affordable and highly profitable for me! — Stephen Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
*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. The TradingPub 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 |
It happened in 2000... it happened in 2008... it happened in 2021... and now... the great NVIDIA collapse of 2024 is coming. I...
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