| | Hey there, Brandon Chapman here. | Earlier today on the Market Movers Pre-Market Show with Garrett Baldwin, I had the chance to break down the current market environment, discuss key trade setups, and highlight some crucial moves happening in the markets. If you're following closely, you know this isn't a time to sit on your hands—it's a time to capitalize on volatility. | Here are three stocks I'm watching closely right now, plus a preview of what we'll be diving into during Ghost Prints Live tomorrow. | 1. General Electric (GE): A Potential Short Opportunity | | | | GE has been on my radar recently, and not for the reasons you might expect. The stock has been stair-stepping lower, with clear lower highs and lower lows—a classic technical setup signaling potential downside. | With GE breaking below its 20-day moving average and testing levels near its 200-day moving average, I see this as a prime short candidate in the near term. Utilities and renewables are under pressure, and GE seems to be feeling the heat. | How I'm trading it: | | 2. XLF: Financials Under Pressure | | | | The financial sector has been a hot topic lately, especially with large institutional players buying significant amounts of puts on the XLF ETF, which tracks financial stocks like JPMorgan and Bank of America. | Yesterday, we saw heavy put activity in the March 28th expiration, signaling potential downside for financials in the near term. Combine that with macroeconomic uncertainty, flattening yield curves, and pressure on banking reserves, and you've got a recipe for volatility in this space. | My trade:
I'm holding a 50/48 put spread on XLF for May, targeting roughly a 70% return if financials continue to falter. | 3. Albemarle (ALB): A Dividend Aristocrat With a Twist | | | | Albemarle, a key player in the lithium space, is an intriguing setup. While the company has faced challenges recently—negative cash flows and declining profitability—analysts are projecting a significant rebound in 2024. | What's even more interesting is the issuance of $2 billion in preferred stock to navigate its current rough patch. The stock could present a longer-term buying opportunity as it potentially comes out of this bottoming process. | Why it's on my radar: | Positive revisions heading into next year. Potential for a bounce back in profitability, making it a solid dividend play for patient investors.
| What's Next? Dive Into Ghost Prints Tomorrow | Tomorrow at 10 AM ET, join me and Don for Ghost Prints Live, where we'll break down the "unseen" signals driving the markets. Whether it's institutional prints, short squeezes, or the hidden flows behind big moves, I'll show you how to spot and leverage these opportunities. | We'll cover: | How to interpret large institutional option activity. The mechanics of gamma squeezes and short squeezes. Real-time trade setups and actionable ideas.
| 👉 Click here to register for Ghost Prints Live | This is the kind of market where you want to stay sharp, stay flexible, and above all, stay informed. | I'll see you tomorrow at 10 AM ET—don't miss it. | —Brandon Chapman, CMT | | |
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