A lot of new members all tend to ask the same question… What is an overnight earnings strangle? To me, it’s one of the most powerful strategies we use at Monument Trader’s Alliance. Today, I’ll give you a clear and concise breakdown of how this trading tactic works – so you can start incorporating this profitable method into your daily trading arsenal. To start, the primary element of the strategy involves an options trading position called a “strangle.” A strangle is a trading strategy that’s used if you think the underlying security will experience a large price movement in the near future ..read more

Editor’s Note: Did you claim your free benefit? Earlier this week we launched our brand-new streaming platform, Monument Traders Live. This FREE benefit for all MTA readers is going to have its first session today at 2 p.m. EST. In this session, our Head Trading Tactician, Bryan Bottarelli, and our Head Fundamental Tactician, Karim Rahemtulla, will join me to discuss our election year trading game plan. As we head into the back nine of 2024 and approach the elections, Bryan and Karim are going to outline specific strategies and plays they are eyeing. You won’t want to miss this. Join us live f ..read more

The post Key Takeaways From our Winning JOLTS trade appeared first on Trade of the Day ..read more

After a big down move in the indexes, I’m starting to see some counter action. So in today’s video, I’m switching back to “buy the dip” mode. I also have a new post-earnings trade setup for you. Click the image below to get the full trade. YOUR ACTION PLAN DHR is an earnings winner with a solid setup. Since they just had earnings, I’m looking to buy calls near the 6/21 date, which should give me plenty of time. I’m looking for entry near $248 and a carry up to new all-time highs over $258. (Click to enlarge) For more post-earnings trade setups like these, I recommend joining me in Daily Prof ..read more

Another day…another earnings winner. Rinse and repeat. Don’t get me wrong, trading earnings is risky, especially if you’re doing it like this: They fall in love with a stock and its story so much they’re willing to gamble their hard-earned money ahead of earnings. They are left heartbroken when things don’t turn out their way: If you want to succeed in the stock market, it’s crucial to detach from personal biases and make decisions based on risk vs. reward. Let price action dictate your next move, not what some random person on a message board or talking head on CNBC tells you. And stop try ..read more

Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were steady on Tuesday. Investors were upbeat after Disney’s earnings landed (more on that below). Investors now have new hope of an interest rate cut as soon as this summer. More incite will come from Minneapolis Fed president Neel Kashkari, who is expected to speak today. While earnings day has the potential to a move a stock big in either direction, our Lead Technical Tactician Nate Bear knows how risky trading earnings can be. That’s why he looks for the best trade setups AFTER earnings to capitalize on ..read more

Attention Traders: It’s Monday and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. Click the image below to see which stocks are on his radar this week. Last week Nate closed a 143.59% winner on RILY in 1 trading day, and he just launched his “100-day AI Trading Sprint” in Daily Profits Live. Click here to see how Nate expects to generate at least one triple-digit gain every week. Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were up on Monday as investors expect a calmer week following the latest Fedspeak. Policy meet ..read more

Editor’s Note: It might sound hard to believe… but 30 years ago, Oxford Club Chief Investment Strategist Alexander Green discovered the most intuitive, easy-to-use secret to making money in the stock market. And in today’s guest article, he’s revealing exactly what that secret is. Plus, he’s giving readers the chance to get exclusive access to his top stock play for 2024 based on this strategy. Click here to learn more about his No. 1 insider play for 2024. – Ryan Fitzwater, Publisher In today’s world, the financial rewards for success in the stock market are so huge – and the competition for ..read more

Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures got a big boost on Friday following Apple’s earnings (more on that below). The three major stock indexes ended Thursday higher, and now investors will be looking at the upcoming April jobs report due Friday morning. Here’s a look at the top-moving stocks this morning. Apple (Nasdaq: AAPL) Apple is up 6.08% in premarket trading after it posted revenue of $90.8 billion, down 4% from a year ago but still slightly above Wall Street’s expectations of $90.5 billion. The iPhone is always key, with the device acco ..read more

Take a look at the image below… As of March 2024, 27 Wall Street firms are dedicating analysts to cover Apple (AAPL). Despite the intense scrutiny on Apple, does anyone truly know how the stock will perform after it releases earnings? According to the options market, market makers expect a +/- 4% move. But how right have the market makers been this earnings season? Let’s take a look. For example, they predicted: A 12.8% move in SMCI the other day, yet it overshot by 18%. A 7.7% move in SBUX, but it declined by 17.87% They predicted a 7.7% move in AMZN, yet it only closed at 2.28%. Whether y ..read more