Even during a sketchy market, like the one last week, there were STILL opportunities to profit!
A lot of traders get scared when they see panic in the market.
There’s no need to get stressed out …
As traders, our money isn’t exposed to large market swings. We only take on risk when we see a trade that’s too good to miss.
And last week, during the larger market crash, I was still trading the same setups that I’ve always traded. Take a look at my profits from last week below:
There were some losses along the way. But here’s the key, I keep my losses smaller than my gains.
Plus, I’m not trading all day every day.
You don’t need to be a slave to the market if you want to profit … I’m still living my life!
See my post on X below:
Gooooooooooooooooooooooooooooooooooooooooooooooooooooooooood morning! ARE YOU READY TO CRUSH IT TODAY?!?! #GoodMorning #ilovepastries #carboloading pic.twitter.com/4PkOyYryeG
— Timothy Sykes (@timothysykes) August 8, 2024
And I’m not the only trader pulling profits right now.
Take a look at my student’s post below, and congratulate him on crossing a MAJOR trading milestone this week …
This is the trade alert that we got for last week’s LUMN spike.
Make sure you’re prepared before the volatility this week …
There will be more opportunities to profit. Especially because of the BIG upcoming market catalyst this week.
The Next Market Swing
You probably noticed the market crash last week.
If you’re still confused about it: This is my blog post detailing the causes.
But this is a whole new week …
And there’s an incoming catalyst that could cause a market resurgence OR another selloff.
On Wednesday, August 14, at 8:30 A.M. Eastern, the market will learn the CPI data for the month of July.
The Consumer Price Index (CPI) is a popular way of measuring inflation in the U.S. … And any data that shows cooling inflation will likely act as a bullish catalyst for the market.
It could lead to a sizable interest rate cut from the FED. That’s what we want!
The market wants lower interest rates because it makes it less expensive to take out loans and expand business operations.
Lower interest rates could cause a HUGE bullish explosion of stock market volatility. But first we need confirmation that inflation is cooling.
In July, we learned that June’s CPI measured 3% … See the chart below showing monthly CPI data for the U.S. :
Our goal as an economy is to bring the CPI number between 2% and 3% … Last month’s 3% CPI was really close.
Get ready for Wednesday.
How To Trade
We’re still playing the exact same setups.
My trading patterns don’t change …
But the strength of the market will determine whether we should trade aggressively or approach these plays with more caution.
Follow along this week LIVE as we map out the hottest profit opportunities in a market that’s on high alert.
We’re not trying to predict which way the market will run. Instead, we react to the volatility on the hottest stocks.
Plus, new traders can use our AI trading bot to track these trade patterns on the hottest stocks!
You’re not alone in this market, I’m here to help.
Use the tools at your disposal!
Cheers.
*Past performance does not indicate future results
Leave a reply