Hey there, Power Profit Traders! Well, after starting February strong, the Nasdaq Composite (IXIC) suffered its worst day since September 2020 on Thursday, while the S&P 500 Index (SPX) had its worst session in almost a year, as traders...
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Yesterday, stocks took a hit following the growing concern of an economic overheating.
The Nasdaq dropped 2.5% as investors continue to sell off tech stocks, and the S&P 500 fell over 1% by closing bell.
And I’m not seeing this pullback let up – at least not for the next two weeks.
Which is why today, I am going to show you a simple trading strategy to profit on the market movement before the end of the month.
You can use this strategy no matter your trading experience, and you have the potential to add profits to your portfolio in a matter of days.
To access this specific trade recommendation – with 100% profit potential – click here…
Friday morning, GameStop (NYSE: GME) shares fell 40% — and the stock opened with a low of $51.09.
This skyrocketing stock that had social media buzzing is down 90% since the end of January.
In today’s The Profit Strategies Podcast, Chris Johnson and I are diving into the details regarding the end of GME‘s rally.
We will cover who the real winners and losers are of this unprecedented market event, and where this leaves all of these novice traders now that the dust has settled.
It’s a podcast you won’t want to miss.
In the past month, Tesla Inc. (NASDAQ: TSLA) has gone from around $400 per share to over $600 per share.
That’s a 50% gain in as little as 30 days. And in the same amount of time, it’s handed option traders 1000%-plus gains – call worth $20 in mid-November is worth $200 today!
And there’s even more coming for TSLA…
At the sound of Friday’s closing bell, the electric automaker will be added to the S&P 500 in what’s sure to be a historic day for the markets.
See, the heaviest days of trading tend to be on the days of major index rebalancing like we’ll see this week. Meaning TSLA‘s headline-making days are far from over.
The question is – where do we go from here? Is TSLA‘s inclusion in the S&P a sell-the-news event, or is the stock set to go even higher from here?
Well, the answer doesn’t matter. Not if you’re using the strategy I’m going to show you today, anyways.
This strategy isn’t bullish or bearish. It’s neutral, and it has a sky-high probability of profit.
Plus, it has the potential to hand you at least $1,000 by Friday.
I’ll break down this trade in the video below. Check it out…
The S&P 500 finished the first week of December at a new high just below 3,700 – signaling the profitable end we expected to this year’s holiday pattern.
Not every stock, however, is telling the same story.
A big part of trading is something that almost no one talks about…
Losing.
I’ll be the first to tell you that if you’re a trader, you’re going to lose, even if you’ve been trading for more than 30 years like me.
But that doesn’t mean it isn’t one of the best ways to make money. The trick is to win more often than you lose…
And the key to doing that is to know how to fix a losing stock position…
Options are the single best wealth-building tool this market has to offer – and I’m not the only one who thinks so.
I want to take some time to introduce you to my good friend and colleague, Chris Johnson. Because his own options trading strategy has been one of the most lucrative I’ve ever seen. For more details, click here.
You see, for the past three years, Chris has been recommending trades to a small group of readers. In total, he recommended 51 options trades…
And 45 of them were winners.
Had you put $1,500 into each of these trades when Chris told you to and managed to sell at peak gains, you could have turned an initial $5,000 trading account into $100,000 in just 31 months.
That’s one of the best track records I’ve ever seen – and today, Chris is finally revealing his formula to the public.
Now, I made sure to get an exclusive interview with Chris for my Power Profit Trades readers. In this video, you’ll hear Chris’s own options trading story…
And learn exactly how you can get in on what he calls his Strikepoint formula…
Last week, my brother-in-law and I both went bullish on the same stock.
Fast forward to one week later, and he’s down 10%…
But I’ve already cashed out for profits.
A couple of weeks ago, my family and I packed up and hit the road to upstate New York.
That’s right – we drove the 1,500 miles up the east coast from Florida…
And we did it in a van.
“Van life” has become a trending topic on social media since before COVID-19 even began. And I had to see what all the fuss was about.
There’s an old adage that says “the market hates uncertainty.” Well, let’s see…
We’ve got a worsening global pandemic with no proven treatment or vaccine, record levels of unemployment in the U.S., and now widespread civil unrest.
And how did the market react? It rose over 47% from the March 23 lows.
Clearly, the market is not acting rationally. And that’s because the market is not a rational thing.
The massive amount of stimulus money being pumped into the economy, combined with optimism for a post-coronavirus recovery, has the market back within striking distance of all-time highs.
It’s times like these – with the economy and the market so obviously heading in different directions – when traders and investors can be tempted to take their profits and head for the sidelines.
But that’s exactly the opposite of what you should be doing.
In an unpredictable market like this, the profit opportunity is there – you just need to be able to jump on it fast, before stocks change direction yet again.
And these four lightning-fast strategies are the quickest way to turn a profit right now…