This Will Change the Next Five Years of Trading
Dear Profit Takeover reader,
The most important Fed meeting potentially ever – is happening tomorrow –
The Fed is about to inject a wild amount of volatility in the market…
A market that has already had 6 straight months where VIX – CBOE’s Volatility Index – has risen above 30…
And since I have been trading volatility since VIX was born…
Institutions have sold into every single rally…
They set up a bull trap and sell into the downside…
Which is bad for long-term investing –
But not for traders like me, who expect these moves – and know how to trade volatility.
1) I understand and guide traders to harness implied volatility on individual stocks…
2) I recommend educational closing trades in SPX and XSP – 4 times each week…
If you missed my event with Garrett – where I shared my Post-Fed Profit Plan that includes these two keys –
And join me tomorrow in the Profit Revolution – for Day 1 of my Post-Fed Profit Plan in action.
See you tomorrow,
Mark Sebastian
Founder, Profit Takeover
The Money Morning Live Summit is SOON
Come meet me – and the entire Money Morning Live crew in Chicago, IL on May 19-20, 2022.
We are hosting the first Money Morning Live Summit –
Find out more right here.
Hope to see you on May 19-20, 2022 in Chicago, IL.
THIS WEEK’S SCHEDULE (ET)
Wednesday 5/4: 10:30 am – 11:30 am Profit Takeover
Thursday 5/5: 11:00 – 11:30 am Foundations of Trading Preview with Brian King
Friday 5/6: 9:30 – 10:00 am Profit Takeover
TODAY’S WATCHLIST
- BP plc (NYSE:BP)
BP got crushed during earnings – EPS were down -76.62% and revenue was down -7.41% for Q1.
Despite that, the stock is back above $30.95 –
Image from wallstreet.io
It could make a move up to $35 soon.
I would look for a cheap call play.
- Blue Apron Holdings Inc (NYSE:APRN)
APRN is back above $4 after securing financing…
Now at $4.62…
Image from wallstreet.io
There’s a nice short squeeze here and it’s getting to a spot where we might buy puts.
- ARK Innovation ETF (NASDAQ:ARKK)
ARKK is back above $50 on a nice pop yesterday from high beta –
Currently trading at $50.37…
Image from wallstreet.io
We could even see some more upside and this should set up for a great short.
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May 03 2022
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