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- 📉 Fed rate cut incoming, watch this mover
📉 Fed rate cut incoming, watch this mover
This could be a big one...
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Yes… even at 2:13am in the morning!
Jeff Bishop here… and WHEW!
It was a very volatile day in the markets today, with traders experiencing whiplash as the major indexes sank before ultimately closing up.
The August CPI report fell in line with recent labor data to tee the Fed up for a rate cut next week. The only question is whether we’ll see a quarter- or half-point cut, but the former is looking more likely.
It’s important to follow these macro factors while also looking for micro wins.
I’m looking at one stock right now that has made some incredible moves in the past two months…
We’re talking a 75% gain in two weeks… 71% in a week… even 82% in three days…
Right now, it’s newly into oversold territory, and I think it could be preparing for another big bounce up, as it has the previous three times.
It’s also just a fascinating company that I think deserves a good look.
I’m preparing a full writeup for you that I’ll be posting at this page right here at 9am EST tomorrow, so be sure to check it out.
In the meantime, I want to share some of the keys to my recent monster wins on TSLA and DJT…
Not just to brag about what awesome wins they were for me personally, but HOW I landed on these specific ideas.
Too many traders approach the market with an attitude of “JUST GET AS MUCH PROFIT AS POSSIBLE.”
It’s not a bad thing. We’re all here to make money.
But if that attitude turns into a plan, then we’re in trouble.
There’s a fine line between trying to get the best results and being too greedy.
Let me show you a pair of recent trades that make my point.
The market has been tough lately, which is no surprise.
Volatility kicks up, and trades can collapse in a hurry.
That’s why my trade plans are built not just to protect against losses or make big profits… but to also take the profits when given the opportunity.
It’s almost like a stop-loss, but for when a trade makes money (a “stop-win”?).
TSLA ran nearly $30 two days after that initial alert.
Then, in one day it gave back over $20.
If I didn’t sell into strength, I would have walked away a loser on it.
But because I took profits when I had the opportunity, I was fine.
*Trading is hard, results not guaranteed and should not be expected to be replicated typically.
Same for DJT this week.
I made it pretty clear that I was looking for a run into the debate, but (IMPORTANT) I did not want to hold it overnight.
Lots of traders treat earnings reports like this, too: you hold in the run-up to the news, and then you sell before the news hits.
That’s because you can’t predict the future, and one wrong headline can throw the whole trade off.
That’s why I sold DJT before the debate.
That proved to be the right call as we saw some big upside opportunities on Monday and Tuesday, but the stock is getting crushed in pre-market today.
Doesn’t matter to me - I took my profits.
*Trading is hard, results not guaranteed and should not be expected to be replicated typically.
Managing risk on a trade isn’t just about stop-losses.
It’s about taking your win when you can get it - even if it means leaving a few bucks on the table.
When you get greedy and try to take more than your intended profit, you risk going over the cliff and losing way more than expected.
That’s why every trade alert inside Bullseye Unlimited includes a plan for profits as well as losses.
That tiny detail makes all the difference.
I just dropped another trade idea this morning… with both the stop-loss and the intended profit.
If you didn’t get that idea in your inbox - well, we need to fix that.
Including a trade plan that will help you grab the profits when you can get them instead of taking on unnecessary risk.
To YOUR success,
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