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Wednesday at the Open

After taking a beatin’ yesterday, the big indexes started to roar back - you could hear the “BOING!” for miles around. At first glance, it looks like the bulls are back in charge after fleeing earlier this week but I’ve got to warn you: Be very careful right now. I saw quite a bit of bullish hubris in the chat this morning at the open, and I think we haven’t seen the last of the bears. Here’s why… 

TheoTrade Daily Schedule for February 13, 2024

9:20 AM to 10:30 AM Don Kaufman

10:30 AM to 11:30 AM Prof. Jeff Bierman

11:30 AM to 12:30 PM Blake Young 

12:30 PM to 1:15 PM Gianni DiPoce

1:15 PM to 2:00 PM Brandon Chapman 

2:00 PM  to  3:00 PM Tony Rago 

3:00 PM to 4:00 PM Corey Rosenbloom

4:10 PM Tony Rago @The Close

Don’t Miss This Hundreds of you attended my webinar yesterday where I unveiled the “Great American Income Project.” We’re looking at some signals I use to jump on ideal income opportunities. Look, income is always great, but it’s absolutely crucial for investors and traders in this interest rate environment. Do not - repeat - not let this pass you by. Catch the replay here.  

One of Blake’s Viewers Crushed It on SPOT On February 5, “S” put on a trade in the music streaming service, Spotify. “S” exited the trade perfectly, booking a $354 profit as earnings were reported. This is a perfect example of avoiding the “volatility crush” that can destroy even the best trades. Nice work!

This MSFT “Catapult” Trade Returned Triple Digits Volatility - it’s everywhere but it’s nothing to fear. In fact, you need stocks to move to make any money. This one certainly: We put on a Microsoft trade recently and locked in a 485% gain. Then, with that “house money,” we rolled the spread over to higher strike options for even more upside potential… without any additional risk. 

We’ll talk again soon,

Don Kaufman

Co-founder, TheoTrade