“We need a hero!” Nvidia flames out...

Author

Jeffrey Roth
March 26, 2024

Dear TheoTrader,


Where’s the leadership in this market?

Now the Nvidia gamma squeeze has lost steam… who’s going to put on their big boy pants and step up next to drive the market? Or will the gamma squeeze come roaring back?

This morning… I executed a juicy new play on Boeing… I bemoaned the lack of “step up” leadership in this market since Nvidia cooled off… PLUS, I threw cold water on the notion of end of quarter “window dressing” by money managers... which probably ticked off my good pal Jeff Bierman!

As always, we’re bringing you bell-to-bell live action all day every day the markets are open.

9:20 AM to 10:30 AM: watch me call the open
10:30 AM to 11:30 AM: Professor Jeff Bierman analyzes the action 
11:30 AM to 12:30 PM: Blake Young on the hunt for trades
12:30 PM to 1:15 PM: Gianni Di Poce looks to continue his hot streak
1:15 PM to 2 PM: Brandon Chapman searches for the strongest sectors
2 PM to 3 PM: Tony Rago focuses his mind-laser on the NASDAQ 
3 PM to 4 PM:  Corey Rosenbloom looks for swing trading opportunities

@ the Close 4:10PM – Brandon Chapman breaks down the day’s action

The trade I’ve been designing my whole life
I’ve made it my life’s mission to develop a trade that anyone can make for just $100 and position themselves for double-digit gains… and this quick-to-consume report contains the details of my “mission accomplished!”…

This Energy Play Just Went Into the Money
On Friday I told everyone to look at the Energy Sector ETF. BUY +1 VERTICAL XLE 100 19 APR 24 92/94 CALL at $94 or better. The trade moved nicely into the money today and is still going strong. 

We’ll talk again soon,

Don Kaufman
Co-founder, TheoTrade