New Post

May 30, 2024

A Drop in Oil Sets a Fire for This Utilities and Energy Play
By Blake Young

Note: Don just closed out his eighth winning IN/OUT trade. People got a crack at a market-crushing 50% gain. Here’s how… 

Conditions are looking good for the move I have in mind today… 

Crude futures spiked yesterday, up to $80.62… and then sold off today, pretty much erasing the gains of the previous two sessions.

From a technical perspective, and I’ll show you the charts in just a second, this pushes us, bearishly, toward the lows. 

Now, interestingly, there happens to be an inverse correlation between oil prices, energy, and utilities.

TheoTrade Daily Chatroom Schedule for Friday, May 31, 2024
8:45 AM to 10:30 AM: A special extended TheoTrade Live with Blake and Brandon
10:30 AM to 11:30 AM: Professor Jeff Bierman shows you… The Way
11:30 AM to 12:30 PM: Blake Young targets more earnings trades
12:30 PM to 1:15 PM: Gianni Di Poce is watching currencies and a lot more
1:15 PM to 2:00 PM: Brandon Chapman checks top-performing stocks and sectors
2:00 PM to 3:00 PM: Tony Rago finds targets in NQ charts
3:00 PM to 4:00 PM: Corey Rosenbloom will make range and trend plays

A Rare Second Shot
Popular demand and market conditions mean we can open IN/OUT again, briefly, to new subscribers. I just closed out the eighth straight win on TLT, the infamous Treasury bond ETF. I’m getting the next move ready now, so this is a good time to jump. Take a look… 

Two Great Stock Picks Just Hit

We’ll talk again soon,

Don Kaufman
Co-Founder, TheoTrade