Good morning:
The S&P 500 (SPY) brought us to a short move above the 20-day moving average and a string of breakout stocks that gave us just a little intraday switch on our reading…
It wasn’t long…
We rolled right back over. The same thing happened on March 26, and the market moved lower… much lower.
That means we have to keep our heads on a swivel. If we start to move lower again, I want your attention to be on one single ETF—ProShares UltraPro Short S&P500 (SPXU). What’s that?
We’ll dig into this… and a whole lot more when we go live at 8:45 ET.
Here’s what else is on tap…
Momentum is neutral, but insiders remain on the sidelines.
What are they buying? We’ll discuss those big names as we generate ideas and trades for the coming weeks.
What is on the buy list from the last 24 hours…
Ally Financial… CVR Energy… CVR Partners… and a host of biotech stocks…
Gold prices just experienced one of the biggest selloffs in years… is the rally over?
Well… today I’ll show you a chart that will make the shorts get a little worried.
Because as more money flows into the system…
We’ve got earnings today… Pepsico (PEP), Alphabet (GOOG), Procter & Gamble (PG), and Merck (MRK). It’ll be a very busy day… So, how should you be trading earnings?
I’ll walk you through the VWAP setup once again … so you can be active today.
One quick heads up before we go live — this earnings season is already shaping up to be one of the most unpredictable in years.
If you saw what happened with Tesla’s chart yesterday — that chaotic first hour — you saw exactly why Don’s Money Number has become a go-to for our traders.
Don’s doing a free breakdown of it this afternoon at 2PM ET. It’s a dead-simple metric that’s helped him hit triple-digit gains on earnings setups again and again — without needing to pick a direction.
If you plan on trading earnings this quarter — or even just want to see how our team tackles setups like this — you should be in that room. Click here to reserve your spot.
I’ll be live in 30 minutes. So, get your coffee or tea… fire up your charts… and let’s get ready for big trades and bigger ideas.
I’ll see you soon.
Stay positive,
Garrett Baldwin