It's been a crazy week. I don't think anyone could have predicted a meme stock movie-GameStop 2.0 fiasco, but here we are. It's not a great time to be super aggressive, so if you're trading it, please trade small and, as always, be sure to use proper risk management.
But no matter how hard we try, no one can control the market. All we can do is play the cards we're given the best way we know how.
So with that in mind, I'm unveiling a brand new watch list with tickers that are hitting my Weekly Blitz Alerts Tracker. Here you'll find trade ideas that meet my criteria. What do they have in common?
These stocks see large, repeat orders, and their charts show strong support. In other words, big money is betting these stocks are on the verge of a big move, and the data backs up their bets. More often than not, they're right.
Remember, these are just ideas I'm sharing, and you should only enter these trades if you're comfortable managing the positions on your own.
If you want me to manage positions for you with text and email alerts telling you exactly what and when to buy and sell, check out our Weekly Blitz Alerts trading strategy.
It's also worth noting that you can always trade the underlying stock if, say, you can't get filled on the option or you don't want to enter into weekly expiration trades. There are always alternatives, and trading the stock itself is one of them.
So check out these weekly bonus ideas and keep an eye on your inbox for potential bonus trades this week!
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