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The big banks begin reporting earnings on Friday — join me at 10 a.m. ET on Thursday to see how I’m trading Bank Blowout 2024! Bulls Get Defensive in This Name Ahead of Earnings With markets doing a whole lot of nothing to start the week, we ran across a familiar old friend on the News Flow Scanner… We’ve had a lot of luck trading this stock when it graces the scanner. It doesn’t hit all that often but when it does, it grabs my attention… and that stock is Raytheon (RTX). Raytheon is of course a major U.S. defense contractor that makes all those weapons of war. So whenever the war machine starts cranking up, you can get traders turn an eye toward this stock. We’re not here to talk geopolitics and things of that nature — we’re here to trade… And with everything going on in the Middle East and Ukraine, well, we’ve seen some interesting trading action in this old stalwart... 9 Bank Names to Watch Over the Next Week Bank earnings for the first quarter of 2024 kicks off on April 12… With notable financial stocks like JPMorgan, Wells Fargo and Citi set to announce before the open Friday, followed by Bank of America and a few others that I’m personally interested in. As a matter of fact, there are about nine names I’m looking to trade over the next seven to eight days. While I’d never guarantee a future return, you can tag along and see the stocks I’m interested in. I share all the details during a special bank earnings preparatory event called “Bank Blowout 2024.” If you’d like to catch it and see the full list of all nine banking stocks I’m looking to target over the next week… BEST Order Of The Day: NVDA Thanks to my News Flow Scanner, we found another big mover… ahead of time! That’s the point, right? To get in these calls or puts before they blast off to the moon or fall off a cliff… Well, the only way to do that is with my News Flow Scanner! With NVDA already down about 1% a share in early trading Tuesday, the order above hit in the weekly $865 puts. At the time, it was trading for around $14.80 a contract. By 10:30 on the East Coast and with NVDA down 3.1%, was trading for about $27.80 a contract — that’s na 87%* move higher in just 30 minutes!. Something important to keep in mind: As it says at the top, this is the BEST order of the day — one of if not the biggest mover of all orders that came in (by around 1 p.m. ET). There were also gains that were much smaller, and of course some losers mixed in as well, as is the case every day. So what can you do with this information? Check out the News Flow Scanner today — just click that link below! I’m Also Covering…
Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators and scammers. You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx |
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