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Traders Take a Spin in CarMax Ahead of Earnings What a wild day of trading! Following Thursday’s late collapse, the market roared back on Friday with chip stocks once again leading the way. We also saw Tesla take a nosedive after a Reuters report that said the company is abandoning low-cost car plans amid stiff competition out of China… Only for CEO Elon Musk to later tweet that Reuters is “lying” in response to a ZeroHedge tweet about the news… All this before lunchtime on the East Coast, whew! And not only that, but earnings season is once again underway in earnest beginning next week. We covered some Delta (DAL) calls that hit the ol’ News Flow Scanner Thursday before the sell-off, and these babies are still cheap at right around $1.00 this afternoon compared to where they were bought. So what do we have in store for today? It’s My Favorite Stock to Trade on 1 Day of the Week Navigating the stock market can feel like stepping into a world of peculiarities. After all, it’s filled with a wide variety of gurus who come with their own quirky ways of trading. And the rather bizarre secret I’m about to share doesn’t deviate from that quirkiness… When traders enter the weird and wonderful world of trading Tesla, they get to focus on trading one extraordinary stock instead of dealing with the hassles of multiple tickers. Oddly enough, the pursuit has been quite profitable, as it was not uncommon for the method to produce a long string of winners. Obviously, I cannot promise future profits or against losses… nothing is guaranteed in the stock market. But I’m willing to share the simplicity of trading Tesla’s Thursday afternoon moves… BEST Order Of The Day: MSFT 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 MSFT up about 0.6% in early trading Friday, the order above hit in the $417.50 calls expiring next week. At the time, it was trading for around $7.20 a contract. By noon on the East Coast and with MSFT up 1.9%, it was trading for about $10.43 a contract — that’s a 44.9%* move higher for those scoring at home. 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! CUSTOMER STORY OF THE DAY: Hey Lance, Just wanted to say, I'm profitable again today.... on another day when the broader markets are down. I'm consistently able to be profitable on those choppy down days. Trading the order flow from the Options Scanner, along with knowledge that i've learned from following your work, has greatly helped my overall P/L this year. Where i have really made improvements is to my day trading. The Master Indicator combined with the Options Scanner has really made a huge difference for me. I just wanted to say thank you for everything. — Brett 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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