Managing Editor’s Note: Buckle up… because according to our colleague, tech investing legend Jeff Brown, Elon Musk is about to trigger another massive wave of disruption in the markets. If you’re holding the wrong stocks, you could lose big. But if you know what to do, you could walk away with gains of up to 287%, 476%, and 874%… in 30 days or less. Jeff will give you all the details during a strategy session on Wednesday, April 8, at 2 p.m. ET. Go here to sign up to attend for free with a single click. A Quick Profit Going Against the Prevailing View By Larry Benedict, editor, Trading With Larry Benedict I often tell folks about the importance of being nimble. It’s been a key part of my 40-plus year trading career… I focus on pulling smaller but regular profits out of the markets. Do that consistently over time, and you’ll be surprised just how big your trading account will grow. One of the mainstays of nimble trading is to avoid having a predetermined view of the market. As we discussed on Wednesday, you don’t want to let a bullish or bearish view dictate your trades. Instead, the key is to look for strong trade setups in either direction. Then quickly and clinically take those profits off the table. We saw how that works earlier this week, when my Opportunistic Trader members had the chance to pick up an 18.9% gain in a day. So today, let’s see how that trade played out… | Recommended Links
Urgent SpaceX IPO Update SpaceX is set to be the biggest IPO in history. But before the IPO… Elon is planning to release a new AI model that Jeff Brown believes will disrupt several companies… Leading to extreme volatility in the stock market. To help you prepare, he's having an urgent online strategy session this coming Wednesday, April 8, at 2 p.m. ET. Click here to RSVP to AI Doomsday… And he'll show you how you can turn all this coming volatility into huge gains…
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Where To Put $100 Before Trump’s New Tech Law Rolls Out Everyone is talking about Trump’s new tech law. Financial Times says this tech puts America “on the verge of a financial revolution.” Yahoo Finance says it could unlock $400 trillion. Jeff Brown was consulted by Congressional offices in Washington, D.C. to advise on it. He says the real number is even bigger – as much as $2.6 quadrillion could pour onto a new type of investment exchange in the days ahead… Click here and Jeff will show you how to claim your stake starting with just $100.
| An Overdone Down Move Home improvement giant Home Depot (HD) had a really strong start to the year. Yet it, along with the rest of the market, rolled over and sank as hostilities in the Middle East broke out. Rising oil prices fuel inflation, which in turn puts pressure on interest rates and consumers' wallets. HD fell heavily, losing 19.5% (peak to trough) in less than two months. Check out the chart… Home Depot (HD) 
Source: eSignal (Click here to expand image) You can gauge the sharpness of that fall by the rate at which the 10-day moving average (MA, red line) crosses below the 50-day MA (blue line). If we followed the bearish news and let that dictate our actions, we would have missed out on a tidy profit. See, I look for stocks that have sold off too far, too fast… I aim to profit when they snap back the other way. And that’s what we did here… As you can see in the bottom part of the chart, the Relative Strength Index (RSI), a momentum indicator, formed a “V” and rallied from oversold territory (lower gray dashed line). That coincided with HD’s low on March 20. Then the RSI formed a higher low (green line) – a bullish signal indicating buying momentum was building. Quick Up Move, Quick Profit To capture an anticipated up move, we bought a call option. A call option typically increases in value when the underlying stock rallies. As you can see, we got our timing spot on… Take another look: Home Depot (HD) 
Source: eSignal (Click here to expand image) The next day, HD continued to rally. However, the strength of that move petered out – and this is why being nimble is so important. With our position in good profit, we didn’t want to risk handing back any gains. We exited our position on April 1 by selling our call option. We bought our HD call option on March 31 for $3.30 per contract (or $330, as an option contract is for 100 shares). Then we sold it the next day for $3.93 (or $393). That handed us an 18.9% gain in just a day. Tune in to Trading With Larry Live 
Each week, Market Wizard Larry Benedict goes live to share his thoughts on what’s impacting the markets. Whether you’re a novice or expert trader, you won’t want to miss Larry’s insights and analysis. Even better, it’s free to watch. Simply visit us on YouTube at 8:30 a.m. ET, Monday through Thursday, to catch the latest. | The Power of Options We generated this tidy profit using options. Because options use leverage, they magnify profits and losses. That’s how a small move in the stock can lead to a double-digit gain (or more). Yet you have to get your timing right because options expire. So you run the risk of your option expiring worthless if your anticipated move doesn’t pan out in your time frame. (You can always close your position early if you wish.) And we didn’t need a longer-term view on HD to succeed with this trade. Instead, we simply took advantage of an overstretched move. That’s the value of trading this way when markets feel uncertain. You can profit from short-term moves without the need to predict which way the market is headed next. Happy Trading, Larry Benedict
Editor, Trading With Larry Benedict Free Trading Resources Have you checked out Larry’s free trading resources on his website? It contains a full trading glossary to help kickstart your trading career – at zero cost to you. Just click here to check it out. | | 
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