Hey Folks, Jeff Bishop here.
This is one crazy market, isn’t it?
I am enjoying the move higher, but I really don’t agree we should be trading at these levels.
I have learned that my stupid opinion doesn’t matter in trading (and most areas of my life)!
All that matters is price action. When I forget that fact and try to let my emotions and opinions get in the way, my portfolio’s results suffer greatly.
I am much better off being “ignorant” of news and market noise that try to distract me from my focus – which is simply to buy strong stocks that are above their 20-hour moving average.
It sounds stupidly simple, I know. But it is also one of the most important lessons I have learned as a trader.
Just like yesterday, when I finally saw ELF trading back above the 20-hour level.
I had been patiently waiting for that for over a week.
I knew the setup I was looking for, and then I pounced on it when the opportunity presented itself.
Even if you aren’t a premium Bullseye Trades member, I sent you a mobile phone alert on it right as I made the trade.
By the way, if you are not one of the 25,000+ people on that free mobile list, all you need to do is whip out your phone and text the word “RAGE” to 1- (888) 404-5747 📲
Then, you can be at the top of the list when I have a hot new idea that drops (like tomorrow, details below!)
That simple 20-hour reversal helped me personally make over $20,000 on the trade yesterday (though I do have my losing trades too, of course.)
The follow-through on the move today was incredible as well.
Those options I told you about yesterday afternoon managed to surge over 150% higher today!
Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.
Another great example of this was on Monday, when I saw the QQQ start to trade back above the 20-hour level.
You can see that in the second setup I circled on the chart below…
I bought the first one circled last week, and made over $15,000 on that trade overnight.
The second one, I alerted all of my Alpha Hunter members on Monday, and then I managed to cash that in today for over $7000 in additional profits today, as you can see on this screenshot from my real-money trading journal…
Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.
You can also see how the alerts are pretty clear that I sent out on our exclusive mobile alert app…
Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.
By the way, if you’re not an Alpha Hunter member, you have two great options right now: either a low-priced monthly option, or a 2-year subscription that is massively discounted right now.
I also hold a weekly live training session on different types of options trading strategies and do live trading with my Alpha Hunter members. Make sure you mark your calendar and attend those.
Also focusing on the 20-hour breakout concept, I also alerted you to a new small stock opportunity this morning.
That stock went on to hit a fresh new 52-week high. It has been doing that a lot lately.
That is an incredible stock, and you need to keep it on your radar for a long time.
It’s now up way more than 50% since the prior time I told you about it in late-April. Who knows where it will be a couple of months from now?
Tomorrow, I have another stock that I want to bring to your attention.
This isn’t a breakout play, but rather what I like to call a “bottom bounce” opportunity.
The stock is trading at what I think are extremely oversold levels. If a bounce does happen, there is a lot of upside potential from here.
It will be a very fast mover, so keep an eye on your inbox for all the details tomorrow.
Or better yet, skip the line and go directly to this page at 9am EST, and you can be one of the first people to grab it even before the market opens!
Set a reminder, and then refresh this page at exactly 9am EST tomorrow. 📬
Have a great night, and enjoy what will surely be an excellent NBA Finals 🏀tonight!
Just like last time, I’ll give a shout-out to the first three people who REPLY BACK to this email and simply say “Celtics” or “Mavs.”
If your pick wins, I’ll give you all the credit. Place your bets and hit REPLY now!
To Your Success,
Jeff Bishop
By the way, if you’ve been enjoying Jeff Williams in the Market Master’s Chat Room lately, here’s a flash special he’s offering in tonight’s Market Navigator basic options training. I thought I’d slip this deal to you! Deal ends 9PM EST!
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