I told you about Seasonal Trade Ideas in September! Well, after the market crash in October stocks that I talked about like Shopify (SHOP) are up over 30%. Here’s what I told you back then:
“now i’m slowly turning my attention to Seasonal Stock plays. Now is the time to start looking at Trade Ideas into the Holiday Season…I’m starting to look at seasonal trade ideas and thinking about companies that could do well over Christmas…AMZN is always one to think about going into the Holiday season but there is one e-commerce store I like even more than that.
That stock is SHOP i,e, Shopify. This is a great end-of-year retail stock, and as businesses ramp up sales and offers online, SHOP should benefit greatly. The stock is down MASSIVE and at these prices, could be very undervalued. It’s also forming a nice base which I think it could break out of into end of year!”
Here’s what happened to Shopify:
Now that these Seasonal Trades are starting to work, I think some of them can go much further into the end of year. I’ll be sure to let my subscribers know as soon as a good trade setup forms.
You see trading isn’t all easy. I’m bearish the market right now, but still think that the Seasonal trade Idea is a good one. When my proprietary scanner gives me the signal that’s when I start to take the trade Idea seriously.
Subscribers to Bullseye Unlimited get access to my proprietary scanner that helps me find great trading setups. But that’s only for the next 18 subscribers or less. If you don’t want to miss out, subscribe NOW Here’s what the scanner looked like today:
If you’re having trouble finding good setups in this market, the High Octane Scanner can spot great setups DAILY.
Here’s a few more trade ideas from the last couple of weeks.
I thought the market was going lower. And even though TSLA was bouncing I thought it would run some stops below $200. Well, TSLA cut prices in China and tanked and got into the $198’s, below $200.
I was bearish about the solar sector because it had stopped going up, and too many investors were hiding out in this bubble!
Not all my trade ideas work this well. But I can teach you the many lessons I have learned over 20 years of trading bull and bear markets, that can help you in your trading journey.
If you want to know which seasonal trades I’m looking at and when I decide to pull the trigger, sign up to Bullseye Unlimited. There’ll be 3 new trade Ideas Tomorrow!
If you’re not ready to go UNLIMITED, start out with Bullseye Trades.
Here you’ll get one good, really well-thought-out idea every week.
Just making a couple of really good trade ideas can be much better than overtrading on sub-par setups. For less than $10 a week, you can get the best trade idea on a Monday from a 20 year market vet. Whether you’re just learning or a pro, 1 more great idea a week can only help you get better.
Bullseye trades has over 9000 active members, and I’m really proud of the community we have. Here’s what they have to say:
Sign up to Bullseye trades now. My next trade idea is coming on Monday. If you want more Bullseye more often, get in Bullseye Unlimited, and I’ll have ideas for you tomorrow of how I’m looking to attack the market and what’s shaping up!
