With the Nasdaq 100 (QQQ) being up 30.89% YTD, are you feeling the anxiety of FOMO (fear of missing out) in the financial markets?
Investors have been giddied about the potential for artificial intelligence, driving up the QQQ, technology, semiconductors, software, FAANG and AI-related stocks.
With so many stocks and sectors extended, what Setups provide the best opportunity to profit now?
Master Trader Tip: When institutions have been “all in” the same leading stocks and sectors making them too extended for new long entries, opportunity often exists under the concept of “catch up,” where beaten down stocks with bullish basing patterns break out as traders and investors use sector rotation looking for greater opportunity.
Catch-Up Trade Video Below
In this Video, we’re going to show you how to trade Bottoming Patterns and Climactic Buy Setups and review many stock and options candidates that we are either giving subscribers this week or are on our watch list to see if they setup for bullish entries.
Most are traps for the uneducated trying to pick bottoms. Don’t be a victim and be whipped around.
At Master Trader, we have several criteria to define quality setups based on the structure of the price pattern.
The Structure of the price pattern will speak to us about the relationship between buyers (demand) and sellers (supply) and the likelihood of reversals and trend continuation.
Yes, 9-Months of Weekly Lessons, 3-Months of the Advisory Swing and Options, 3-Months Weekly Options, and Lifetime Coaching.
New trades with the technical setup and management updates are sent intra-day by text message to subscribers until the trade is closed.
Master Trader and You Building Your Financial Future Together!
Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com