If you caught Crush the Open on Monday, we hit on all of the big market-moving events happening this week, including the bearish news coming out of China that’s been weighing on stocks.
Protests are happening against Beijing’s zero-COVID-19 policy, with people getting sick and tired of being locked down in their homes all the time.
We also had more bearish comments out of the Federal Reserve this week, with St. Louis Fed President James Bullard saying Monday they might need to keep the benchmark interest rate in the 5% to 7% range into 2024 to tame inflation.
These are just two of the bigger news bombs we’ve had this week that are making it a brutal tape to trade. But there are strategies that work…
Most of them involve super short-term plays like we make in Burn Notice Alerts, where we enter every day before the close and then exit the next morning right after the open.
Being in the market for such a short period of time reduces risk, and four trades a week (on average) add up to about 200 in a year… so this is a marathon, not a sprint. This trading style isn’t for everyone, of course.
And if you expect to win every trade, this strategy also isn’t for you. We are all about transparency, so here are the important details…
Since the strategy’s inception on Dec. 15, 2020, it has a 55.74% win rate. The average weighted return — including winners and losers — is 1.65% overnight.*
If this sounds interesting and you want to learn more about the strategy, I hosted a special intro session Monday for a bunch of new members, so check out the video up top! It’s a perfect example of what you can expect from this overnight trading strategy that offers great value over the long haul.
You can also click here for more info on Burn Notice Alerts!
My guy Lance Ippolito also stopped by for some fun. Be sure and join us at 9 a.m. ET each Monday for Crush the Open!
Are there any topics you’d like to see me cover or questions you’d like answered? Send me an email at jeff@joyofthetrade.com.
P.S. Hurry and Register For Lance’s FREE Unusual Options Activity Workshop!
I just wanted to let you know that Lance Ippolito… the No. 1 expert on insider activity at WealthPress… is hosting his famed Unusual Options Training Class this at 1 p.m. ET this Wednesday, Nov. 30!
The last time he hosted this particular free training was way back in FEBRUARY…
And to this day, it’s one of the most popular, loved, exciting and beneficial training sessions from all of 2022.
He taught all our subscribers a repeatable way to track and trade unusual options activity using nothing but free internet tools that everyone has access to.
And this Wednesday, he’s doing it again.
Sign Up Here and Join the Fun!
*Stated results are typical for given period. Past performance is not indicative of any future results. Trade at your own risk.
