I donât do this often... October 01, 2024 | [Read Online]( When a Rare Bet Pays Off... ð° I donât do this often... *sponsored by Monument Traders Alliance "Hit MONSTER winners when stocks gap down!" See how with pro-trader Bryan Bottarelli TOMORROW Oct 2nd, 2pm ET [Register here - Gift Gap Summit LIVE!]( Good evening, Jeff Bishop here. Yesterday, I did something I rarely do. I put it all on the line in front of thousands of people (over 12,000 to be exact!). In my writeup of my [top trade idea of the week](, I said that âI am making a rare call to bet against the market right now.â I mean, who in their right mind bets against a roaring market like this? Well, when youâve been trading as long as I have, you just know when you see a good trading setup⦠even if it is to the downside. After enough years of trading, I have learned to get comfortable with making short-term bets against the market when it starts to trade under the 20-hour moving average (I teach about this all of the time!) So, I placed my chips on QQQ puts, and just as the market opened and I livestreamed the trade with members, the trade moved against me. Some doubters piled on in the chat, but I didnât panic. I stuck to my trade plan and the trade never hit my stop. This morning, I woke up to my own âOctober surprise.â The Qâs had dipped â big time â and the trade was up nearly 100% overnight! I closed the trade for a very respectable real-money profit: *Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically. The market dove deeper today as traders responded to the turmoil in the Middle East before things improved somewhat into the close. As always, Iâm looking for opportunities beyond the fog of war, and right now, I think one of my favorite stocks deserves a good look. Iâve brought this stock to my readersâ attention several times over the past few months and each time it made some very impressive moves in the days and weeks that followed. I think itâs especially important to get this company on your radar because, among other things, itâs taking aim at âBird Fluâ and just today, we got this headline: Iâm updating my notes right now and will have my full writeup available on [this page]( promptly at 9am EST so be sure to bookmark that page and refresh it at that time. If things go well, I wonât be surprised if this one makes a double-digit move tomorrow. Nothingâs guaranteed, of course, but Iâll share my reasoning with you in the morning. Be in touch soon! To Your Success, Jeff Bishop DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at . FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. 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