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A Magnificent 7 Stock on my Watchlist ...

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Wed, Aug 7, 2024 12:32 PM

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Plus how I closed a 23% winner on a previous pick. Yesterday I showed you Welltower’s bullish s

Plus how I closed a 23% winner on a previous pick. [Trade of the Day Wake-Up Watchlist] "I believe META's strength has a lot to do with earnings momentum." Nate Bear, Lead Technical Tactician, Monument Traders Alliance [Nate Bear] Yesterday I showed you Welltower’s (WELL) bullish setup as one of my top watchlist picks. I knew I couldn’t pass this one up. WELL had an A+ setup according to my [S.A.M. scanner]( with multiple squeezes on the 78-minute and 1-hour chart. And lo and behold, S.A.M. delivered again. Later that morning, Welltower’s stock moved up and I closed a 23% winner in less than 1 trading day in [Profit Surge Trader.]( That’s the beauty of using an AI tool like S.A.M. It helps me find A+ setups like WELL fast. It also takes the emotion out of trading, giving me the confidence to know I’m sticking my proven trading process. And if there's one thing I can't keep stressing enough – it's that you must be extremely selective in these current volatile markets. When the market is trading on emotion, things can change fast. So if you want help in finding the best setups to make fundamentally sound trading decisions, I recommend checking out my [S.A.M. scanner]( here. Now lets move on to today’s watchlist pick. 0DTE Could Skyrocket Immediately After "American Earnings" Release [Get The Urgent Details Here]( Right now I’m keeping a close eye on META Platforms (META). Meta is one of the few tech stocks that’s held up in the wake of this week’s market correction. I believe its strength has a lot to do with earnings momentum. Last week META got the best earnings reaction out of any of the Magnificent 7 stocks so far. Better than other big tech names like Apple and Amazon. When you look at META’s recent numbers, it’s no surprise why Wall Street is loving them right now. For Q2, META posted a 73% net income boost to $13.47 billion, a big jump from $7.79 billion in the previous quarter. It also raised revenue guidance between $38.5 billion to $41 billion, which was ahead of the analysts forecast of $39 billion. Lastly, META’s recent earnings beat marks the fourth straight quarter of 20% excess growth. But even with strong earnings, there’s another potential catalyst potential working in META’s favor. Due to the recent market correction, there’s a chance at a bounce. This bounce could be as fierce for the stock as its earnings report was last week. That’s why I’ll look go long on META in Daily Profits Live. I’ve already closed a 15% winner on the company in less than 1 trading day this week, and I’ll be looking to add more contracts going forward. Action Plan: With volatility still shaking up markets and strong earnings momentum, I believe we could be in for another bounce in META’s favor. [Click here to see exactly how I’m playing META in Daily Profits Live.]( [Zero Day Trading Secret Demo]( [115% Average Gain]( Every Time the Government Releases Jobs Data... Make This Trade the Night Before! (Target up to 253%... 327%... Even 383% gains... OVERNIGHT!) [Next JOLTS Trade Tuesday, August 13 at 2 p.m. ET!]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Trade of the Day](. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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