Insider Buys $1 million in Shares

Here’s why I believe the bottom could be in for this clothing retailer [Trade of the Day Wake-Up Watchlist] “LULU has dropped 50% in 2024, and I believe we’re near the bottom.” Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance [Bryan Bottarelli] With the Federal Reserve’s upcoming rate cut meeting plus a thin earnings calendar, I’m expecting markets to be in reaction mode this week. For the Fed’s decision, I’ll be eyeing a trade on the SPY in [Catalyst Cash-Outs]( this week. The trade goes live today at 2 p.m. EST. Also, I have another ticker on my watchlist that I want you to know about. I’m currently tracking Lululemon (LULU), the American-Canadian multinational premium athletic apparel retailer. LULU sells athletic apparel including sporting tops, sports jackets, hoodies, joggers, running shoes and underwear. If you’ve followed me in the past - you know I’m a big believer in following what the wives and girlfriends are buying. And a few years back, you might remember Lululemon’s women’s apparel was a big craze. In fact, LULU saw impressive growth in 2023, increasing revenue 19% to $9.6 billion. However, the company has fallen this year. As you’ll see in the chart below, shares are down 50% in 2024. However, I believe LULU’s shares could be nearing the bottom – for one key reason. CEO Calvin McDonald just bought 4,000 shares of LULU for $1 million, paying an average price per share around $260. This was the first open market stock purchase he’s made since being named CEO in 2018. 0DTE Could Skyrocket Immediately After "American Earnings" Release [Get The Urgent Details Here]( Insiders like McDonald buy a stock for one reason – they believe it’s going to go up. And now McDonald owns 89,920 Lululemon shares, according to a form McDonald filed with the Securities and Exchange Commission. This could be a signal that we’re close to the bottom for LULU, making this company a dip buy candidate. Action Plan: With this latest CEO insider buy, I’m tracking LULU for a potential dip play opportunity this week in [The War Room](. Last week I closed 5 of 6 trades for winners (83% win rate) including a 41.92% winner on ORCL. [Don’t miss the next winning trade. Click here to join The War Room.]( [Trading Legend Reveals New AI-Powered Tool]( [Nate Bear]( Nate Bear, the trader who turned $37k into $2.7 Million in 4 years, just revealed his groundbreaking wealth-building initiative... A cutting-edge trading research tool powered-by AI that is finding explosive setups at an UNGODLY speed. See the details for yourself: [ Watch The DEMO Here]( [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.